Entrepreneurship
CDL, MCL Land marketing Piccadilly Galleria retail podium for sale at lower price of $67.5m
[SINGAPORE] Piccadilly Grand’s retail podium is up for sale for S$67.5 million, at a lower price after an earlier expression of interest exercise closed in November 2024. The ground-floor retail...
Exxon enters talks to sell French business for 400 million euros
[LONDON] ExxonMobil entered exclusive talks to sell its entire 82.89 per cent stake in French unit Esso SAF, including a key refinery, to North Atlantic France SAS for about...
Nissan offers buyouts to US workers, halts global pay rises, internal e-mails show
[TOKYO] Japan’s Nissan has started offering buyouts to US workers and has suspended merit-based wage increases worldwide, internal e-mails reviewed by Reuters showed, as the automaker expands cost cuts...
Singapore Savings Bond demand falls short; 10-year average return drops to 2.56%
The June tranche receives a total of S$302.9 million in applications for the S$500 million offered[SINGAPORE] The latest Singapore Savings Bond (SSB) allotted on Wednesday (May 28) saw applications...
China’s answer to World Bank could open Singapore, HK offices: sources
[BEIJING] The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the matter, in a plan that would...
SunMoon sinks to S$1.5 million loss in FY2025 despite higher revenue
[SINGAPORE] Fruit distributor SunMoon Food Company has sunk into the red with a net loss of S$1.5 million for the full year ended March, compared with a net profit...
Starship megarocket blows up over Indian Ocean in latest bumpy test
[SOUTH PADRE ISLAND, United States] SpaceX’s prototype Starship exploded over the Indian Ocean on Tuesday, capping another bumpy test flight for the rocket central to billionaire Elon Musk’s dream...
UBS’s Iqbal Khan sees rich customer demand for alternative assets
[HONG KONG] Wealthy customers of UBS Group are looking to buy more alternative assets as they seek to diversify investments during a volatile period for markets and global trade,...
Australia: Shares at 3-month high ahead of inflation data; RBNZ decision in focus
AUSTRALIAN shares climbed on Wednesday, reaching their highest levels in more than three months, supported by strength in banking and mining stocks ahead of the release of April inflation...
SingHealth Duke-NUS’ AI spin-off inks MOUs with Roche, ST Engineering to improve healthcare operations
[SINGAPORE] Enigma Health, a healthcare artificial intelligence (AI) spin-off from SingHealth Duke-NUS Academic Medical Centre, has inked separate memorandums of understanding (MOUs) with Swiss pharmaceutical giant Roche and Singapore...
SingHealth Duke-NUS’ AI spinoff inks MOUs with Roche, ST Engineering to improve healthcare operations
[SINGAPORE] Enigma Health, a healthcare artificial intelligence (AI) spinoff from SingHealth Duke-NUS Academic Medical Centre, has inked separate memorandums of understanding (MOUs) with Swiss pharmaceutical giant Roche and Singapore...
