Fashion
Yangzijiang Financial H2 earnings soar to S$197.3 million
INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an increase of about four times from S$39.3 million...
Apple plans US$500 billion in US investment, 20,000 research jobs in next four years
APPLE said on Monday (Feb 24) it would spend US$500 billion in US investments in the next four years that will include a giant factory in Texas for artificial...
Singapore shares slip on Monday after MAS unveils stock market measures; STI down 0.1%
Across the broader market, gainers beat losers 298 to 286, after 1.4 billion securities worth S$1.7 billion change hands SINGAPORE stocks closed marginally lower at the end of the...
Adani plans 1.1 trillion rupees of new investments in India growth push
Billionaire Gautam Adani said his group is planning more than 1.1 trillion rupees (S$17 billion) of new investments in India, signalling the conglomerate’s focus on growing in its home...
Chinese firms dump Europe for Hong Kong to raise funds
CHINESE companies that once pursued additional listings in Europe are abandoning those plans after Beijing’s securities regulator tightened some rules, pushing many issuers to sell shares in Hong Kong...
Singapore Car Bursts into Flames Along CTE Causing Heavy Traffic Till Braddell Road, Drives Escapes Unharmed
A car burst into flames along the CTE on Sunday evening, February 23 leading to heavy congestion. However, the driver was able to escape unharmed.The Singapore Civil Defence Force...
Singapore Reits need more support in wake of Paragon Reit’s proposed privatisation
Privatisations make sense when trusts have poor liquidity and face constraints in upgrading assetsIF INTEREST rates do not fall much further, equity fund-raising in the Singapore-listed real estate investment...
Musk’s Starlink races with Chinese rivals to dominate satellite internet
SPACE is about to get more crowded for Elon Musk.The billionaire’s Starlink communications network is facing increasingly stiff challenges to its dominance of high-speed satellite internet, including from a...
Malaysia’s flooded palm problems to persist for another month
MALAYSIAN oil palm plantations that have been inundated with rain this year are not likely to see production recover for at least another month, according to a senior industry...
Indonesia’s new Danantara investment fund readies for launch
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to...
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
[JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while catalysing investment and fuelling the...
