Business
Temasek-backed US fintech firm iCapital to expand Singapore, Hong Kong operations
It also plans to open its first office in Australia to ride the wave of rising demand for alternative assets iCapital, a Temasek-backed…
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Firm
Business
Global EV sales hit record 2.1 million in September: research firm
GLOBAL sales of fully electric and plug-in hybrid vehicles rose 26 per cent in September from a year ago to a record 2.1 million units,…
Unsorted
Soo Kee Jewellery Staff Cheated Firm of Nearly $300,000 over Six Years Using Fake Invoices
An employee of Soo Kee Jewellery cheated the company of almost $300,000 over six years, using over 200 forged invoices and making…
Business
Megaspeed, Singapore firm at centre of US chip probe, goes dark
The streets outside the Central Business District were bustling with the lunchtime crowd. But on the seventh floor of Ocean Financial…
Business
Megaspeed, Singapore firm at centre of US Nvidia chip probe, goes dark
The streets outside the Central Business District were bustling with the lunchtime crowd. But on the seventh floor of Ocean Financial…
Business
GIC, Carlyle-backed chemicals firm Nouryon shelves US$5.8 billion loan amid investor unease
Moody’s cuts Nouryon’s Q4 estimates amid macro uncertainty and weak demand in construction markets Speciality chemicals producer Nouryon…
Business
Gold poised for eighth weekly rise on firm safe-haven demand
The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year Gold…
Business
Chinese 450 billion yuan optics firm Innolight weighs Hong Kong listing: sources
Zhongji Innolight, a Chinese maker of optical communication modules and devices, is considering a listing in Hong Kong, according to…
Business
Ikea buys US logistics tech firm Locus in online growth push
[LONDON/STOCKHOLM] Ikea has acquired US logistics technology firm Locus, the two companies said on Tuesday (Oct 7), a deal the Swedish…
Business
AEM denies allegations of patent infringement from US semiconductor test equipment firm
The company says the patents relate to a specific wafer level test system that it does not practice US semiconductor test equipment…
Business
AEM denies allegations of patent infringement from US semiconductor firm; shares dive 9.3%
The company says the patents relate to a specific wafer level test system that it does not practice US semiconductor test equipment…
Business
AEM denies allegations of patent infringement from US semiconductor firm; shares close 8.8% lower
Separately, DBS Group Research has raised its target price for AEM, citing its tech edge and the semiconductor sector’s growth trajectory…
Business
Global investment firm Arena Investors to shut Singapore office
Global multi-strategy investment firm Arena Investors is shutting its Singapore office and seeking to reallocate resources elsewhere,…
Business
China approves Japan's Mizuho to set up securities firm in Beijing
Mizuho joins a growing list of global financial institutions allowed to wholly own securities branches in China China’s securities…
Business
World’s biggest jeweller Pandora picks first woman to lead the firm
Pandora, which sells more pieces of jewellery than any other company in the world, picked its first woman as top leader, an adjustment to…
News
Singtel’s Optus appoints consulting firm Kearney to ‘begin immediate oversight' following outages
The company pledges to cooperate fully and transparently with the Australian media authority’s probe into the issue Optus reaffirms its…
Business
Singapore firm rejects US$1 billion Sri Lankan pollution damages
X-Press Feeders has operated the MV X-Press Pearl that sank off Colombo Port in June 2021 after a fire, believed to have been caused by a…
Business
Gold holds firm near record high as markets eye Fed policy signals
Gold held firm near a record high on Monday (Sep 22) as investors awaited US inflation data and a slew of Federal Reserve speakers this…
Business
Global EV sales growth slows to 15% in August, research firm says
GLOBAL sales of fully electric and plug-in hybrid vehicles grew 15 per cent in August from a year ago, marking the slowest rate since…
Lifestyle
EXCLUSIVE: French Interior Design Firm Liaigre’s First Branded Residences Will Open With Capella Hotels and Resorts in Florence
MILAN — Liaigre’s timeless elegance has enhanced the allure of landmark hospitality projects around the world: The Mercer hotel in New…
Business
US: Wall St opens higher after inflation data keeps rate cut bets firm
Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on…
Business
US: Wall St opens higher as Fed rate cut expectations firm
Wall Street’s main indexes opened higher on Monday (Sep 8), rebounding from the previous session’s decline, amid hopes that the Federal…
Unsorted
Warner Bros. Joins Disney, Universal in Copyright Infringement Lawsuit Against AI Firm Midjourney
Warner Bros. Discovery has filed a massive copyright lawsuit against artificial intelligence image creator Midjourney, alleging massive…
Culture
Philippe Starck, Italian Textile Firm Bonotto Honored at Design Oscars at Osaka Expo
MILAN — Robotics that enhance physical well-being by Japanese designer Masami Takahashi and tires made with recycled and bio-based…