Business
Sembcorp’s renewables unit wins 50MW round-the-clock power project from Indian public sector company
Sembcorp Industries on Thursday (Jun 12) announced that its wholly owned renewables subsidiary Sembcorp Green Infra was awarded a 50…
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Business
Business
Airbus revises up 20-year jet demand forecast despite trade tensions
Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport…
Business
Ananda Lewis: Former MTV VJ Dies Aged 52 after Battling Stage Four Breast Cancer after Refusing Double Mastectomy
Ananda Lewis, a former MTV VJ and talk show host, has died at the age of 52 following a long fight with breast cancer. The heartbreaking…
Business
Grab prices and increases convertible notes offering to US$1.5 billion
The proceeds will be used for general corporate purchases, a concurrent repurchase of shares and possible acquisitions Grab announced on…
Business
Apac data centre boom straining power grids; reliability key to site selection: report
Surging demand in the Asia-Pacific (Apac) for data centres and other energy-intensive sectors is starting to weigh on power systems across…
Business
Apac’s data centre boom threatens to strain power grids, reliability at risk: report
Asia Pacific’s (Apac) soaring demand for data centres and other energy-intensive sectors is starting to weigh on power systems across the…
Business
China likely to ditch low-grade coal from Indonesia due to glut
CHINA is likely to cut imports of the lowest grades of coal as a glut of the fuel makes the trade uneconomic and the government tightens…
Business
Meta taps top researchers from Google, Sesame for new AI lab
META Platforms has poached top engineers from multiple tech firms, including Alphabet Inc.’s Google, for a new team focused on achieving a…
Business
CapitaLand China Trust to raise 748 million yuan via divestment for C-Reit listing
CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the…
Business
CapitaLand China Trust to divest retail property for 748 million yuan
CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the…
Business
Gold prices climb as Middle East tensions rise, US inflation eases
GOLD prices rose on Thursday, as rising Middle East tensions boosted demand for safe-haven assets, while softer-than-expected US inflation…
Business
Stocks to watch: CapitaLand Investment, TalkMed, Aspen
The following companies saw new developments that may affect trading of their securities on Thursday (Jun 12). CapitaLand Investment…
Business
Toyota chairman to face scrutiny over US$33 billion deal at shareholder meeting
Toyota Motor Chairman Akio Toyoda is likely to face scrutiny over a US$33 billion take-private deal of a key supplier when shareholders…
Business
Toyota chairman re-elected against backdrop of US$33 billion buyout bid
Toyota Motor shareholders re-elected Akio Toyoda as chairman on Thursday (Jun 12), highlighting support among mom-and-pop investors even…
Business
Nvidia marks Paris tech fair with Europe AI push
Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss…
Business
IFAs should hew to thinking of the market
[singapore] This column suggested last week that shareholders of Singapore Paincare think twice about accepting the recently announced…
Business
Europe: Shares slip as markets unfazed by US-China deal
EUROPEAN shares saw their early gains evaporate, closing in the red on Wednesday, as the much-anticipated US-China trade talks offered…
Business
US: Stocks rally fades after China trade framework
Wall Street stocks finished lower on Wednesday despite positive movement in the US-China trade conflict and a benign US inflation report.…
Business
Victoria’s Secret in ‘Recovery Phase’ After Cyber Incident
Hillary Super has been keeping busy at Victoria’s Secret & Co. Super — the former Savage x Fenty executive who took the reins at the…
Business
Oil Prices Hit 7-Week High on US-China Trade Optimism and Tightening of Supplies
Oil prices rose to nearly their highest level in two months on Wednesday. The rally followed news that U.S. President Donald Trump had…
Business
Gold Climbs on Softer Inflation Data as Fed Rate Cut Hopes Rise
A recent shift in sentiment across financial markets has offered some relief to investors who have been grappling with inflation concerns.…
Business
Colin Walsh to Step Down as CEO of P&G’s Specialty Beauty Division
Procter & Gamble’s Specialty Beauty division has a new chief executive officer. Colin Walsh, who has held the position since July 2023, is…
Business
US: S&P 500, Nasdaq open near record levels after May inflation data
The S&P 500 and Nasdaq opened near record levels on Wednesday (Jun 11), as a cooler-than-expected inflation report calmed concerns around…
Business
Eating out loses its bite; some listed F&B players are in the red on wilting demand, high costs
As listed food and beverage (F&B) operators cite a drop in demand for eating out amid high rental rates and operating costs, analysts say…