News
SIA Group’s passenger traffic up 1.9% in December
The group’s two carriers carry around 3.8 million passengers in the period – a new monthly record [SINGAPORE] Singapore Airlines (SIA) Group on Thursday (Jan 15) posted a 1.9...
Indian startup Varaha inks deal with Microsoft to remove 2 million tonnes of carbon dioxide
Project puts spotlight on smallholder companies and their capability to deliver on carbon removal, says CEO of Varaha[SINGAPORE] Indian startup Varaha inked a deal with Microsoft on Thursday (Jan...
Co-living operator The Assembly Place launches Catalist IPO at S$0.23 a share
The company will have an estimated market capitalisation of about S$88.1 million post-listing[SINGAPORE] Home-grown co-living operator The Assembly Place (TAP) has launched its initial public offering (IPO) of about...
Volvo identifies battery fire risk in EX30 Ultra EVs; owners told to limit charging to 70%
[SINGAPORE] Some 143 owners of the Volvo EX30 Ultra electric car in Singapore are being advised not to charge their vehicles beyond 70 per cent due to a fire risk...
Nikkei falls from record as tech shares retreat; Topix rises
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday (Jan 15), as the yen’s rebound weighed on exporters and a red-hot rally in technology shares...
Australian shares end at two-month high as miners ride metals rally
[SYDNEY] Australian shares closed at an over two-month high on Thursday (Jan 15), driven by broad-based gains, with miners at the helm as investors pivoted to the heavyweight sector...
Woh Hup Engineering JV wins S$326 million LTA contract for Downtown Line extension
The contract includes work for two mainline tunnels and a tunnel link to Gali Batu Depot [SINGAPORE] The Land Transport Authority (LTA) has awarded the first civil contract for...
Lucid set to start manufacturing cars in Saudi Arabia in 2026
The company has also struggled more broadly with profitability and production challenges[RIYADH] Lucid Group is on track with plans to start producing cars in Saudi Arabia as it looks...
HSBC, Prudential in US$220 million funding for Hong Kong’s WeLab
The fintech has over 70 million individual users and more than 700 enterprise customers [HONG KONG] Hong Kong-based fintech firm WeLab has secured US$220 million from investors including HSBC...
Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand
[BENGALURU] Gold slipped on Thursday (Jan 15) as investors booked profits after three consecutive sessions of record highs, while an apparent softer tone from US President Donald Trump on...
