Business
Singapore Savings Bond demand falls short by over S$200 million; 10-year return down at 2.69%
The latest tranche offers a first-year interest rate of 2.49%, declining from 2.73% in April’s issuance The latest Singapore Savings Bond…
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Business
Robert Irwin’s Underwear Campaign Earns $8 Million in Media Exposure and Boosts Bonds on TikTok
Robert Irwin, the son of the late Crocodile Hunter Steve Irwin, helped Bonds soar in its U.S. debut. The Australian underwear brand…
Business
Hong Kong bourse operator to shift headquarters in US$812 million deal
Hong Kong’s bourse operator will shift its headquarters, it said on Thursday (Apr 24) and will take over the top nine floors of a building…
Business
Digital Core Reit’s Q1 distributable income rises 9.9% to US$11.7 million
Its revenue is up 79.9% at US$44.2 million; net property income grows 41.8% to US$22.4 million Digital Core Real Estate Investment Trust…
Business
Keppel Reit Q1 distributable income falls 3.5% to S$48.4 million
Keppel Reit reported on Wednesday (Apr 23) that its distributable income from operations fell 3.5 per cent to S$48.4 million on the year…
Business
Jeremy Scott’s Long-distance Design Relationship With Berlin’s $14 Million Theatrical Revue
Most designers would find such a project daunting: To create 500 costumes for a theatrical spectacular that is part-cabaret, part-circus,…
Business
ESR-Reit Q1 NPI up 31.3% at S$82.5 million on acquisitions, asset enhancements
The manager of ESR-Reit on Tuesday (Apr 22) posted a 31.3 per cent rise in net property income (NPI) for the first quarter to S$82.5…
Business
Nickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
Ng Yu Zhi spent S$8 million on a semi-detached house and splurged S$2 million on a total of 41 works of art, allegedly using the…
Business
EXCLUSIVE: Trellis Health Raises $1.8 Million in Pre-seed Round Ahead of Launch
Health care platform Trellis Health has secured a $1.8 million pre-seed round from Palette Ventures, Swizzle Ventures, NextBlue, Suncoast…
Business
AMD says US rule on chips to China could cost it US$800 million
Chip developer Advanced Micro Devices (AMD) on Wednesday (Apr 16) said it expects new US licensing requirements for semiconductors…
Business
Oiltek bags RM61.9 million in new contracts across South-east Asia and other global markets
This brings the group’s current order book to RM402.4 million, which is expected to be fulfilled over the next 18 to 24 months Vegetable…
Business
Sinarmas Land’s H2 net profit drops 5.5% to S$154 million on lower revenue, higher costs
Sinarmas Land reported a 5.5 per cent drop in net profit to S$154 million for the half-year ended Dec 31, 2024, from S$163 million in the…
Business
Women’s health supplement brand Moom Health bags S$3.5 million funding
Investors include Eu Yan Sang founders’ family office and investment firm backed by Wilmar International co-founder and chairman Kuok…
Business
Japan’s E-commerce Group Zozo to Acquire Lyst for $154 Million
LONDON – Lyst, the London-based shopping platform, said Wednesday it has entered into a definitive agreement to be acquired by Zozo, Inc.,…
Business
Japan debt deals worth US$678 million pulled as tariffs roil global markets
Three Japanese companies have postponed the sale of US8.43 million worth of yen-denominated bonds in the wake of global financial market…
Business
Sheng Siong CEO Lim Hock Chee’s compensation for FY2024 jumps 20.6% to S$7.06 million
Supermarket operator Sheng Siong’s chief executive officer Lim Hock Chee received S$7.06 million in total compensation for FY2024, an…
Business
The Hour Glass to acquire newly incorporated SPV for A$90 million
Move is in line with the group’s strategy to continue expanding its presence in the country The Hour Glass’ wholly owned unit in Australia…
Business
Morgan Stanley raising about US$680 million for Japan real estate fund: sources
Morgan Stanley is raising about 100 billion yen (S$910.8 million) for a Japan-focused real estate fund, two people familiar with the…
Business
Far East Orchard acquires Manchester purpose-built student accommodation site for £10.9 million
announced on Wednesday (Apr 3) that it will be acquiring a purpose-built student accommodation (PBSA) site in Manchester, for £10.9…
Business
French Fintech Grace Raises 5.9 Million Euros for Its Luxury Good Theft and Loss Coverage Solution
PARIS — Grace, a French fintech start-up offering coverage solutions for theft or loss of luxury goods, announced Thursday it had raised…
Business
OCBC prices 500 million euro bonds due 2028 at 2.481%
OCBC said on Thursday (Apr 3) that it has priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered…
Business
Singapore's GLP closes first digital infrastructure fund at US$358 million in AUM
Singapore-based GLP has successfully wrapped up its inaugural digital infrastructure-based fund, the GLP China IDC Income Fund I, with…
Business
Iran's Revolutionary Guard Officers Accused Of Stealing $21 Million In Crypto While Investigating A Corruption Case
Senior officers from Iran’s Revolutionary Guard have been accused of pilfering approximately $21 million in cryptocurrency while…
Business
Yangzijiang Financial places S$139.3 million in treasury shares for maritime investments
It says this is in line with its strategy to capitalise on industry tailwinds driven by increasing decarbonisation Yangzijiang Financial…