News
Board of Dasmond Koh’s NoonTalk Media says management’s pay ‘fair and justifiable’ amid firm’s losses
The remuneration committee has considered defined key performance indicators, performance milestones and market benchmarks[SINGAPORE] The board of Dasmond Koh’s NoonTalk Media has defended the salaries of its management despite...
Singapore insurers more anxious than global peers, as risks related to AI, cybercrimes rise: report
Broader technology disruptions and macroeconomic uncertainties are adding to worries, says PwC study [SINGAPORE] The misuse of generative artificial intelligence (AI) and cybercrime have emerged as among the biggest...
ComfortDelGro and Hello Robotaxi partner on robotaxi deployment in China, overseas markets
The venture will focus on deploying and managing Robotaxi services via ComfortDelGro’s point-to-point operations[SINGAPORE] Transport company ComfortDelGro announced on Tuesday (Nov 25) that its subsidiary, ComfortDelGro (China), has inked...
Couple caught in 99-1 property transaction sue salesperson, PropNex and law firm for S$586,172
This is the third reported lawsuit embroiling PropNex over the sale arrangement for buyers to avoid paying more in ABSD[SINGAPORE] A PropNex subsidiary has been sued, along with its...
Amova announces two new funds with focus on SGX small and mid-cap stocks
[SINGAPORE] Amova Asset Management, formerly Nikko Asset Management, announced that it will be launching two new funds as part of the Singapore Equity Market Development Programme (EQDP).The two funds...
Volkswagen to export Chinese-made cars to more overseas markets
It has no plans to export them to Europe due to a difference in electronic architecture and software technology for smart vehicles[HEFEI, China] Volkswagen plans to export cars developed...
Singapore stocks fall, bucking regional gains; STI down 0.2%
Across the broader market, gainers outnumber losers 310 to 247 after 1.3 billion securities worth S$1.4 billion change hands[SINGAPORE] Singapore stocks bucked regional gains to end lower on Tuesday...
Shell and Ferrari sign long-term green power supply deal
Power purchase agreements are rising in Italy as manufacturers lock in energy costs and secure green power[MILAN] Shell has signed a long-term deal to supply Ferrari with renewable energy...
UK financial sector makes slow progress on preparations for new settlement system
40% of respondents in a survey say they will miss an interim deadline of Dec 31, 2026[LONDON] Four in 10 financial businesses in Britain expect to miss a deadline...
Xiaomi founder Lei Jun’s HK$100 million share purchase sparks stock rebound
[HONG KONG] Xiaomi founder Lei Jun’s purchase of about HK$100 million (S$16.8 million) worth of company stock may help bolster sentiment in the smartphone maker after shares tumbled more...
