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Maersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels Danish…
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Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Group is set to release its financial results for the first half-year on or about Feb 12 Lum Chang Holdings (LCH) announced in a Thursday…
Business
Keppel bags 720 MW power bank for AI data-centre campus near Melbourne
The group is in ‘active discussions with hyperscalers and neoclouds’ on the site’s future capacity Asset manager Keppel on Thursday (Jan…
Business
UBS CEO Ermotti underlines his desire for internal successor
The bank is currently putting together the right candidates for the new leadership, he says UBS CEO Sergio Ermotti hopes his successor…
Business
Australia social media ban hits 4.7 million teen accounts in first month
Social media companies have collectively deactivated nearly five million accounts belonging to Australian teenagers just a month after a…
Business
Samuel Ross Rides on Fashion-tech Boom, Joins Whoop as Investor and Global Creative Director
LONDON — Fashion designer Samuel Ross has joined the Boston-based wearable devices maker Whoop as an investor, as well as its global…
Business
ASML tops US$500 billion market cap as TSMC plans to spend more
ASML, the world’s biggest maker of equipment used to manufacture computer chips, crossed US$500 billion in market value for the first time…
Business
A family feud could tear apart one Singapore-listed company’s 108% gain of last year
Investors should press for answers as a corporate governance nightmare unfolds at Nam Lee Pressed Metal Industries The Chinese New Year…
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This stock more than doubled in 2025. Now a family feud may unravel all of Nam Lee’s gains
Investors should press for answers as a corporate governance nightmare unfolds at the company The Chinese New Year celebrations next month…
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Florida Teen Dies, Another Injured After Getting Trapped in Sand Hole at Inverness Park
Two Florida teenagers have died after the pair became trapped in a sand hole at an Inverness park, according to authorities. The two…
Business
SIA Group’s passenger traffic up 1.9% in December
The group’s two carriers carry around 3.8 million passengers in the period – a new monthly record Singapore Airlines (SIA) Group on…
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GIC, EQT weigh joint bid for Volkswagen’s 6-billion euro Everllence unit: sources
A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations A majority stake in…
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German Man Mauled to Death by His Own American Bulldog While on a Walk
A man has been found mauled to death by his own dog while on a walk. According to police, a 33-year-old man was discovered lifeless in a…
Business
Indian startup Varaha inks deal with Microsoft to remove 2 million tonnes of carbon dioxide
Move puts a spotlight on smallholder companies and their capability to deliver on carbon removal, says CEO of Varaha Indian startup Varaha…
Business
Singapore stocks end higher on Thursday despite S-Reit stumble; STI gains 0.4%
However, decliners outnumbered advancers 335 to 277 across the wider market, with 1.4 billion shares worth S$1.5 billion changing hands…
Business
Co-living operator The Assembly Place offers Catalist IPO at S$0.23 a share
Company will have an estimated market capitalisation of about S$88.1 million post-listing Home-grown co-living operator The Assembly Place…
Business
Co-living operator The Assembly Place launches Catalist IPO at S$0.23 a share
The company will have an estimated market capitalisation of about S$88.1 million post-listing Home-grown co-living operator The Assembly…
Business
United Hampshire US Reit acquires Wallingford Fair Shopping Centre for US$21.4 million
The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million The manager of United Hampshire US Real…
Business
United Hampshire US Reit acquires Wallingford Fair Shopping Center for US$21.4 million
The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million The manager of United Hampshire US Real…
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Volvo identifies battery fire risk in EX30 Ultra EVs; owners told to limit charging to 70%
Some 143 owners of the Volvo EX30 Ultra electric car in Singapore are being advised not to charge their vehicles beyond 70 per cent due to…
Business
China’s central bank cuts structural interest rates to boost targeted lending
The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances China’s central bank will lower interest…
Business
Nikkei falls from record as tech shares retreat; Topix rises
Japan’s Nikkei share average fell back from a record high on Thursday (Jan 15), as the yen’s rebound weighed on exporters and a red-hot…
Business
Microsoft in record deal for soil carbon credits as data centres surge
It will buy a record 2.85 million soil carbon credits linked to regenerative agriculture Microsoft has agreed with Indigo Carbon to buy a…
Business
Australian shares end at two-month high as miners ride metals rally
Australian shares closed at an over two-month high on Thursday (Jan 15), driven by broad-based gains, with miners at the helm as investors…