Business
Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit Mindarie Investment,…
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Business
Business
Mandatory offer for Alpha Integrated Reit at S$0.48 each following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit Mindarie Investment,…
Business
Saks mulls bankruptcy year after raising billions for turnaround
SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month, is…
Business
Stocks to watch: CapitaLand Investment, Ever Glory United
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (CLI):…
Business
Stocks to watch: CapitaLand Investment, Ever Glory United, Alpha Integrated Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (CLI):…
Business
Chinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024 THE standoff between China and…
Business
Citigroup to boost Japan investment banking team on deal boom
Other banks are strengthening their investment banking operations in Japan as well CITIGROUP will further increase its investment banking…
Business
Electronic Arts shareholders approve US$55 billion sale to Saudis
ELECTRONICS Arts shareholders approved the US$55 billion sale of the company, a leading video-game publisher, in a deal led by Saudi…
Business
US stocks push higher while gold, silver notch fresh records
WALL Street stocks pushed higher on Monday to begin a holiday-shortened trading week, while oil prices rallied amid worsening tensions…
Business
European shares muted at start of holiday-shortened week
EUROPEAN shares were little changed on Monday, with beverage stocks weighing on the index, as investors navigated a holiday-shortened week…
Business
At High-profile Properties, Miller Capital Advisory Advances High-end Agenda
When Andrew Miller, founder and chief executive officer of Miller Capital Advisory, says his firm is in “very rarefied territory,” he…
Business
Jeffrey Epstein Is Seen in New Photos Kissing and Cuddling Minor Girls on Lolita Express as More Files Are Released
Disturbing images released as part of the Justice Department's latest batch of documents appear to show Jeffrey Epstein cuddling and…
Business
From Batch Processing to Real-Time Alerts: Rebuilding SNAP Fraud Detection
Every month, SNAP benefits reach 42 million Americans, but behind those transactions sits a system riddled with gaps. In fiscal year 2023,…
Business
Telefonica to cut 5,500 jobs with total cost of 2.5 billion euros
The Spanish carrier has signed an agreement with unions to implement the exit plans Telefonica will book a cost of 2.5 billion euros…
Business
JPMorgan is exploring crypto trading for institutional clients
It is the latest sign of banks warming up to digital assets, and considering it less as a fringe investment JPMorgan Chase is considering…
Business
Wall Street climbs as tech rebound gathers momentum
US stocks rose on Monday (Dec 22), kicking off the holiday-shortened week on a positive note, as technology stocks continued to rebound…
Business
Larry Ellison offers US$40.4 billion guarantee to beef up Paramount's Warner Bros bid
Oracle co-founder Larry Ellison will provide a personal guarantee of US$40.4 billion in equity financing to back Paramount Skydance’s…
Business
Ever Glory United to move to SGX mainboard on Dec 29; public offer 7.6 times subscribed
Catalist-listed engineering services provider Ever Glory United will transfer to the mainboard of the Singapore Exchange (SGX) on Dec 29.…
Business
Nvidia aims to begin H200 chip shipments to China by mid-February
It will provide access to processors roughly 6 times more powerful than the H20, a downgraded chip designed for China Nvidia has told…
Business
HTC bets its open AI strategy to drive smart glasses sales
The glasses support multiple platforms, letting users benefit from improvements by various models Taiwan’s HTC is betting its open…
Business
CapitaLand Malaysia Trust to acquire five industrial facilities in Johor for RM220.8 million
The properties are strategically located within the Johor-Singapore Special Economic Zone to capitalise on rising demand CapitaLand…
Business
HSBC hires ex-Citi executive Ida Liu to lead its private bank
HSBC Holdings has hired former Citigroup executive Ida Liu to run its global private banking business, according to people familiar with…
Business
MUIS to Distribute S$4.3M Year-End Payout to Over 6,000 Low-Income Households in Singapore
The Islamic Religious Council of Singapore (MUIS) announced that more than 6,000 low-income households will receive a special year-end…
Business
Chinese AI firm MiniMax to launch Hong Kong IPO in early January
The firm develops multimodal AI models which can process text, audio, images, video and music Chinese artificial intelligence (AI) firm…