Business
CATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President…
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Business
Business
Changi Airport Terminal 5 contracts worth S$4.75 billion awarded
Changi Airport Group (CAG) announced on Monday (May 5) that contracts of around S$4.75 billion in value for substructure and airside…
Business
Stocks to watch: Sinarmas Land, Frasers Hospitality Trust, Procurri Corp
The following companies saw new developments that may affect trading of their securities on Tuesday (May 6). Sinarmas Land: W Capital, the…
Business
Apple prices first bond offering in two years
Apple sold US$4.5 billion worth of bonds late on Monday (May 5), its first offering in two years, and said it plans to use proceeds to…
Business
Hong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakers Hong Kong…
Business
Providence unveils upgrades to India Point Park
PROVIDENCE, R.I. (WPRI) — City leaders held a ribbon cutting Monday afternoon to celebrate the latest renovations at India Point Park in…
Business
OpenAI says its nonprofit will remain in control of its for-profit business
ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with…
Business
Saudi Arabia reports first-quarter deficit of US$15.65 billion
Declining oil prices and voluntary production cuts have weighed on Saudi revenue in recent years Saudi Arabia’s deficit widened…
Business
Gen Z and Millennials Are Redefining What Items Are ‘Necessities’ Amidst Economic Uncertainty
A cost-of-living crisis is hardly new territory for Millennial and Gen Z Americans as a new cloud of uncertainty hangs over the state of…
Business
Procurri Corp moves towards delisting by appointing IFA for privatisation offer
Procurri Corp has appointed Evolve Capital Advisory as the independent financial adviser (IFA) for the acquisition offer from parent…
Business
SIC proposes changes to takeovers and mergers code to protect competitive process, improve disclosures
The Securities Industry Council (SIC) on Monday (May 5) issued a consultation paper on amendments to Singapore’s Code on Take-overs and…
Business
Germany's Vossloh to supply rail fastening systems in China deal
A View of the administrative offices of Vossloh Locomotives. Vossloh said its Chinese subsidiary Vossloh Fastening Systems China has been…
Business
Singapore stocks end higher on Monday; STI up 0.2%
Top gainer is DFI Retail Group at US$2.71, while the biggest decliner is Yangzijiang Shipbuilding at S$2.11 Stocks in Singapore ended…
Business
IPhone maker Hon Hai’s April sales surge 26% ahead of US tariffs
Hon Hai Precision Industry, the main contract manufacturer for Apple and Nvidia, said its April revenue rose 26 per cent, likely boosted…
Business
Indigenous Catholics hope the next pope shares Francis' approach to Native people
SIMOJOVEL, Mexico (AP) — At a recent service in the remote southern Mexican community of Simojovel, Catholic and Mayan symbolism mingled…
Business
China resumes spot LNG purchases to take advantage of price drop
The move is a u-turn for Chinese LNG buyers, which had reduced imports and resold shipments because expensive gas was not attractive to a…
Business
Anthropologie and Moleskine Partner to Recognize Emerging Artists
Anthropologie has partnered with Moleskine to launch a limited-edition journal collection featuring cover designs by YoungArts alumni. As…
Business
Green Business: Profit from Saving the Planet
Starting a green business isn’t just a trend—it’s becoming a necessity. With climate change and environmental concerns at the forefront of…
Business
BHP partner says Filo copper discovery is largest in 30 years
Copper mines are getting harder and much more costly to develop, even as global demand for the metal is projected to increase given its…
Business
Ajisen Ramen operator Japan Foods warns of ‘substantial’ full-year loss
This is based on a preliminary review of the unaudited management accounts of the group Japan Foods announced on Monday (May 5) that it…
Business
New Zealand central bank sees AI adoption posing risk to financial stability
The rapid acceleration of artificial intelligence adoption in financial services presents a risk to financial stability, the Reserve Bank…
Business
Stocks to watch: CapitaLand Integrated Commercial Trust, Japan Foods
The following companies saw new developments that may affect trading of their securities on Monday (May 5). CapitaLand Integrated…
Business
Sinarmas Land offer price may be hiked
SINCE this column broached the topic of the lowball offer for Sinarmas Land five weeks ago, there have been two important developments.…
Business
GE2025 results expected to have limited impact on Singapore stocks, say market watchers
While Saturday’s General Election (GE) offers a welcome signal for investors who value political stability, market watchers say its impact…