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Ever Glory to offer 2 million new shares at S$0.64 each ahead of proposed transfer to mainboard
It will raise around S$1.2 million in net proceeds if the offer is fully subscribed As part of its proposed transfer to the Singapore…
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Barclays joins bank rivals in buying stake in United Fintech
It has bought two fintechs this year, bringing its total to seven and giving it more than 200 employees across 11 locations globally…
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Former Connecticut School Teacher Accused of Sexually Assaulting Her Student
A former high school teacher in Meriden, Conn., is facing multiple charges for allegedly having a sexual relationship with a student.…
Business
Temasek, top funds bid in Swiggy’s US$1.1 billion share sale
The fundraising underscores the Indian e-commerce market’s rapid expansion amid surging demand Global investors, including Temasek…
Business
Wingtech seeks to restore Nexperia control as chip feud lingers
Despite political progress, Nexperia’s Dutch HQ and its Chinese operations are locked in an internal feud Wingtech Technology has invited…
Business
Style Capital Exits LuisaViaRoma: Sources
MILAN – Style Capital is exiting luxury retailer LuisaViaRoma after four years, WWD has learned. Sources said that current chief executive…
News
Chicago Man Convicted of Killing Girlfriend in London After She Asked Him to Get Tested for STDs
A Chicago man has been convicted of killing a woman with whom he was in a "casual relationship" with in the U.K. after she asked him to…
Business
MPACT subsidiary sells Festival Walk Tower for close to HK$2 billion
The manager of Mapletree Pan Asia Commercial Trust (MPACT) announced on Wednesday (Dec 10) that its subsidiary – Festival Walk – will sell…
Business
MPACT sells Festival Walk Tower for close to HK$2 billion
The manager of Mapletree Pan Asia Commercial Trust (MPACT) announced on Wednesday (Dec 10) that its subsidiary Festival Walk Ltd will sell…
Business
IMF wades into debate over yuan, warns on risk of trade tensions
It’s lending its voice to a debate over distortions caused by a weaker exchange rate The International Monetary Fund linked China’s…
Business
HSBC’s senior bankers hid behind co-head roles, CEO Georges Elhedery says
Since taking charge, he has nearly halved the size of the bank’s operating committee HSBC’s chief executive officer Georges Elhedery said…
News
Singapore: 49-Year-Old Motorcyclist Rushed to Hospital After Multi-Vehicle Crash on PIE
A 49-year-old male motorcyclist was rushed to hospital following a multi-vehicle accident on the PIE on Monday, December 8. The police and…
Business
Airbus CEO concedes likely defeat to Boeing in order race this year
The planemaker remains ahead of its US rival in deliveries and the pipeline of outstanding orders Airbus CEO Guillaume Faury conceded…
Business
3 Keppel subsidiaries put up for voluntary liquidation
The wholly owned units are Keppel Enterprise FinHub, Keppel Enterprise Services, and Keppel People Services Asset manager Keppel said on…
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Singapore: Two People Hospitalized After Three-Vehicle Collision on CTE; Driver Arrested for Drink Driving
A 44-year-old man has been arrested for drink driving following a pre-dawn accident involving two cars and a taxi on the Central…
Business
SGX’s November securities turnover value up 18%, driven by index stocks and Reits
The trading value and volume of securities on the Singapore Exchange (SGX) rose in November, driven by interest in index stocks and real…
News
Singapore: 47-Year-Old Man Arrested for Suspected Housebreaking, Theft at Circuit Road Flat
A 47-year-old man was arrested for his suspected involvement in a housebreaking and theft case at a residential unit along Circuit Road.…
News
Air India admits compliance culture needs overhaul after flying Airbus without permit
The report is a stark admission from the airline whose Boeing Dreamliner crash in June killed 260 people An Air India investigation into…
Business
Coupang CEO resigns over historic South Korean data breach
Coupang chief executive officer Park Dae-jun resigned over his failure to prevent South Korea’s largest-ever data breach, which set off a…
Business
Singapore stocks inch down ahead of Fed policy decision
Singapore stocks ended lower on Wednesday (Dec 10), ahead of a policy decision by the US Federal Reserve. The benchmark Straits Times…
Business
Singapore stocks close flat ahead of Fed interest rate decision
Singapore stocks ended lower on Wednesday (Dec 10), ahead of a policy decision by the US Federal Reserve. The benchmark Straits Times…
News
Singapore: 49-Year-Old Man Arrested for Suspected Loan Shark Harassment in Jurong West
A 49-year-old man was arrested for his suspected involvement in a case of loan shark harassment, following an incident reported at a…
Business
12,000 Marriott suppliers in Singapore, Malaysia, Indonesia to get same-day invoice financing by OCBC
The partnership gives the hospitality group’s SME suppliers quick and seamless access to capital, and enables them to be more sustainable…
News
Singapore: 14 Charged in Scheme to Illegally Change Residential Addresses and Access Singpass Accounts
Ten men aged between 17 and 32 were charged on Tuesday, December 9, for their suspected involvement in a coordinated effort to illicitly…