Business
OUE Reit secures S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes OUE Real Estate Investment Trust (OUE Reit)…
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Business
Singtel hit with S$1 million fine for 2024 voice disruption
The incident on Oct 8 last year affected more than 500,000 users for more than four hours The Infocomm and Media Development Authority…
Business
Ever Glory to offer 2 million new shares at S$0.64 each ahead of proposed transfer to mainboard
It will raise around S$1.2 million in net proceeds if the offer is fully subscribed As part of its proposed transfer to the Singapore…
Business
LMIRT launches rights issue to raise S$63 million
Most of the proceeds will go towards paying off loans; some of it will be used for general working capital Lippo Malls Indonesia Retail…
Business
Granite Asia raises US$350 million for fund backed by Temasek, Khazanah, INA
Asia’s private credit market is projected to grow 46% to US$92 billion by 2027, according to a report. Granite Asia, a Singapore-based…
News
Nearly 1,000 people dead, 1 million displaced in Indonesia floods
Nearly 1,000 people have died and nearly 1 million have been forced from their homes after weeks of flooding and landslides in northern…
Business
Fossil hunters find tracks of animals from about 3 million years ago – a first in South Africa
South Africa is well known for its fossil heritage, a record of plants and animals that tells us what the world was like long ago. Over…
Business
Temasek-backed Xora Innovation leads US$46 million funding in Vinci
Vinci, the brain behind a physics-driven artificial intelligence (AI) platform for hardware design and simulation, raised US$46 million in…
Business
UltraGreen.ai’s 5.9 million share public offer 4.5 times subscribed
The public tranche of the Singapore initial public offering (IPO) of medical imaging and surgery technology firm UltraGreen.ai notched a…
Business
Amazon’s giant anacondas reached their peak size 12 million years ago, study shows
A study of anaconda fossils shows that these snakes reached their maximum size 12.4 million years ago and then stopped growing. As some of…
Politics
Trump’s FBI Spent Nearly $1 Million on Redacting Epstein Files
Between March 17 and March 22, the bureau spent $851,344, according to a Bloomberg report, and agents racked up 4,737 hours of overtime…
Business
Coliwoo reports 75.1 per cent fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million in the second half ended Sep 30, a 75.1 per cent drop from S$22.9…
Business
Bitcoin Heist: Family Members Waterboarded, Sexually Assaulted as Attackers Steal $1.6 Million
A sentencing decision in the Provincial Court of British Columbia this month revealed the graphic details of a 2024 attack in which the…
Business
Lum Chang Creations subsidiary secures 2 contracts worth S$63.4 million
Urban revitalisation specialist Lum Chang Creations on Monday (Nov 24) said its wholly owned subsidiary, Lum Chang Interior, clinched two…
Business
BRC Asia H2 profit falls 5% to S$52.2 million
Steel solutions provider BRC Asia reported a 5 per cent decrease in net profit for the second half of the year to S$52.2 million, from…
Business
TPG, Warburg weigh US$500 million stake in India-rooted Sirion
TPG Capital and Warburg Pincus are in early talks to buy a stake in Sirion Labs, a Partners Group Holding-backed software business…
Business
Fact Check: NO EVIDENCE Zelenskyy Invested $500 Million, $1.5 Billion 'Of His Own Money' In Ski Resort In Western Ukraine -- Project's Developer Denies His Involvement
Did President of Ukraine Volodymyr Zelenskyy invest $500 million or $1.5 billion "of his own money" in "a ski resort in Western Ukraine"?…
Business
Keppel Reit trustee prices S$100 million perpetual securities at 3.28%
The trustee of Keppel Real Estate Investment Trust, HSBC Institutional Trust Services (Singapore), on Wednesday (Nov 19) priced its…
Politics
Spain pledges more than €800 million in new aid to Ukraine
Spain has pledged €817 million ($947.5 million) in new aid to support Ukraine's defense against Russia's ongoing invasion, Prime Minister…
Business
Argentina’s LIBRA Investigation Climaxes But $58 Million Moves Before Final Report
Argentina LIBRA case. Photo by BeInCrypto Argentina’s Congressional Commission investigating the cryptocurrency LIBRA will present its…
Business
Gavin Newsom Aannounces $100 million for thousands of California jobs
California Governor Gavin Newsom has announced an $100 million investment to create thousands of jobs in the state. The investment will go…
Business
Nearly three million Israelis face food insecurity, including one million children, report finds
A report from the National Insurance Institute (NII) shows a slight improvement in access to food across Israel, but it also shows that…
Business
US jury says Apple must pay Masimo US$634 million in smartwatch patent case
A FEDERAL jury in California said on Friday(Nov 14) that Apple owes medical-monitoring technology company Masimo US$634 million for…
Business
Malaysia enters mediation with Julius Baer on US$112 million 1MDB lawsuit
MALAYSIA said it’s entered mediation talks with Julius Baer Group in a bid to settle a US$112 million lawsuit filed against the Swiss bank…