Culture
Singapore stocks rise after US court blocks Trump’s tariffs; STI up 0.1%
[SINGAPORE] Singapore stocks ended higher on Thursday (May 29), after a US trade court on Wednesday blocked US President Donald Trump’s “Liberation Day” tariffs from going into effect.In Singapore,...
NTT Docomo to buy SBI’s net bank for 420 billion yen in cutthroat market
The move is part of a capital alliance between the state-backed telecom group and SBI HoldingsPublished Thu, May 29, 2025 · 05:35 PM[TOKYO] NTT Docomo is buying SBI Holdings’...
NTT Docomo to buy SBI’s online bank for 420 billion yen in cut-throat market
[TOKYO] NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese mobile carrier’s financial offerings in a hyper-competitive...
Phillip Securities initiates coverage on dividend-focused Reit ETF trading at ‘attractive’ valuation
[SINGAPORE] Phillip Securities Research has initiated coverage on the Phillip SGX APAC Dividend Leaders REIT ETF (Pareits) with an “accumulate” call and a target price of S$1.095.In a report...
As listcos head for the door, are private markets the answer for investors?
[SINGAPORE] Private markets have grown increasingly popular in recent times in South-east Asia, with Singapore accounting for 45 per cent of the private equity market in deal value and...
Toyota sales hit second monthly record on US demand, tariff rush
Japanese carmakers are heavily reliant on the US auto market and could suffer as much as a US$19 billion impact from the leviesPublished Thu, May 29, 2025 · 02:11...
NIE, Amazon Web Services set up AI-focused innovation hub for edtech research
[SINGAPORE] The National Institute of Education (NIE) and Amazon Web Services (AWS) on Thursday (May 29) announced the launch of the Technology for Education Centre (TEC) – a new...
Aramco will keep borrowing, CEO says, as oil slump cuts cashflow
[DUBAI] Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised...
Vietnam’s AI ambitions hinge on one US$6.8 billion tech company
[HANOI] Four decades ago, Truong Gia Binh set up a technology company using a single computer in a room loaned by his then-father-in-law, general Vo Nguyen Giap, revered for...
Shopee’s SPX Express partners Frasers Property Vietnam to build automated sorting centre
Facility includes advanced two-storey automated sorting machines that can sort up to 7 million parcels a day, the highest for SPX Express in Vietnam[SINGAPORE] SPX Express, Shopee’s independent third-party...
