Revised takeover code: Dealmakers welcome targeted guidance instead of ban on deal protection

Revised takeover code: Dealmakers welcome targeted guidance instead of ban on deal protection

New rules cap break fees, tighten disclosure requirements and give target boards greater guidance [SINGAPORE] Singapore’s revised takeover code is expected to strengthen governance and competition in merger and acquisition (M&A) transactions without making deals harder to execute, lawyers and corporate finance advisers said. Rather than impose a blanket ban on deal protection measures, the…

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Singapore enters next phase of 5G roll-out as telcos achieve nationwide coverage

Singapore enters next phase of 5G roll-out as telcos achieve nationwide coverage

M1 and StarHub’s older 5G networks already retired; Singtel and Simba have not said when they will complete the transition [SINGAPORE] Singapore’s mobile operators have begun migrating their customers to standalone (SA) 5G services, marking the next phase of the country’s 5G roll-out with all four operators having achieved nationwide coverage. The Infocomm Media Development…

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Philadelphia Semiconductor Index shows signs of near-term exhaustion

Philadelphia Semiconductor Index shows signs of near-term exhaustion

THE Philadelphia Semiconductor Index (SOX) is a modified capitalisation-weighted index that tracks the performance of US-listed equities in the semiconductor sector. The index experienced a strong rally in the second quarter of this year, up over 93 per cent at the time of writing from the current year-low level of 7,084, formed on Mar 30.…

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Japan’s love of plastic tested by supply constraints

Japan’s love of plastic tested by supply constraints

The country ranks second in the world for per-capita plastic packaging waste, behind only the US FIRST-TIME visitors to Tokyo convenience stores are often struck by the staggering array of choices on offer: shelves overflowing with sushi, pork cutlet sandwiches and matcha sweets. Perhaps even more surprising than the impressive variety is the realization that virtually every…

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The supertanker tycoon making millions on Hormuz shuttle runs

The supertanker tycoon making millions on Hormuz shuttle runs

[HONG KONG, LONDON, DUBAI] Just a few weeks into the war, one of the Persian Gulf’s top oil producers quietly began sneaking its crude out of the Strait of Hormuz. Before long, the covert project became so successful that the United Arab Emirates was already approaching its pre-war rate of flows through the waterway by…

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Belgium soccer ‘astonished’ by FIFA’s Folarin Balogun red card decision as it investigates ‘all potential options’

Belgium soccer ‘astonished’ by FIFA’s Folarin Balogun red card decision as it investigates ‘all potential options’

The Royal Belgian Football Association said in a statement that it’s “astonished” by the FIFA ruling Sunday that suspended the red-card suspension of Folarin Balogun, allowing the star USMNT striker to be available for the World Cup Round of 16 match Monday.  “FIFA bases its decision on Article 27 of the FIFA Disciplinary Code,” the…

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So Ji-sub’s ‘Agent Kim Reactivated’ Becomes 2026’s Highest-Rated Korean Miniseries After Just 3 Episodes

So Ji-sub’s ‘Agent Kim Reactivated’ Becomes 2026’s Highest-Rated Korean Miniseries After Just 3 Episodes

Veteran South Korean actor So Ji-sub is enjoying one of the biggest television successes of his career as his latest drama, ‘Agent Kim Reactivated’, has become the highest-rated South Korean miniseries of 2026 after airing just three episodes. According to Nielsen Korea data released on Saturday, July 4, the third episode of the SBS action-revenge…

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