Business
CapitaLand Ascendas Reit to buy Tai Seng data centre, Science Park building for S$700.2 million
CapitaLand Ascendas Real Estate Investment Trust (Clar) has entered conditional agreements to acquire two prime properties to expand its…
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Business
Business
Australia: Shares at 3-month high ahead of inflation data; RBNZ decision in focus
AUSTRALIAN shares climbed on Wednesday, reaching their highest levels in more than three months, supported by strength in banking and…
Business
Gold stages rebound as US dollar, Treasury yields slip
Gold prices gained on Wednesday (May 28), helped by a slight retreat in the US dollar and lower US bond yields as investors await a US…
Business
Nomura faces rare vote over shareholder’s name-change proposal
Nomura Holdings has received a shareholder proposal that it will put to a vote for the first time in 13 years at a general meeting next…
Business
Stocks to watch: OCBC, Amara, Valuetronics
The following companies saw new developments that may affect trading of their securities on Wednesday (May 28): OCBC: The bank announced…
Business
Valuetronics posts 3.1% higher H2 profit of HK$79.9 million
Electronics manufacturing services provider Valuetronics on Wednesday (May 28) posted net profit of HK$79.9 million (S$13.1 million), up…
Business
Salesforce to buy Informatica for US$8 billion to bolster AI data tools
Salesforce said on Tuesday (May 27) it would buy Informatica for about US$8 billion, betting on the data management platform to sharpen…
Business
GM to invest US$888 million for engine production at New York facility
General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8,…
Business
Toyota sends first half of US$500 million pledge to air taxi maker
Joby says recently it now aims to start commercial services in Dubai by early 2026 after having previously targeted the end of this year…
Business
TSMC to open chip design centre in Munich, could later support AI development
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, said on Tuesday (May 27) it will open a design…
Business
Drawing secondary listings to SGX may not move the needle much, but every little bit helps
AMONG the recent slew of proposals unveiled to boost the attractiveness of the local bourse to investors and companies was one relating to…
Business
Apple to debut dedicated gaming app within days of Switch 2’s arrival
Apple is planning a dedicated app for video games on its devices, seeking to sell gamers and developers on the idea that it’s a leader in…
Business
Oil prices ease as US-Iran talks, Opec+ plans spur supply concerns
Oil prices settled 1 per cent lower on Tuesday as investors worried about a supply glut after Iranian and US delegations made progress in…
Business
US: Stocks jump on easing tariff worries, lower bond yields
Wall Street stocks jumped on Tuesday after President Donald Trump pushed back tariffs on Europe while US Treasury bond yields retreated…
Business
MAS proposes to remove some exemptions from advertisement regulations to better protect consumers
The Monetary Authority of Singapore (MAS) is proposing to amend financial advertisement requirements in a bid to boost protection for…
Business
RFK Jr. Threatens Wild Ban on How NIH Scientists Can Share Work
Robert F. Kennedy Jr. doesn’t want government scientists to publish their work in the world’s leading medical journals. In the Ultimate…
Business
Salesforce to acquire Informatica for $8 billion in latest AI push
Software company Salesforce said Tuesday it’s buying Informatica, which provides businesses with artificial-intelligence-powered data…
Business
Anger as Zimbabwe leader approves new radio levy for motorists
Zimbabwe's President Emmerson Mnangagwa has signed into law a contentious bill that requires all motorists to buy a radio licence before…
Business
Trump Is About to Let a Four-Year-Old Immigrant Girl Die
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
Trump Corruption Hits Next Level With Pardon Tied to $1 Million Dinner
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
BYD Just Broke the EV Market -- $7,700 Cars Set Off a Price War Frenzy in China
BYD (BYDDF) just threw down the gauntlet in China's electric vehicle war. The company slashed prices by as much as 34% on 22 of its models…
Business
Trump Media Ramps Up Crypto Shadiness With Bitcoin Plans
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
Independent financial adviser deems Amara’s takeover offer at S$0.895 a share ‘fair and reasonable’
The independent financial adviser (IFA) appointed for the takeover bid for hotel group Amara has deemed the offer at S$0.895 a share to be…
Business
Tesla Sales Tank as Elon Musk Hate Ramps Up
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…