News
Tencent seeks US$4 billion via US dollar bond and offshore yuan bond sale: sources
This is part of its US$30 billion global medium-term note programme, proceeds will be for general corporate purposesPublished Mon, Jun 8, 2026 · 06:44 PM[SYDNEY/SINGAPORE] China’s Tencent is aiming...
Nasdaq-100 advances into uncharted territory
AS AT Jun 4, the Nasdaq-100 continued its remarkable advance, reaching an all-time high at 30,762 before closing at about 30,407.The index has gained more than 40 per cent...
US: Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
Rising interest rates and the Iran war weigh on sentiment heading into the weekendPublished Sat, Jun 6, 2026 · 07:59 AM[NEW YORK] Wall Street’s nine-week winning streak ended with...
From CTO to CEO: Anext Bank taps financing AI hardware to grow SME lending
The Ant International unit is using AI financing and alternative data to expand credit access for MSMEs[SINGAPORE] It has been about one and a half years since Qiu Kai...
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Board says it’s in ‘best interest of company’ for them to remain in their positions[SINGAPORE] Singapore Kitchen Equipment’s (SKE) chief executive officer and senior manager were charged in relation...
Clar buys Tuas logistics property for S$133.9 million
[SINGAPORE] CapitaLand Ascendas Reit (Clar) is buying a modern ramp-up logistics facility at 5 Tuas Avenue 5 for a purchase consideration of S$133.9 million in cash.The purchase price represents...
Geopolitical risks must be considered before investing in tech: Temasek chairman Teo Chee Hean
One has to take into account global events and how that may impact a company, says the chairman[SINGAPORE] While Temasek Holdings is “quite forward-leaning” when it comes to its...
Meta reveals details about layoffs in Playa Vista and Menlo Park
Meta Platforms announced more details about its latest round of layoffs. As part of its already-announced plans to cut close to 10% of its workforce, more than 2,000 employees...
Thomson Medical Group names Cassandra Loh as acting CEO for its Singapore operations
She will take over from Lee Suen Ming, who will be leaving to ‘pursue personal interests’[SINGAPORE] Thomson Medical Group – controlled by billionaire Peter Lim – has announced the...
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
[SINGAPORE] Jumbo Seafood will shutter its flagship East Coast Seafood Centre outlet upon the expiry of its lease on Sep 30, the restaurant chain’s parent company said on Friday...
RHB upgrades Singapore banks on wealth momentum, resilient fee income; names its top picks
[SINGAPORE] RHB has upgraded its rating on the three Singapore banks to “overweight” from “neutral”, citing their continued wealth momentum and resilient fee income generation.The brokerage believes there is...
Singapore venture funding hits S$5.9 billion as investors double down on AI, deep tech despite fewer deals: EY-Parthenon
The two themes are emerging as key growth drivers amid a broader fundraising downturn in South-east Asia[SINGAPORE] Singapore-based firms raised S$5.9 billion in 472 venture capital deals in 2025,...