Business
Singapore tycoon Sam Goi makes S$123.5 million offer to buy rest of PSC
Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 a piece.…
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Business
Business
Popiah king Sam Goi makes S$0.40 a share offer to buy rest of PSC
Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 a piece.…
Business
Popiah king Sam Goi makes mandatory offer for rest of PSC at S$0.40 a share
Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 apiece.…
Business
US: Wall St opens muted; airline stocks jump on Delta's outlook
Wall Street opened muted on Thursday (Jul 10), taking a breather after Nvidia’s US$4 trillion sprint, while airline stocks jumped…
Business
Cordlife offers enhanced support to clients affected by damaged tanks in Singapore
Private cord-blood bank Cordlife will offer enhanced support to its customers who were affected by the November 2023 discovery of its…
Business
Returns, Refunds and the Fight for Loyalty
What happens “beyond buy” is no longer a consumer experience afterthought; it’s a strategic and financial imperative. Returns, refunds and…
Business
Meta poached Apple’s AI engineer Pang with pay package over US$200 million: sources
Meta Platforms has made unusually high compensation offers to new members of its “superintelligence” team – including a more than US$200…
Business
eSIM platform Airalo raises US$220 million in new funding round, lifts valuation past US$1 billion
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC eSIM platform Airalo has raised US$220…
Business
China solar stocks surge as Beijing moves to calm price wars
Some China solar stocks jumped sharply on Thursday (Jul 10), continuing a multi-day rise. This comes on the back of news that Beijing…
Business
US bank profits to climb on stronger trading, investment banking
Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking.…
Business
Opec trims oil demand for next four years
The Organization of the Petroleum Exporting Countries (Opec) cut its global oil demand forecasts for the next four years on Thursday (Jul…
Business
STI up 0.4% on Thursday as investors stay positive despite tariff uncertainty, split Fed views
Across the broader market, gainers outnumber losers 324 to 175, with about 1.6 billion securities worth S$1.2 billion changing hands The…
Business
Nvidia Surge Powers Nasdaq to Record High as Fed Minutes Signal Rate Cuts
Nvidia briefly crossed the $4 trillion market valuation mark on Wednesday and closed at $3.97 trillion, up 1.8%. This surge helped push…
Business
Chinese property shares surge on unverified reports of meeting to revive sector
A gauge of Chinese property shares jumped the most in nearly nine months, fuelled by speculation a high-level meeting will be held next…
Business
Nvidia Hits $4 Trillion value, Surpasses Apple and Microsoft as CEO Jensen Huang's Wealth Soars with AI Boom
US tech giant Nvidia created history by becoming the first publicly held company ever to be valued at more than $4 trillion. Right in the…
Business
Glencore JV in talks to buy Exxon's 59 Singapore petrol stations worth US$1 billion
The sale would allow the American oil major to deploy more capital in areas of higher growth potential — Aster Chemicals and Energy, a…
Business
L’Oréal Denies Claims Of Hong Kong Office Closure, Layoffs
After news began circulating earlier this week that L’Oréal is considering merging its Hong Kong office with its Mainland China…
Business
Richard Li’s China insurance expansion talks stall amid backlash to father’s port sale plan
The discussions were suspended shortly after the port sale was announced in early March Billionaire Richard Li’s efforts to expand his…
Business
Dutch firm moves to privatise Grand Venture Technology at S$0.94 apiece
A Dutch firm is looking to take Grand Venture Technology private by way of scheme of arrangement, said the precision engineering solutons…
Business
Dutch firm moves to privatise Grand Venture Technology at S$0.94 per share
A Netherlands-incorporated firm is looking to privatise precision engineering solutions company Grand Venture Technology at S$0.94 a…
Business
TSMC revenue climbs 39% in latest sign of AI spending boom
For 2025, investors remain wary about the impact of tariffs on the global economy and the electronics sector Taiwan Semiconductor…
Business
Tariffs, potential MSCI ousting may dampen Genting Singapore’s expected H2 earnings uplift: DBS
Genting Singapore might not get as much of an uplift as was hoped for. This is as macroeconomic uncertainties, tariffs and a potential…
Business
DBS downgrades Genting Singapore shares, lowers target price, on tariffs dampening outlook
DBS on Thursday (Jul 10) downgraded shares of Genting Singapore to a hold rating, and also lowered its target price. This is as…
Business
Asia: Stocks mostly rise on trade deal optimism
Asian markets mostly rose on Thursday on optimism that governments will hammer out deals to avoid the worst of US President Donald Trump’s…