News
Temasek sees more opportunities in Europe after investing S$10 billion in the region last year
[SINGAPORE] Singapore’s state investor Temasek sees growing investment opportunities in Europe as the impact of trade tensions on the economic climate makes some companies more attractive in terms of...
Cordlife offers enhanced support to clients affected by damaged tanks in Singapore
[SINGAPORE] Private cord-blood bank Cordlife will offer enhanced support to its customers who were affected by the November 2023 discovery of its damaged storage tanks.This includes a five-year extension...
Meta poached Apple’s AI engineer Pang with pay package over US$200 million: sources
[SAN FRANCISCO] Meta Platforms has made unusually high compensation offers to new members of its “superintelligence” team – including a more than US$200 million package for a former Apple...
eSIM platform Airalo raises US$220 million in new funding round, lifts valuation past US$1 billion
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC[SINGAPORE] eSIM platform Airalo has raised US$220 million in a financing round, valuing the company...
Opec trims oil demand for next four years
THE Organization of the Petroleum Exporting Countries (Opec) cut its global oil demand forecasts for the next four years on Thursday (Jul 10) as Chinese growth slows. This came...
Chinese property shares surge on unverified reports of meeting to revive sector
[BEIJING] A gauge of Chinese property shares jumped the most in nearly nine months, fuelled by speculation a high-level meeting will be held next week to help revive the...
BOJ finds US tariff hit to exports limited for now
[TOKYO] The impact on Japan’s output and exports from US tariffs is limited for the time being but many companies are worried about the risk of tariffs weakening global...
SIA partners Mandai Wildlife Group to enhance customer offerings
Both companies will also cooperate on conservation efforts that could include the transfer of animals between Singapore’s wildlife parks and other accredited zoos [SINGAPORE] Singapore Airlines (SIA) is partnering...
Adidas, Puma eye running shoe revival as tariff threats loom
[LONDON] Running could turn around the fortunes of Puma and Adidas as they look to make up ground lost to new upstarts before US tariffs start to bite.The German...
Singtel’s NCS to invest S$130 million to scale AI adoption in Apac
[SINGAPORE] Singtel’s technology services arm, NCS, will invest S$130 million over the next three years to further its artificial intelligence (AI) development across the Asia-Pacific region. Its investments include...
