Business
Blackstone lowers offer for warehouse Reit, extends deadline
S managed by Blackstone have lowered an offer to purchase Warehouse real estate investment trust (Reit) Plc after matters uncovered in due…
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Business
Business
US: Stocks mixed as China trade tensions fuel unease
Wall Street stocks saw a mixed end to the day on Friday (May 30), as trade tensions between the United States and China heated up with…
Business
Europe: Shares end May higher as trade uncertainty persists
EUROPEAN shares closed higher on Friday (May 30), rounding off the month with gains in a still uncertain trade environment as investors…
Business
Oil finishes down on possible OPEC+ output hike
US crude futures fell on Friday (May 30) as traders expected Opec+ would decide on Saturday to boost oil output for July beyond previous…
Business
LinkedIn cuts 281 workers in California as tech layoffs continue
LinkedIn, the professional social network where people search for work, is shedding jobs. The Microsoft-owned tech company has cut 281…
Business
DeepSeek's R1 Upgrade Nears Top-Tier LLMs
DeepSeek today rolled out DeepSeek-R1-0528, an upgraded version of its R1 large language model that it says now rivals OpenAI's O3 and…
Business
Iran's spy game: How the Islamic Republic convinces Israelis to betray their homeland
INTERNAL SECURITY AFFAIRS: For a fistful of dollars, Israelis are ready to assist Iran in its war against Israel. Roy Mizrahi and Almog…
Business
Glenn Greenwald: Pulitzer-Winning Journalist's Sex Tapes Go Viral on Social Media as He Blames 'Political Enemies' Behind Scandal
Journalist Glenn Greenwald has spoken out against his "political enemies" after sex tapes involving him were shared on social media. In a…
Business
Asian Markets React to U.S. Tariff Shifts, Japan Debt Concerns and Strong Yen Pressure Stocks
Markets in Asia finished the week cautiously as investors awaited critical United States inflation figures and a continuing air of…
Business
Name Game: Shoe Carnival Is Converting More Stores to Shoe Station Banner
First quarter net sales and net income were down at Shoe Carnival Inc., but its stock rose in pre-market trading after the company…
Business
US: Wall St opens lower as Trump says China violated tariff terms
Wall Street’s main indexes opened lower on Friday (May 30) as trade worries deepened after US President Donald Trump accused China of…
Business
Saudi Aramco could tap debt markets again after US$5 billion bond sale
Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil major may soon…
Business
OKP unit wins S$258.3 million LTA contract to construct new cycling paths in east
A unit of mainboard-listed infrastructure and civil engineering company OKP has won a contract worth S$258.3 million from the Land…
Business
Olam secures US$1.85 billion loan
The first tranche is a US$1.6 billion conventional loan, while the remaining US$250 million will be issued as an Islamic loan Agribusiness…
Business
Wee Hur sets up S$500 million medium-term note programme
Notes to be issued may be in Singapore dollars or any other currency, in various amounts and tenors, and may bear interest at fixed,…
Business
China's central bank injects 700 billion yuan of outright reverse repos in May
Market participants are closely watching for signals on when the PBOC will resume purchases of its own government bonds China’s central…
Business
DFI Retail Group divests 22.2% stake in Robinsons Retail for undisclosed sum
The divestment will enable DFI to redeploy capital to support growth and enhance shareholder returns across its subsidiaries, says group…
Business
MacDermid Alpha Electronics Solutions expands Singapore production facility
Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production…
Business
Fuji Offset Plates Manufacturing shares jump 67% after former Dyna-Mac CEO AC Lim buys S$4.5 million stake
It appears former Dyna-Mac chairman and chief executive Lim Ah Cheng – better known in the industry as AC Lim – is working his magic…
Business
EssilorLuxottica Expands Med-tech Strategy With Acquisition of Ophthalmology Platform Optegra
MILAN – EssilorLuxottica is making another acquisition in the med-tech segment. The eyewear giant said Friday it has entered into an…
Business
AI to send Asia’s data centre spending and power needs up; Morgan Stanley picks the winners
Data centre investments in Asia will likely double to US$200 billion by 2030, as the rising use of artificial intelligence (AI) will…
Business
Stone Island Strengthens Commitment to China With Flagship Openings, Strategic Investments
MILAN — Stone Island hasn’t given up on China. On the contrary, it is reinforcing its commitment to that market. “China, despite the fact…
Business
US regulator drops lawsuit against Binance
The US Securities and Exchange Commission (SEC) on Thursday dropped its civil lawsuit against the cryptocurrency exchange Binance and its…
Business
Livingstone Health back in the black, logs H2 profit of S$0.4 million from streamlining efforts, higher revenue
Livingstone Health Holdings Limited booked a net profit of S$0.4 million for the second half-year ended Mar 31, a reversal of the net loss…