Business
A*Star biotech spin-off Mirxes trims losses to US$28.4 million as top line grows
Higher revenue is driven by increased contributions from its early detection and precision multi-omics segment Local biotech startup…
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Who Was Iryna Zarutska? Ukrainian Woman Who Fled Country to Escape War Stabbed to Death by Homeless Career Criminal in North Carolina
A 23-year-old Ukrainian refugee who had fled her war-ravaged homeland in search of safety in the United States was stabbed to death by a…
Business
Great Eastern sets sights on expanding high net-worth capabilities, doubling new business value
Great Eastern Life – the oldest and longest-established life insurance group in Singapore and Malaysia – has signalled plans to…
Business
Nomura doubles minimum work-from-office requirement in Japan
Nomura Holdings plans to start requiring employees in Japan to spend the equivalent of two days a week in the office – double the current…
Business
China to expand carbon market to major industries by 2027
China will accelerate the expansion of its carbon market to incorporate major industries by 2027, according to guidelines issued by top…
Business
China’s exports of semi-finished steel surge by more than 300%
China has more than quadrupled its exports of steel in semi-finished form so far this year, adding to an unprecedented flood of the metal…
Business
Australia’s RBA signals more rate cuts ahead, pace undecided
Australia’s central bank board judged further policy easing would likely be needed over the coming year when it cut rates this month, and…
Business
Biotech Beauty Company Debut Raises $20 Million
Biotech beauty company Debut has secured $20 million in investment to enhance its AI-driven ingredient discovery platform and expand its…
Business
Danantara seeking 50 trillion rupiah in bonds from ‘patriot’ investors
The fund has collected an estimated US$7 billion in dividends from state-owned enterprises that have been shifted under its supervision…
Business
Trump Fires Federal Reserve Governor Lisa Cook Over Allegations of Mortgage Fraud Amid Ongoing Feud with Central Bank
President Trump fired Federal Reserve Governor Lisa Cook on Monday following accusations of mortgage fraud. Her firing virtually ensures…
Business
BYD ships first made-in-Thailand EVs to Europe
Just over a year after Chinese auto giant BYD invested nearly half a billion dollars in a new plant in Thailand’s Rayong province, the…
Business
Asia: Stocks down after Trump Fed firing, tariff threats
ASIAN stocks retreated on Tuesday after a series of market-rattling announcements by US President Donald Trump, including the unusual…
Business
Mitsubishi Corp buys strategic stake in Singapore’s Fullerton Health
Japan’s Mitsubishi giant has bought a minority stake in Singapore healthcare solutions provider Fullerton Health. Fullerton’s statement on…
Business
GIC in talks to invest in Goodman’s data centres: report
Singapore’s sovereign wealth fund GIC is considering a proposal to invest in data centre assets owned by Australian property firm Goodman…
Business
Haidilao down most since April after hotpot chain sales decline
Consumers in China are turning frugal as concerns around a slowing economy affect investment and consumption Haidilao International…
Business
Hyundai to lift US investment to US$26 billion after Lee visit
Hyundai Motor Group will increase its investment in the US to US$26 billion to 2028, as it seeks to expand autos, steel and robotics…
Business
Perplexity AI to share search revenue with publishers
PERPLEXITY AI on Monday said it will begin paying out millions of dollars to media outlets as part of a new model for sharing search…
Business
14 Singapore companies in fast-rising sectors are in Forbes Asia ‘100 to Watch’ 2025 list
India-based firms feature 18 times, while Singapore-based ones are tied for second with Japan-based companies Fourteen Singapore companies…
Business
Heir to Malaysian fortune seeks US$200 million for private markets
Rachel Lau plans to take majority stakes of 50% to 80% in international companies and help them with their expansion in South-east Asia…
Business
AirTrunk seals A$16 billion refinancing, plans fresh sales to fuel expansion
AirTrunk has closed an A$16 billion (S$13.3 billion) refinancing, the largest sustainability-linked financing ever in Asia-Pacific and…
Business
Frasers Property unit to buy rest of Yishun 10 mall from Frasers Centrepoint Trust for S$34.5 million
Frasers Property is proposing to buy the remaining properties at Yishun 10 mall it does not yet own from Frasers Centrepoint Trust (FCT).…
Business
Frasers Property unit to buy rest of Yishun 10 complex from Frasers Centrepoint Trust for S$34.5 million
Frasers Property is proposing to buy the remaining properties at Yishun 10 complex that it does not as yet own from Frasers Centrepoint…
Business
Thomson Medical surges 38.8% to 1.5-year high on news JS-SEZ mega project
Thomson Medical shares soared in early trade on Tuesday (Aug 26) after the group unveiled plans for an RM18 billion (S$5.5 billion)…
Business
Peter Lim’s Thomson Medical surges 38.8% to 1.5-year high on news of JS-SEZ mega project
Thomson Medical shares soared in early trade on Tuesday (Aug 26) after the group unveiled plans for an RM18 billion (S$5.5 billion)…