Business
Coats Group to Buy OrthoLite for $770 Million
Coats Group plc wants to expand its positioning as a supplier in components. The British multinational company inked a deal to acquire…
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Business
mm2 Asia seeks to delay S$54 million bond repayment by six years
Embattled entertainment group mm2 Asia has proposed to amend a S$54 million-bond deal that was set for redemption in December. In a…
Business
FLCT to divest commercial building in Australia for A$192.1 million, exiting Melbourne CBD office market
Frasers Logistics & Commercial Trust (FLCT) will divest an office building in Melbourne’s Central Business District (CDB) for A$192.1…
Business
Cathay Cineplexes gets fresh payment demands of over S$3.3 million for Century Square, Causeway Point outlets
Embattled cinema chain Cathay Cineplexes has received more repayment demands of over S$3.3 million in rent arrears and other amounts, owed…
Business
Cathay Cineplexes gets fresh demands to pay up S$3.3 million debt for Century Square, Causeway Point outlets
Embattled cinema chain Cathay Cineplexes has received more repayment demands – this time, a sum exceeding S$3.3 million in rental arrears…
Business
UK fines Barclays US$56 million for lapses in financial crime control
It failed to evaluate money laundering risks while providing services to its clients Stunt & Co and WealthTek Britain’s financial…
News
Who Was Robin Kaye? 'American Idol' Executive and Her Husband Found Shot Dead Inside Their $5 Million LA Mansion as Cops Hunt for Suspect
An "American Idol" executive and her husband were found dead in their $5 million mansion in Los Angeles. Robin Kaye, an award-winning…
Business
UOL prices S$225 million notes due 2032 at 2.78%
This comes after the property developer previously priced S$75 million notes at the same rate on Jul 9 UOL’s unit UOL Treasury Services…
Business
BRC Asia secures contracts for Changi Airport Terminal 5 project worth S$570 million
This brings company’s total outstanding sales order book to S$2 billion as at Jul 14 BRC Asia has secured around S$570 million worth of…
Unsorted
What Is the 'Blood Covenant' Group and Why Is It Giving $40 Million To Kill Trump?
A shocking online funding campaign has come to light, where a group named Blood Covenant is offering anyone who will kill US President…
Business
Jane Street deposits US$567 million so it can resume India trading
The company has told its staff it plans to contest Sebi’s allegations and that the practices in question were “basic index arbitrage…
Fashion
How Jane Birkin Helped Design Hermès’ Most Popular Handbag: Her Inspiration, Royalties and the $10 Million Bag
Jane Birkin‘s original Hermès Birkin sold for $10.1 million at Sotheby’s in Paris on Thursday, breaking the previous bidding record by…
Business
Sats CEO Kerry Mok earns S$3.1 million in remuneration in FY2025, increase of over 30%
Kerry Mok, chief executive officer (CEO) of inflight caterer and ground-handling company Sats, earned over S$3.1 million in total…
Business
Sats CEO Kerry Mok sees pay hike of 30.5% to S$3.1 million
Kerry Mok, chief executive officer of inflight caterer and ground-handling company Sats, earned over S$3.1 million in total remuneration…
Business
Sats CEO Kerry Mok’s pay rises 30.5% to S$3.1 million
Kerry Mok, chief executive officer of inflight caterer and ground-handling company Sats, earned over S$3.1 million in total remuneration…
Business
Singapore tycoon Sam Goi makes S$123.5 million offer to buy rest of PSC
Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 a piece.…
Business
Meta poached Apple’s AI engineer Pang with pay package over US$200 million: sources
Meta Platforms has made unusually high compensation offers to new members of its “superintelligence” team – including a more than US$200…
Business
eSIM platform Airalo raises US$220 million in new funding round, lifts valuation past US$1 billion
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC eSIM platform Airalo has raised US$220…
Business
Singtel’s NCS to invest S$130 million to scale AI adoption in Apac
Singtel’s technology services arm, NCS, will invest S$130 million over the next three years to further its artificial intelligence (AI)…
Business
Affluent Singapore respondents say they need US$1.39 million to retire comfortably: HSBC survey
Affluent investors based in Singapore said they will need US$1.39 million on average to retire comfortably – well above the global average…
Business
Food Empire to invest US$37 million to expand soluble coffee manufacturing facility in India
Food and beverage company Food Empire intends to invest US$37 million to expand the capacity of its spray-dried soluble coffee…
Business
Food Empire to invest US$37 million to expand India coffee facility, eyes Asia for growth
Food and beverage company Food Empire intends to invest US$37 million to expand the capacity of its spray-dried soluble coffee…
Business
UOL unit prices S$75 million fixed rate notes at 2.78%
They will be issued as the second tranche of the fifth series of a S$2 billion multicurrency medium-term note programme Property player…
Business
Microsoft touts US$500 million AI savings while slashing jobs
Microsoft is keen to show employees how much artificial intelligence (AI) is transforming its own workplace, even as the company…