Culture

CK Hutchison announces completion of Vodafone and Three’s merger in UK
Vodafone and Three will invest £11 billion over the next 10 years in building one of Europe’s most advanced 5G networksPublished Mon, Jun 2, 2025 · 08:09 PM[LONDON] Vodafone...
Sanofi to buy US biopharma group Blueprint for up to US$9.5 billion
[PARIS] France’s Sanofi has agreed to buy US-based Blueprint Medicines Corporation for up to US$9.5 billion to boost its position in rare immunology diseases, in the biggest deal struck...
Thailand’s virtual bank race heats up
[BANGKOK] Thailand’s finance ministry is set to issue three virtual banking licences by mid-June – a move that could jolt the country’s lucrative but tightly held financial sector, long...
Independent director Chua Kee Lock acquires venture shares on open market
[SINGAPORE] Over the five trading sessions from May 23 to May 29, institutions were marginal net sellers of Singapore stocks, with net institutional outflow of S$2 million compared to...
Why Daydreaming is Essential for Creativity and Mental Health
I recently found myself in that familiar state—lost in a daydream, mentally wandering through fields of possibilities while the world continued around me. “I fell asleep and ate the...
Blackstone lowers offer for warehouse Reit, extends deadline
Published Sat, May 31, 2025 · 08:45 AMFUNDS managed by Blackstone have lowered an offer to purchase Warehouse real estate investment trust (Reit) Plc after matters uncovered in due...
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 assessed the latest developments in US President...
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[SINGAPORE] Agribusiness giant Olam has secured a US$1.85 billion...
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 bondsPublished Fri, May 30, 2025 · 06:57 PM[SHANGHAI] China’s central bank...
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[SINGAPORE] DFI Retail Group said on Friday (May 30) that...
MacDermid Alpha Electronics Solutions expands Singapore production facility
[SINGAPORE] Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production facility in Tuas.The expansion aims to scale up the production of...
Joint venture by Boustead Projects’ unit clinches JTC tender to develop industrial facility on Tukang Innovation Drive site
The site is the first under the Industrial Government Land Sales Programme to be awarded with an additional three years of lease[SINGAPORE] A joint venture of Boustead Projects’ wholly...