Business
Google hit with US$314 million US verdict in cellular data class action
A JURY in San Jose, California, said on Tuesday that Google misused customers’ cell phone data and must pay more than US$314.6 million to…
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Business
NTT seeks up to US$864 million in data centre Reit's Singapore IPO
[SYDNEY/SINGAPORE] Japanese telecom giant NTT is seeking to raise roughly US$864 million in a Singapore IPO for a data centre Reit if an…
Business
Singtel CEO’s remuneration rises 16.8% to S$8.2 million in FY2025 as group eyes growth amid trade tensions
Singtel’s leadership struck a cautiously optimistic tone on its near to medium-term outlook, even as group chief executive officer Yuen…
Business
Singtel CEO Yuen Kuan Moon’s pay up 16.8% to S$8.2 million; S$2.8 billion cash holdings to help group navigate challenges
Singtel’s leadership struck a cautiously optimistic tone on its near to medium-term outlook, even as group chief executive officer Yuen…
Business
IHH Healthcare unveils S$5 million programme to fund healthcare research and pilot projects
Integrated healthcare provider IHH Healthcare on Friday (Jun 27) announced the launch of a S$5 million programme to fund clinical research…
Business
AEM raises H1 FY2025 revenue guidance to up to S$195 million on pull-in of customer orders
It will provide guidance for the second half of the year when it reports its earnings on Aug 13 Semiconductor test solutions provider AEM…
Business
Top Glove Q3 profit slides 31% to RM34.7 million despite higher revenue
Malaysian glove maker Top Glove on Thursday (Jun 26) posted a net profit of RM34.7 million (S$10.5 million) for its third quarter ended…
Business
Civmec to acquire ship manufacturer Luerssen Australia for A$20 million
The aim of the deal is to solidify Australia’s sovereign shipbuilding capability Australian construction engineering company Civmec will…
Business
Civmec set to acquire ship manufacturer Luerssen Australia for A$20 million
Construction and engineering services provider Civmec will purchase Luerssen Australia from Naval Vessels Lurssen (NVL) Australia for A$20…
Business
CapitaLand India Trust prices S$100 million perpetual securities at 4.4%
The issuance is part of Clint’s S$1.5 billion multicurrency debt issuance programme CapitaLand India Trust (Clint) has priced S$100…
Business
Singapore Airlines CEO’s latest annual pay drops 14% to S$7 million despite record performance
Singapore Airlines (SIA) paid its chief executive Goh Choon Phong S$7 million in remuneration for the latest financial year ended March…
Business
Australia’s Star casino shareholders approve A$300 million rescue package
Star Entertainment Group’s shareholders approved on Wednesday (Jun 25) an A$300 million (S$250 million) rescue package that will allow the…
Business
ST Engineering divests entire equity interest in US-based construction manufacturer LeeBoy for US$290 million
Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST…
Business
ST Engineering divests entire equity interest in US-based construction player LeeBoy for US$290 million
Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST…
Business
Sembcorp unit prices S$300 million fixed rate notes at 3.55%
The offering is close to seven times oversubscribed against the target issuance size Sembcorp Financial Services (SFS), a wholly owned…
Business
Frasers Centrepoint Trust prices S$200 million perpetual securities at 3.98%
Frasers Centrepoint Trust’s (FCT) trustee HSBC Institutional Trust Services has priced S$200 million subordinated perpetual securities at…
Business
Indonesia’s sovereign wealth funds Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…
Business
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…
Business
Toyota crashes Indonesia’s used-car party with US$120 million bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for…
Business
Jensen Huang starts selling Nvidia stock under US$865 million plan
IA Corp chief executive officer Jensen Huang has started selling the chipmaker’s stock, his first transactions under a plan that allows…
Business
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
They will be 225 hectares in total size located in Ireland, Spain, Italy, and Denmark Stoneweg European Business Trust announced on…
Business
Wing Tai Properties sells entire equity interest in Topworth Enterprises for £43 million
The group will record a gain of approximately HK$31 million (S$5.1 million) from the disposal Wing Tai Properties announced on Monday (Jun…
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Walmart to pay US$10 million to settle US FTC lawsuit over money transfer fraud
Walmart has agreed to pay US$10 million to settle a US Federal Trade Commission (FTC) civil lawsuit accusing the world’s largest retailer…
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Who Was Sara Burack? Prominent Real Estate Agent Who Was Featured on Netflix's 'Million Dollar Beach House' Killed in Hit-and-Run in Hamptons
A prominent real estate agent, who specialized in luxury properties and appeared on the popular Netflix series "Million Dollar Beach…