Entrepreneurship
Australia’s Star Entertainment gets last-minute extension on threatened casino deal exit
Published Mon, Jul 7, 2025 · 11:33 AM[BENGALURU] Australia’s Star Entertainment said it had secured a last-minute reprieve from Hong Kong investors who had threatened to abandon their Queen’s...
Richard Li’s FWD rises in HK debut, reversing earlier declines
[HONG KONG] Billionaire Richard Li’s FWD Group Holdings rose in its Hong Kong trading debut, reversing earlier declines, after an initial public offering (IPO) that raised HK$3.5 billion (S$570...
Data Protection Trustmark elevated to Singapore Standard
[SINGAPORE] With a more developed data protection ecosystem already in place, the next step is for more formal standards to be put in place, said Minister for Digital Development...
After petrol, China’s oil refiners face a jet fuel glut
[NEW YORK] China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already dealing with ebbing demand...
Ship hit in Red Sea as Israel strikes Houthi-controlled ports
Published Mon, Jul 7, 2025 · 09:21 AM[AMMAN] Multiple small vessels attacked a ship in the Red Sea near Yemen’s Al Hudaydah port, causing a fire on board and...
Del Monte Pacific expects capital deficit from write-offs of US unit’s bankruptcy
Its equity investment in Del Monte Foods and receivables due from the unit are expected to be subject to impairment[SINGAPORE] Del Monte Pacific expects to record a capital deficit...
Oil tumbles as Opec+ hikes August output more than expected
[SINGAPORE] Oil prices slipped more than 1 per cent on Monday after Opec+ surprised markets by hiking output more than expected in August, raising concerns about oversupply.Brent crude futures fell...
Reit-owned malls more likely to forgo higher rents for right tenant mix
[SINGAPORE] For Singapore-listed real estate investment trusts (S-Reits), rent increases are tempered by longer lease terms, a need to curate tenant mixes to drive foot traffic, and a focus...
Broadening bullishness may support interest in new listings, including those headed to Catalist
[SINGAPORE] The Singapore market seemed unstoppable last week. The Straits Times Index (STI) pushed past 4,000 on Wednesday (Jul 2), and closed above that key threshold for three straight...
AIA Singapore steps up wealth management ambitions even as it leverages ageing trend
[SINGAPORE] By 2026, an estimated 21 per cent of Singapore’s population will be aged 65 and above, making it a “super-aged” society. This is a rise from the current...
