Business
Orbitt Space's Air-Breathing Engine Raises $1M to Conquer Ultra-Low Earth Orbit
Space-tech startup Orbitt Space has secured $1 million in a pre-seed funding round. Pi Ventures headed the investor's list for the…
Section
Business
Business
Kim Heng inks deal with Singapore Energy Interconnections on submarine power projects
This comes after Singapore Energy Interconnections’ other project to enable low-carbon electricity imports from Indonesia to Singapore…
Business
Global convergence of sustainability disclosure standards – what boards need to know
SUSTAINABILITY disclosures have finally begun to align globally after a long, winding journey spanning three decades. What originated in…
Business
Doing away with SGX watch list may help the firms focus more on the long term: market watchers
The proposed removal of Singapore Exchange’s (SGX) financial watch list could benefit companies by allowing them to focus on business…
Business
EV maker VinFast’s Q1 loss widens on higher spending as deliveries rise
Vietnamese electric vehicle maker VinFast on Monday (Jun 9) reported its sixth consecutive quarterly net loss as it continues to ramp up…
Business
Predatory Pricing Is More Myth Than Market Threat
Basic economic ideas explain why most alleged cases of predatory pricing represent something else entirely. Source link
Business
Asian Markets Rally on Strong U.S. Jobs Data and Renewed China Trade Talks
There is a cautious yet optimistic tone in Asian markets this week. After a stressful week of economic anxiety, investors finally had a…
Business
Singapore stocks close Monday higher ahead of US-China talks; STI up 0.1%
Local stocks rose on Monday (Jun 9), in line with gains in Asian markets on hopes that a fresh round of US-China trade talks will ease…
Business
Qualcomm strengthens AI portfolio with US$2.4 billion Alphawave deal
US chipmaker Qualcomm agreed to acquire Alphawave for about US$2.4 billion on Monday (Jun 9), as part of efforts to strengthen its AI…
Business
DBS tops US$100 billion market value in Singapore Exchange first
DBS Group Holdings became the first listed company in Singapore to top US$100 billion in market value, helped by a softer US currency that…
Business
Nissan receives 17,000 N7 orders in the first month
Dongfeng Nissan Passenger Vehicle Company Ltd (Dongfeng Nissan), one of Nissan Motor’s vehicle manufacturing joint ventures in China,…
Business
Banks want staff back at the office. There aren’t enough desks
Five years after the Covid pandemic fuelled an unprecedented boom in remote work, bank executives have become ever more vocal in their…
Business
Xiaohongshu joins wave of Chinese firms releasing open-source AI models
Xiaohongshu, also known as Rednote, one of the country’s most popular social media platforms, has released an open-source large language…
Business
Hong Kong to maintain US dollar peg despite geopolitical tensions
Hong Kong will maintain its currency peg to the US dollar, the financial hub’s leader said in an interview published on Monday (Jun 9),…
Business
Bank of England risks repeat of Brexit pessimism as growth signals diverge
Bank of England (BOE) rate-setters risk underestimating the strength of the UK economy by placing too much faith in downbeat business…
Business
Atome to get US$75 million from Lending Ark as credit demand grows
As traditional credit markets in the US and Europe falter, private credit investors are turning their attention to emerging markets, drawn…
Business
Nomura to shut branch in China as it scales back wealth business
The company’s brokerage subsidiary plans to shut its branch in Zhejiang province by the end of the year Nomura Holdings is closing one of…
Business
Oil prices hold gains ahead of US-China trade talks
Inflation data from China on Monday morning will give a reading of domestic demand in the world’s largest crude importer Oil prices held…
Business
MoneyHero expands into digital assets in partnership with OSL
This is to satisfy Hong Kong’s growing interest in digital assets and increasing demand for diversified financial solutions MoneyHero…
Business
Income Insurance chairman Ronald Ong to retire from role after seven years at helm
Income Insurance chairman Ronald Ong will retire from his role after seven years at the helm, the company announced on Monday (Jun 9). The…
Business
Asia: Markets rally ahead of latest China-US trade talks
Stocks rallied on Monday (Jun 9) on hopes that a fresh round of China-US trade talks later in the day will ease tensions between the…
Business
‘Most unloved bonds’ turn routine US auction into crucial test
Global investor pushback against long-term government debt is turning what normally would be a routine US bond auction into one of the…
Business
Gold falls on strong US jobs data and improved trade outlook
Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal…
Business
CapitaLand Investment expands fund with Japan asset acquisition at 30 billion yen
CapitaLand Investment (CLI) on Monday (Jun 9) announced that it secured additional capital commitments from new and existing institutional…