Business
Metro names Erwin Wuysang-Oei as retail arm’s new CEO
Property investment and development group Metro has appointed Erwin Wuysang-Oei as the chief executive officer of its retail arm, with…
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Business
Business
Infinity Development lodges preliminary document for Catalist IPO
The Hong Kong-based adhesive manufacturer’s biggest revenue contributor is Vietnam, which is a top footwear export market Infinity…
Business
Will China’s venture capital market become investable again?
Deal value slumps 36% year on year in first eight months of 2025 as investors shy away from trade tensions, domestic challenges “No one…
Business
Man, 25, Caught Trying to Sneak 9,200 Vape Pods into Singapore in Fake Power Bank Shipment
A 25-year-old man was arrested for smuggling more than 9,200 vape pods into Singapore. The police, Immigration and Checkpoints Authority…
Business
World’s biggest jeweller Pandora picks first woman to lead the firm
Pandora, which sells more pieces of jewellery than any other company in the world, picked its first woman as top leader, an adjustment to…
Business
Aster Chemicals invests US$125 million in mooring, pipeline works for Singapore refinery
Singapore’s Aster Chemicals and Energy is investing US$125 million to upgrade its single buoy mooring and pipeline infrastructure near…
Business
JPMorgan’s US$20 billion EA deal marks win over private credit
The bank makes the commitment through its leveraged-finance arm, not its private credit strategy The US$55 billion take-private of…
Business
Sembcorp subsidiary clinches 10-year power and water agreement with Omani company
The new contract strengthens long-term revenue visibility and supports operational sustainability, says Sembcorp A subsidiary of Sembcorp…
Business
Visa tests pre-funded stablecoins for cross-border payments
The programme has the potential to eliminate a worst case scenario for clients: an underfunded account causing service delays for their…
Business
China bans all BHP iron ore cargoes as pricing dispute deepens
China’s state-run iron ore buyer has told major steelmakers and traders to temporarily halt purchases of all new BHP Group cargoes,…
Business
CapitaLand Investment, SC Capital launch industrial development fund focused on Gulf Cooperation Council markets
CapitaLand Investment (CLI) and SC Capital Partners have launched an industrial development fund focused on the Gulf Cooperation Council…
Business
Australia holds key rate, signals renewed price pressure
Australia’s central bank kept its key interest rate unchanged in a widely anticipated decision, while warning that third-quarter inflation…
Business
Zijin Gold soars in Hong Kong debut after world’s top IPO since May
The prospect of buying into an undervalued blue-chip stock attracts a marquee list of cornerstone investors, including GIC Zijin Gold…
Business
Asia: Stocks rise, gold hits record as rate cuts and shutdown loom
EQUITIES rallied for a second day and gold hit another record on Tuesday on growing Federal Reserve interest rate optimism, though traders…
Business
Singapore equities market rebound fuels demand for investor relations
More IPO aspirants are reaching out to IR agencies, prompting these firms to expand their teams and seek professionals with specialised…
Business
RHB, Maybank keep ‘buy’ call amid Singtel sell-down, say long-term growth outlook still intact
This is despite the near-term outlook and share price of its subsidiary Optus being clouded by recurring outages Analysts on Tuesday (Sep…
Business
BOJ debated chance of near-term rate hike, meeting summary shows
Bank of Japan board members debated the feasibility of raising interest rates in the near term with some suggesting the time for such a…
Business
Australia’s Aware Super buys into US$1.3 billion US warehouse deal
The investment comprises three Los Angeles properties spanning about 2.8 million square feet of building area, the A$200 billion…
Business
Huawei to double output of top AI chip as Nvidia wavers in China
Huawei Technologies is preparing to sharply ramp up production of its most advanced artificial intelligence (AI) chips over the next year,…
Business
OUE Reit unit prices S$150 million green notes due 2032 at 2.75%
Net proceeds will go exclusively towards projects that meet at least one eligibility category in the real estate investment trust’s green…
Business
Stocks to watch: UOB, OUE Reit, Keppel Pacific Oak US Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 30): UOB: The bank announced on…
Business
Vietnam traders back gold reforms as draft plan is unveiled
The country’s prices have often run ahead of global rates, despite government efforts to reduce the difference Vietnam’s plans to loosen…
Business
The STI has soared over 12% this year. Here’s how much analysts predict it can still rise
Amid several global headwinds this year, analysts are positive on the Straits Times Index (STI), with many raising their targets recently.…
Business
UK shop prices rise at fastest pace since February 2024
Prices at British retailers rose at the fastest pace since February 2024 this month as food costs continued to increase rapidly and a…