News
Singapore inventor wins High Court suit against rivals who passed off similar doors as his design
The Malaysian company by Ng’s former employee Goh Song Guan, manufactures a similar slide-and-swing door known as “SD Door”[SINGAPORE] A Singapore inventor behind a space-saving door system widely used...
China’s market revival hinges on gloomy economy turning corner
[BEIJING] China’s markets shed the “uninvestable” tag this year. To bury it for good, investors say an acceleration in the domestic economy is needed so the bullishness does not...
SBI Shinsei Bank soars 11% from IPO price in Tokyo trading debut
The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high[TOKYO] SBI Shinsei Bank surged as much as 11 per cent in its...
US threatens retaliation over ‘unreasonable’ EU tech regulations
THE United States threatened countermeasures against the EU on Tuesday over the bloc’s efforts to tax American firms, pointing to major European companies as potential targets.But the European Union...
Oil jumps 2% as Trump’s Venezuela blockade stokes uncertainty
While many ships lifting Venezuelan oil are sanctioned, others moving crude from Iran and Russia are not[LONDON] Oil prices rallied by nearly 2 per cent on Wednesday (Dec 17)...
Property tycoon Gordon Tang’s Acrophyte to acquire Suntec Reit’s manager for S$190 million
Tang and his affiliates currently own 35.7% of the Reit itself, while ESR owns 10.8%[SINGAPORE] Property tycoon Gordon Tang has signed a deal to acquire 100 per cent of...
F&N dairy subsidiary to acquire additional 4.6% stake in Vinamilk from Jardine C&C
The deal involves about 96.1 million sale shares, with a total consideration of around six trillion Vietnamese dong[SINGAPORE] F&N Dairy Investments (FNDI), a wholly owned subsidiary of food and...
EC World Reit granted more time until May 2026 to submit resumption proposal
SGX-ST has considered that it needs more time to work on proposals to meet its loan repayment obligations[SINGAPORE] EC World Real Estate Investment Trust’s (ECW) application for more time...