Culture
Seatrium to pay over S$240 million to Brazilian, Singapore authorities over corruption offences
[SINGAPORE] Seatrium is putting a long-running corruption case behind it with the payment of financial penalties of more than S$240 million to the authorities in Brazil and Singapore. On...
Acquisitions: The Secret to Exponential Growth
Over the past few years, I’ve led Hawk Media through the acquisition of more than 20 companies—other agencies with amazing talent. This wasn’t just a random buying spree; it...
First Reit reports lower H1 DPU of S$0.0113 on FX depreciation, enlarged unit base
Rental and other income for H1 2025 falls 2.9% to S$50.5 million from S$52 million[SINGAPORE] The manager of First Reit reported a 5.2 per cent fall in H1 2025...
Tariffs hit Inchcape’s Asia-Pacific sales, shares drop 10%
[LONDON] British car distributor Inchcape reported weaker first-half results on Tuesday (Jul 29) as US tariffs dampened demand for high-end vehicles in the Asia-Pacific region, hitting sales and sending...
China’s Premier Li Qiang proposes global AI cooperation organisation
[SHANGHAI] Chinese Premier Li Qiang on Saturday (Jul 26) proposed establishing an organisation to foster global cooperation on artificial intelligence (AI), calling on countries to coordinate on the development...
LVMH in talks to offload fashion label Marc Jacobs: sources
[NEW YORK] French luxury goods group LVMH is in discussions with multiple buyers to offload its fashion label Marc Jacobs, sources familiar with the matter told Reuters on Friday...
How Australia’s Cannabis Industry Is Opening Doors
In just a few short years, Australia’s cannabis industry has evolved from a policy debate to a rapidly expanding medical industry. Now valued at over $230 million AUD as...
Rising affluence, rate cuts fuelling housing market, but economic uncertainty is a wild card: Knight Frank
[SINGAPORE] Interest rate cuts, growing affluence and low unemployment rates spell good news for Singapore’s private residential market, but a cocktail of challenges could test the otherwise resilient sector....
GIC-backed South Korean finance app Toss plans 2026 US listing with over US$10 billion valuation: sources
[HONG KONG/SEOUL] Toss, a popular South Korean app that provides banking and a host of other financial services, aims to list in the US in the second quarter of...
China’s Chery to supply tech to help India’s JSW launch own EVs
[BEIJING] China’s Chery Automobile will supply technology and components to billionaire Sajjan Jindal’s JSW Group to help launch a new-energy vehicle brand in India by 2027, according to sources...
