Business
UOL, SingLand and CapitaLand complete S$810 million Thomson View en bloc deal
The residents stand to receive between S$2.2 million and S$4.9 million each, depending on the size of their unit The S$810 million sale of…
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Business
Asia’s carbon market struggles with fragmentation, lack of integrity: panel
Varied capabilities of participating companies, diversity of region said to make standardisation challenging Efforts to standardise the…
Business
Warren Buffett’s Berkshire Hathaway to buy Occidental’s chemical unit for US$9.7 billion
OxyChem is set to be Berkshire’s largest acquisition since it took over the insurer Alleghany in 2022 Warren Buffett’s Berkshire Hathaway…
Business
Musk becomes first person to hit US$500 billion net worth, Forbes list shows
Elon Musk on Wednesday (Oct 1) became the first person to surpass US$500 billion in net worth, powered by a rebound in Tesla’s share price…
Business
SIT and Nvidia to jointly train 200 AI specialists over three years
The collaboration aims to bridge the talent gap between artificial intelligence research and enterprise application A new training…
Business
Microsoft bets US$33 billion on neoclouds like Nebius to ease AI crunch: sources
Microsoft’s deal with neocloud company Nebius Group will provide computing power to internal teams creating large language models and a…
Business
Ziplines, DJs and Trump: Singapore’s crypto conference has attendees roaring
From making predictions about a multi-trillion stablecoin market to praising US President Donald Trump for his support of the crypto…
Business
The stars are aligning for Lendlease Reit to transform into a pure-play retail landlord
The potential sale of the trust’s Sky Complex office property and acquisition of PLQ Mall should excite unitholders Lendlease Global…
Business
Asia’s public markets must maintain performance and growth to drive inflows, GIC, Danantara executives say
Improving corporate governance help markets perform and allow for exits, so private equity performance can follow Strong public markets in…
Business
Underpinned by rate-cut optimism, STI, DBS break records
Benchmark index closes up 1.7% at 4,395.21 points; lender advances 2.4% to S$52.84 The blue-chip gauge of the Republic, the Straits Times…
Business
Barclays hires 3 private bankers from JP Morgan, LGT, Deutsche Bank for Singapore
British lender also relocates senior banker from London as it expands coverage across Asia Barclays Private Bank in Singapore has hired…
Business
South Korea’s property market rally clouds case for central bank rate cut
South Korea’s property market extended its rally to a 35th week, with price gains accelerating despite government measures to cool demand…
Business
New clients will drive ESG revival: UBS wealth executive
A new wave of investors and private banking clients are increasingly demanding sustainable solutions for their portfolios, according to a…
Business
‘Not goodbye but see you soon’: Gong Cha to relaunch in Singapore in 2026, says global CEO
Bubble tea brand Gong Cha will be relaunching in Singapore in 2026 with new franchisees, its global chief executive said on Thursday (Oct…
Business
Dealmakers see Apac getting back on track after big M&A misses
Multinationals are reviewing their global assets; private equity firms pressured to return money to investors Rainmakers in Asia-Pacific…
Business
Asia: Markets surge on US rate hopes, tech fired by chip deal
Tech companies have been at the forefront of a surge across markets this year as investors pile into all things linked to artificial…
Business
Renault weighs making cars with China’s Chery in South America
Renault and China’s Chery Automobile are in talks to partner on carmaking and sales in South America as both manufacturers pursue growth…
Business
Indonesia’s central bank faces growing threats to independence
As governments look to raise spending and borrow more, investors have reacted by selling longer-dated bonds in US, Europe and Japan…
Business
Apple shelves Vision headset revamp to prioritise Meta-like AI glasses
Apple has hit pause on a planned overhaul to its Vision Pro headset to redirect resources towards a more urgent effort: developing smart…
Business
Cordlife tumbles 18% following notice of potential one-year suspension
The group says it is assessing the risks and uncertainties which could affect its ability to continue as a going concern Shares of…
Business
Nio’s deliveries rise 64.1% to 34,749 in September, led by mass-market Onvo brand
Chinese electric vehicle (EV) maker Nio delivered 34,749 vehicles in September, its delivery update released on Wednesday (Oct 1)…
Business
Samsung, SK Hynix shares climb after chips deal with OpenAI
As part of the agreement, the partners will help Seoul develop a domestic AI ecosystem, something many governments are exploring to try…
Business
Cordlife weighs ability to continue as a going concern as potential one-year suspension looms
If the halt takes effect, the cord-blood bank will continue to incur fixed fees and other operating expenses while business activities…
Business
S-Reits: Analysts are positive on prospect of more rate cuts, giving top picks
Expected US rate cuts of 125 basis points from September 2025 to March 2026 ‘augur well’ for S-Reits, says Citi Further US Fed interest…