Business
SIA Group passenger traffic up 5.3% in October
Passenger traffic for Singapore Airlines (SIA) and Scoot rose 5.3 per cent year on year in October. The increase in the two airlines’…
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Business
ATFX Group Strengthens Institutional and Retail Presence with Global Recognition
ATFX Group, a global fintech leader, has firmly established itself as a robust partner for both financial service providers and individual…
Business
Toyota's buyout of group firm faces new obstacle after Elliott takes stake
Elliott said the proposed deal undervalued the company, lacked transparency and fell short of proper governance practices Toyota Motor’s…
Business
Duty Free International appoints new group CEO and COO, forms executive committee
The committee will oversee and ensure the effective and efficient implementation of all strategic decisions issued by the board to…
Business
OCBC appoints Melvyn Low as group chief strategy and transformation officer
The industry veteran has held senior positions in cash management, trade and securities services at various regional and global banks OCBC…
Business
Hyundai Motor Group signs MOU with EDB to advance low-carbon, hydrogen technologies
The group is currently exploring various potential collaborations with Singapore-based companies and start-ups Hyundai Motor Group (HMG)…
Business
Universal Music Group settles with AI music startup Udio
Universal Music Group said Wednesday it has reached licensing agreements with artificial intelligence music startup Udio, settling a…
News
27 Singaporeans, 7 Malaysians Linked to Organized Crime Group Running Scam Operations in Cambodia
A joint operation between the Singapore Police Force (SPF) and the Cambodian National Police (CNP) has uncovered a large-scale organized…
Unsorted
Rebel group claims capture of Sudan army headquarters in key city
The Sudanese paramilitary Rapid Support Forces (RSF) says it has captured the army headquarters in the besieged city of el-Fasher, marking…
News
Turkey to send Syria weapons in exchange for greater reach against Kurdish group
Syria has reportedly elected to only use the equipment on its northern border, to avoid further stoking the already tense relations with…
Business
HSBC not exposed to the collapse of scandal-hit First Brands Group
HSBC Holdings is not exposed to the collapse of scandal-hit auto-parts supplier First Brands Group, whose bankruptcy has left some of the…
Business
Investors call for greater disclosure in Toyota’s buyout of group company
Global investors have called on Toyota Motor to provide more disclosure about its planned buyout of group firm Toyota Industries,…
Business
Stocks to watch: SIA Group, Jardine C&C, Aztech Global, Q&M Dental, Food Innovators
The following companies saw new developments that may affect trading of their securities on Thursday (Oct 16): SIA Group: Passenger…
Business
Q&M proposes to buy interest in dental group in Thailand
Purchase consideration will be satisfied by a combination of cash and new ordinary shares Q&M Dental Group is proposing to acquire equity…
Business
BlackRock, Nvidia-backed group strikes US$40 billion data centre deal to fuel AI boom
The acquisition follows a slew of mega-deals focused on securing coveted compute capacity An investment consortium that includes…
Business
BlackRock, Nvidia-backed group including Temasek strikes US$40 billion data centre deal to fuel AI boom
The deal underscores the rush to build costly infrastructure essential for powering advanced AI models An investor group, including…
Business
Temasek, Nvidia, Blackrock part of group striking US$40 billion data centre deal to fuel AI boom
The deal underscores the rush to build costly infrastructure essential for powering advanced AI models An investor group including…
News
Israel-Hamas War Ends: Militant Group Leader Confirms Ceasefire Has Been Reached after Trump Brokered Historic Peace Deal
The head of Hamas announced on Thursday that the war in Gaza was over and pledged a lasting ceasefire, just hours after Donald Trump…
Business
FairPrice Group to be first to use autonomous vehicles in public for supply chain operations
The group says it will now be able to automate “important but routine tasks” such as the transportation of goods FairPrice Group (FPG) on…
News
Woman charged with supporting banned terror group
Counter terrorism detectives have charged a 62-year-old woman with offences relating to the support of Hamas, an armed Palestinian group…
Business
Aeffe Shares Plunge 43% as Group Seeks Financial Restructuring
MILAN – Aeffe shares plunged 43.34 percent to close at 0.25 euros on the Italian Stock Exchange on Friday. This followed Aeffe’s decision…
Business
Stocks to watch: UOL, Singapore Land Group, First Resources
The following companies saw new developments that may affect trading of their securities on Friday (Oct 3): UOL, Singapore Land Group: The…
Business
German auto supplier ZF Group to cut 7,600 jobs in powertrain unit by 2030
The move is part of a broader plan announced by the company last year to eliminate up to 14,000 positions ZF Friedrichshafen will cut…
Business
Tata Group loses US$73 billion in market value as risks grow
India’s Tata Group has lost about US$73 billion in market value this year, with a significant chunk of the erosion coming in recent weeks…