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Chip turmoil will worsen on Nexperia spat: Wingtech chair warns
Ruby Yang adds that as the dispute continues, the damage to global industrial chain, investment confidence and shareholders deepens[BEIJING/FRANKFURT] Wingtech Technology chairwoman Ruby Yang warned that global chip supplies...
Singapore stocks inch up on inflation forecast; STI gains 0.6%
[SINGAPORE] Local shares closed higher on Tuesday (Dec 23), after the authorities maintained their full-year forecasts for Singapore’s core and headline inflation for November. Core inflation, which excludes accommodation...
Mitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC
The deal is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation [SINGAPORE] Mitsui OSK Lines (MOL) has signed a project finance...
Citigroup, Daiwa are latest to expand Japan dealmaking teams
This is due to hostile takeovers no longer being taboo, and private equity and activist investors are more prominent[TOKYO] It is a good time to be an investment banker...
Who Is Rodney Chatman? Brown University Places Its Troubled Police Chief on Administrative Leave ‘Effective Immediately’ after Deadly Campus Shooting
Brown University has placed its troubled police chief on administrative leave "effective immediately" following the devastating campus shooting that killed two students. Rodney Chatman, Brown University's vice president for...
Mapletree acquires logistics facility in the Netherlands for 32.3 million euros
Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries[SINGAPORE] Mapletree Investments has expanded its logistics presence in Europe with the...
Mapletree acquires logistics facility in the Netherlands
Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries[SINGAPORE] Mapletree Investments has expanded its logistics presence in Europe with the...
Gold sets 50th daily record this year on rate-cut bets and geopolitical risk
Gold has risen 70% this year, driven by strong central-bank buying and inflows into bullion-backed ETFs[LONDON] Gold rose to an all-time high on Tuesday (Dec 23) – the 50th...
Vessel in Seatrium-Maersk settlement hit by Trump’s stop-work order on wind farms
[SINGAPORE] Seatrium said it is “closely monitoring” the Trump administration stop-work order issued to the end-customer of a U$475 million wind vessel job, noting that it can be redeployed...
End-buyer of Seatrium-Maersk vessel caught in Trump’s stop-work order
Singapore company expects vessel to be delivered as agreed in recent settlement with Danish shipping giant[SINGAPORE] Seatrium said it is “closely monitoring” the Trump administration stop-work order issued to...
Iowa Mother Charged After Consuming Alcohol and Leaving 3-Year-Old Son Unsupervised, Leading to Child’s Death in Hot Garage
The mother of a 3-year-old boy found dead in a Bondurant garage earlier this year has turned herself in.Tiffani R. Huff Holmes, 41, surrendered to the Polk County Jail...
PIDG, August Energy look to fill gap for ‘patient capital’ in South-east Asian clean energy
Their US$30 million joint venture will focus on Thailand, Vietnam and the Philippines[SINGAPORE] The Private Infrastructure Development Group (PIDG) hopes to address the gap between strong demand for clean...