News

Frasers Property’s privatising FHT does nothing for its minorities
[SINGAPORE] Minority investors of Frasers Hospitality Trust (FHT) are getting a second chance to exit their holdings by way of a privatisation offer.FHT’s sponsor Frasers Property recently proposed privatising...
After briefest of respites, global trade war fears return with a vengeance
THE trade war is far from over, and neither is the associated rout in the stock market.The broad S&P 500 had turned positive for the year to date, clawing...
CPF extends Great Eastern’s Dependants’ Protection Scheme administrator contract to September 2028
The term life insurance scheme currently covers more than two million Singaporeans and permanent residents, the CPF Board said[SINGAPORE] Great Eastern will continue to administer the Dependants’ Protection Scheme...
Singapore’s STI down 0.1% post Trump’s Apple tariff threats; most Asia markets rise
[SINGAPORE] Singapore shares were down at Monday’s (May 26) open while most regional markets traded higher, after US President Donald Trump on Friday threatened tariffs on Apple.As at 9.01...
Interest costs fall for S-Reits in Q1, but US tariffs cloud outlook
[SINGAPORE] Interest costs eased for more Singapore-listed real estate investment trusts (S-Reits) in the first quarter of FY2025, even as looming US tariffs cast a shadow over their prospects...
Nvidia to launch cheaper Blackwell AI chip for China after US export curbs: sources
[BEIJING/TAIPEI] Nvidia will launch a new artificial intelligence (AI) chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production...
Audience Analytics eyes growth in Vietnam, M&A opportunities
[SINGAPORE] Audience Analytics, an organiser of regional business awards and career fairs, is seeking growth in Vietnam with its recent investment in a business partner there, while looking out...
Japan Foods H2 loss widens to S$6.2 million amid ‘challenging year’ for Singapore F&B
[SINGAPORE] Restaurant operator Japan Foods on Sunday (May 25) reported a loss of S$6.2 million for the second half ended Mar 31, 2025, sinking further into the red from...
EU weighs cutting 20 banks from Swift in new Russia sanctions
The European Union (EU) is considering cutting more than 20 banks from Swift, the international payments system, as well as lowering a price cap on Russian oil and banning...
Riverstone and Ho Bee Land chairmen make fresh share purchases
[SINGAPORE] Over the five trading sessions from May 16 to 22, institutions were net sellers of Singapore stocks, with net institutional outflows of S$65 million, adding to net outflows...
AI is changing shopping. Will consumers buy in?
Carolyn Bennett remembers flipping through a yellow telephone book in the 1980s to find carpet stores and workers who refinished wood to help renovate her home.Today, the 67-year-old uses...
Advisory firm Glass Lewis backs Toyota chairman re-election
Akio Toyoda’s position at the automaker has come under scrutiny over governance concernsPublished Sat, May 24, 2025 · 01:15 PM[TOKYO] Advisory firm Glass Lewis has recommended shareholders re-elect Toyota Motor...