Business
MAS orders unlicensed crypto exchanges to weigh exit
A final warning from the Monetary Authority of Singapore (MAS) has prompted major crypto exchanges operating in the country without a…
Section
Business
Business
MAS order prompts unlicensed crypto exchanges to plan exit
A final warning from the Monetary Authority of Singapore (MAS) has prompted major crypto exchanges operating in the country without a…
Business
Singapore needs to embrace Bitcoin to maintain status as financial hub: Jeremy Tan
Singapore needs to welcome Bitcoin-related businesses to maintain its status as a global financial hub, said retired businessman Jeremy…
Business
Tencent said to study deal for US$15 billion game developer Nexon
Tencent Holdings is studying a potential deal for Nexon, as the Chinese Internet giant looks for ways to bolster its lucrative gaming…
Business
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people…
Business
SGX securities turnover rises 1% in May, volume down 18%
The total securities market turnover value on the Singapore Exchange (SGX) edged up 1 per cent year on year to S$26.9 billion, supported…
Business
China stocks soar on AI, US-China trade hopes. Who are the country’s ‘Terrific Ten’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Business
China stocks soar on AI, trade hopes. Who are the country’s ‘Terrific Ten’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Business
China stocks soar on AI, trade hopes. Which are the country’s ‘Terrific Ten’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Business
China stocks soar on AI, trade hopes. Which are the country’s ‘Terrific 10’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Business
Sembcorp’s renewables unit wins 50MW round-the-clock power project from Indian public sector company
Sembcorp Industries on Thursday (Jun 12) announced that its wholly owned renewables subsidiary Sembcorp Green Infra was awarded a 50…
Business
Airbus revises up 20-year jet demand forecast despite trade tensions
Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport…
Business
Ananda Lewis: Former MTV VJ Dies Aged 52 after Battling Stage Four Breast Cancer after Refusing Double Mastectomy
Ananda Lewis, a former MTV VJ and talk show host, has died at the age of 52 following a long fight with breast cancer. The heartbreaking…
Business
Grab prices and increases convertible notes offering to US$1.5 billion
The proceeds will be used for general corporate purchases, a concurrent repurchase of shares and possible acquisitions Grab announced on…
Business
Apac data centre boom straining power grids; reliability key to site selection: report
Surging demand in the Asia-Pacific (Apac) for data centres and other energy-intensive sectors is starting to weigh on power systems across…
Business
Apac’s data centre boom threatens to strain power grids, reliability at risk: report
Asia Pacific’s (Apac) soaring demand for data centres and other energy-intensive sectors is starting to weigh on power systems across the…
Business
China likely to ditch low-grade coal from Indonesia due to glut
CHINA is likely to cut imports of the lowest grades of coal as a glut of the fuel makes the trade uneconomic and the government tightens…
Business
Meta taps top researchers from Google, Sesame for new AI lab
META Platforms has poached top engineers from multiple tech firms, including Alphabet Inc.’s Google, for a new team focused on achieving a…
Business
CapitaLand China Trust to raise 748 million yuan via divestment for C-Reit listing
CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the…
Business
CapitaLand China Trust to divest retail property for 748 million yuan
CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the…
Business
Gold prices climb as Middle East tensions rise, US inflation eases
GOLD prices rose on Thursday, as rising Middle East tensions boosted demand for safe-haven assets, while softer-than-expected US inflation…
Business
Stocks to watch: CapitaLand Investment, TalkMed, Aspen
The following companies saw new developments that may affect trading of their securities on Thursday (Jun 12). CapitaLand Investment…
Business
Toyota chairman to face scrutiny over US$33 billion deal at shareholder meeting
Toyota Motor Chairman Akio Toyoda is likely to face scrutiny over a US$33 billion take-private deal of a key supplier when shareholders…
Business
Toyota chairman re-elected against backdrop of US$33 billion buyout bid
Toyota Motor shareholders re-elected Akio Toyoda as chairman on Thursday (Jun 12), highlighting support among mom-and-pop investors even…