Business
Singapore shares rise to new high; STI up 0.3%
Shares on the Singapore bourse closed higher on Wednesday (Jul 16), marking the third straight day the benchmark Straits Times Index (STI)…
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Singapore
Business
Secretive family behind Tetra Pak bets US$9 billion on stocks via Singapore entity
A mysterious entity based in the heart of Singapore’s financial district emerged as the biggest shareholder in International Flavors &…
Business
Secretive family behind Tetra Pak bets bulk of US$9b on stocks via Singapore entities
A mysterious entity based in the heart of Singapore’s financial district emerged as the biggest shareholder in International Flavors &…
Business
Singapore shares rise, tracking regional gains; STI up 0.3%
Straits Times Index rise 10.61 points to 4,119.82, after hitting an intra-day high of 4,129.77 The benchmark Straits Times Index (STI)…
Business
Singapore AUM up 12.2% in 2024, exceeds S$6 trillion for the first time
Total assets under management (AUM) in Singapore rose 12.2 per cent to hit S$6.07 trillion as at Dec 31, 2024, surpassing the S$6 trillion…
Business
RTX launches new Collins Aerospace facility with flexible manufacturing system in Singapore
Defence conglomerate RTX launched its new Collins Aerospace facility at Seletar Aerospace Park in Singapore on Tuesday (Jul 15). This…
Business
Singapore proposes to bar convicted money launderers from directorships
The Ministry of Finance (MOF) and the Accounting and Corporate Regulatory Authority (Acra) plan to bar those who have been convicted for…
Business
Singapore shares hit new high; STI up 0.5%
Across the broader market, advancers beat decliners 315 to 191 after 1.5 billion securities worth S$1.4 billion change hands The benchmark…
Business
Three Singapore gencos to study carbon capture and storage to decarbonise power sector
The studies will allow EMA and the industry to identify infrastructure and site-specific requirements Three power generation companies…
Business
Singapore is most expensive city for HNWIs to live well for third year in a row: report
For the third year in a row, Singapore is ranked as the most expensive city for high-net-worth individuals (HNWIs) to live well, indicated…
Business
NTT DC Reit’s Singapore public offer 9.8 times oversubscribed
It has received applications for 294.8 million units compared to the 30 million available in public tranche of IPO The manager of NTT DC…
News
Two Men Arrested for Alleged Involvement in Unauthorized Credit Card Transaction Cases in Singapore
Two men, aged 27 and 32, were arrested on Thursday, July 10, for their suspected involvement in a series of unauthorized credit card…
Business
Singapore stocks notch 5-day rally ahead of GDP data
The local bourse extended its winning streak to end the week on a high note as investment sentiments have been undisturbed by tariff news,…
Business
FedEx partners Singapore startup QuikBot to deploy robot deliveries in commercial areas
Courier and logistics giant FedEx has partnered homegrown startup QuikBot Technologies to deploy autonomous delivery robots to commercial…
Business
FedEx partners Singapore startup QuikBot to deploy robots for deliveries in commercial areas
Courier and logistics giant FedEx has partnered home-grown startup QuikBot Technologies to deploy autonomous delivery robots to commercial…
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
Cordlife offers enhanced support to clients affected by damaged tanks in Singapore
Private cord-blood bank Cordlife will offer enhanced support to its customers who were affected by the November 2023 discovery of its…
News
Singapore: 27-Year-Old Man Faces Charges for Alleged Involvement in Money Mule Scheme
A 27-year-old man was arrested by the Singapore Police for his suspected involvement in money mule activities. The Singapore Police Force…
News
22-Year-Old Man Nabbed for Motor Vehicle Theft in Singapore
A 22-year-old man was arrested on Wednesday, July 9, for his suspected involvement in a case of theft of motor vehicle. The Singapore…
Unsorted
Aster Chemicals is said in talks to buy Exxon Singapore stations: sources
The sale would allow the American oil major to deploy more capital in areas of higher growth potential Aster Chemicals and Energy, a joint…
Unsorted
Aster is said in talks to buy Exxon Singapore stations: sources
The sale would allow the American oil major to deploy more capital in areas of higher growth potential — Aster Chemicals and Energy, a…
Unsorted
Glencore JV Aster said to be in talks to buy Exxon Singapore stations: sources
The sale would allow the American oil major to deploy more capital in areas of higher growth potential — Aster Chemicals and Energy, a…
Business
Glencore JV in talks to buy Exxon's 59 Singapore petrol stations worth US$1 billion
The sale would allow the American oil major to deploy more capital in areas of higher growth potential — Aster Chemicals and Energy, a…
Business
DBS downgrades Genting Singapore shares, lowers target price, on tariffs dampening outlook
DBS on Thursday (Jul 10) downgraded shares of Genting Singapore to a hold rating, and also lowered its target price. This is as…