News
Sembcorp unit wins conditional approval to import 1 GW of hydropower from Sarawak
Expected to start commercial operations around 2035, the project contributes to Singapore’s plans to import 6 GW of clean power by 2035[SINGAPORE] Sembcorp Utilities, a unit of renewables player...
Singapore grants conditional approval to import Sarawak hydropower; companies studying new 2GW energy link with Malaysia
The deals contribute to Singapore’s plans to import 6 GW of clean power by 2035[SINGAPORE] The Republic and Malaysia on Friday (Oct 17) announced updates on two efforts to...
Nio recovers on Friday morning after hitting one-month low on Thursday amid GIC lawsuit
The recovery comes a day after the counter dived as much as 13.8 per cent to US$6 [SINGAPORE] Shares of Nio recovered on Friday (Oct 17) after diving to...
Nio shares rebound 7% from initial plunge after GIC lawsuit alleges inflated revenue
The recovery comes a day after the counter dived as much as 13.8% amid allegations of inflated revenue [SINGAPORE] Shares of Nio recovered on Friday (Oct 17) after diving...
MAS launches initiative to enable settlement of tokenised bank liabilities, well-regulated stablecoins
The initiative, named BLOOM, builds on the authority’s earlier efforts under Project Orchid[SINGAPORE] The Monetary Authority of Singapore (MAS) on Thursday (Oct 16) announced a new initiative to extend settlement...
CapitaLand Investment’s Ascott signs seven new properties in Austria and Spain
The new signings bring its European portfolio to 64 properties and almost 8,500 units[SINGAPORE] Real estate asset manager CapitaLand Investment’s wholly owned lodging business unit on Friday (Oct 17)...
Spain probing Mango founder’s death as homicide: media
SPANISH police are investigating the sudden death of the Mango clothing empire’s founder Isak Andic as a possible homicide, with his son as the key suspect, local media reported...
Europe: French stocks jump to seven-month high after government survives confidence vote
FRENCH stocks rose to a seven-month high on Thursday after the government survived a confidence vote, while a jump in Nestle buoyed the wider European market.The pan European Stoxx 600 closed 0.69 per...
HSBC not exposed to the collapse of scandal-hit First Brands Group
[LONDON] HSBC Holdings is not exposed to the collapse of scandal-hit auto-parts supplier First Brands Group, whose bankruptcy has left some of the biggest players on Wall Street facing...
Salesforce jumps as US$60 billion forecast eases revenue growth concerns
[BENGALURU] Salesforce shares jumped more than 6 per cent in premarket trading on Thursday (Oct 16). This is after the company forecasted faster revenue growth in the coming years,...
