Culture
Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg
The offer is expected to be fair and reasonable in accordance with Singapore’s listing guidelines[SINGAPORE] Great Eastern is considering options that include a plan to delist via an offer...
Acrophyte Hospitality Trust proposes disposal of Michigan hotel for US$6.7 million
[SINGAPORE] Acrophyte Hospitality Trust has proposed the disposal of a hotel in the US city of Auburn Hills in Michigan for a consideration of around US$6.7 million, said managers...
China warns BYD, rivals to self-regulate as price war heats up
[BEIJING] Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address concerns about the long-running price war, according to people...
Statista, TIA to award Singapore’s Top Fintech Companies for 2026
FOR the first time, Tech in Asia and global market research firm Statista will recognise Singapore’s top fintech companies.The list will include firms across these sectors:
Payments
Neobanking
Alternate finance
Wealth tech
Financial planning
Digital...
Ship carrying EVs abandoned in Pacific after catching fire
[LONDON] A ship carrying about 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire on Tuesday (Jun 3), highlighting a growing risk...
Vingroup seeks private loan to buy KKR’s stake in Vinschool
Published Thu, Jun 5, 2025 · 12:17 PM[SINGAPORE] Vietnamese conglomerate Vingroup is seeking a around US$300 million private credit loan to purchase KKR’s stake of about 38 per cent...
Asia: Most markets rise as US data feeds rate-cut hopes
[HONG KONG] Asian shares mostly rose on Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and put the focus on key...
Gold edges higher as soft US data lifts safe-haven demand
Published Thu, Jun 5, 2025 · 09:24 AM[BENGALURU] Gold prices nudged higher on Thursday (Jun 5), as weaker-than-expected US economic data spurred demand for safe-haven assets, while market participants...
Amazon’s delivery, logistics get an AI boost
[SUNNYVALE, California] Amazon wants customers to know that artificial intelligence is not just for writing college essays.In a series of announcements on Wednesday, Amazon demonstrated how stockroom robots, delivery...
Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
[BENGALURU] CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding fresh momentum to a growing pipeline of...
