Business
Phillip Securities initiates coverage on dividend-focused Reit ETF trading at ‘attractive’ valuation
Phillip Securities Research has initiated coverage on the Phillip SGX APAC Dividend Leaders REIT ETF (Pareits) with an “accumulate” call…
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Business
Sony says spinoff will give financial arm its own fundraising capabilities
It is the first partial spinoff by a company in Japan with a direct listing – the first in Japan in more than two decades – set for Sep 29…
Business
Loro Piana Record Bale Award Celebrates Superior Quality and Community
MILAN — Anyone suggesting that Loro Piana’s ability to source some of the finest and most luxurious fibers across the world is just the…
Business
Nikkei ends at two-week high on US tariff relief, chip rally
Japan’s Nikkei ended trade on Thursday (May 29) at the highest point in more than two weeks after a US court blocked President Donald…
Business
What are private markets, and what risks should investors take note of?
Private markets have grown increasingly popular in recent times in South-east Asia, with Singapore accounting for 45 per cent of the…
Business
As listcos head for the door, are private markets the answer for investors?
Private markets have grown increasingly popular in recent times in South-east Asia, with Singapore accounting for 45 per cent of the…
Business
NIE, Amazon Web Services set up AI-focused innovation hub for edtech research
The National Institute of Education (NIE) and Amazon Web Services (AWS) on Thursday (May 29) announced the launch of the Technology for…
Business
Foxconn to soon announce second Japanese auto partner, chairman says
The Apple supplier’s interest in working with Japanese car makers comes as they face growing competition from Chinese brands Taiwan’s…
Business
Aramco CEO will keep borrowing even as oil slump cuts cashflow
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser…
Business
Aramco will keep borrowing, CEO says, as oil slump cuts cashflow
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser…
Culture
How Actress Samantha Williams Harnesses the Headstrong Heroine In Tony-nominated ‘Pirates! The Penzance Musical’
“I’m just happy that our work is being recognized. [It’s] super crazy,” says actress Samantha Williams on a Zoom call, just hours after…
Business
Asia: Equities boosted by US court’s tariff ruling, Nvidia results
Asian stocks rallied with US futures on Thursday after a US court blocked Donald Trump’s sweeping global tariff blitz, dealing a hefty…
Business
Vietnam’s AI ambitions hinge on one US$6.8 billion tech company
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…
Beauty
Dior Beauty Opens New Boutique in Miami
Fresh on the heels of a Southern Calif. flagship opening, Dior Beauty is already looking at a new market for brick-and-mortar. The company…
Business
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…
News
Tel Aviv protesters call for hostage release after 600 days in Gaza
Thousands of Israelis gathered in Tel Aviv on Wednesday to demand an end to the war in Gaza and the release of hostages still held by…
Business
Top Thai wind power firm to fund 65 billion baht of spending with IPO
Thailand’s largest wind power producer plans to spend 65 billion baht (S$2.6 billion) to almost triple its generation capacity over the…
Business
Meta AI bot used a billion times monthly: Mark Zuckerberg
Meta chief Mark Zuckerberg touted the tech firm’s generative artificial intelligence (Gen AI) assistant on Wednesday, telling shareholders…
Business
South Korea central bank cuts rate, slashes 2025 growth forecast
South Korea’s central bank cut interest rates on Thursday in a bid to cushion the export-dependent economy from US President Donald…
Business
Seatrium posts S$21.3 billion Q1 net orders
Seatrium recorded net order book wins amounting to S$21.3 billion as at end-March, comprising 26 projects with delivery dates till 2031.…
Business
CapitaLand Ascendas Reit raises S$500 million from private placement of 202 million shares at S$2.47 each
Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building CapitaLand Ascendas Real Estate Investment…
Business
Salesforce says AI has reduced hiring of engineers and customer service workers
Tech companies are relying on artificial intelligence to help with everything from customer service to software engineering Salesforce…
Business
Hong Kong, Saudi bourses seek deeper ties to spur trading volume
Hong Kong and Saudi Arabia are ramping up efforts to boost trading activity as inflows to their exchange-traded funds (ETFs) wane and…
News
Israel prepares to call up 450,000 soldiers amid mounting toll on reservists and their families
The escalation of Israel’s operations in Gaza has brought new upheaval for reservists and their families, as well as renewed resentment…