News
Sinarmas Land loses free float; trading to be suspended
The offer by Lyon Investments receives valid acceptances to acquire 92.3% of shares[SINGAPORE] Shares of Sinarmas Land that are held by the public no longer make up 10 per...
TSMC shows off new tech for stitching together bigger, faster chips
[SANTA CLARA] Taiwan Semiconductor Manufacturing Company (TSMC) on Wednesday (Apr 23) unveiled technology for making faster chips and putting them together in dinner-plate-sized packages that will boost the performance...
Kering sales drop more than expected in first quarter as Gucci crisis deepens
[PARIS] The crisis at Kering’s flagship Gucci label deepened in the first quarter, the company said on Wednesday (Apr 23) as it flagged possible job cuts with no signs...
US: Stocks rise again on more benign Trump tone on China
Published Thu, Apr 24, 2025 · 06:06 AM[NEW YORK] Wall Street stocks posted solid gains for a second straight session on Wednesday (Apr 23) as markets continued to cheer...
Warner Bros. Discovery’s Max joins the password-sharing crackdown
The password sharing crackdown has come for Max users.On Tuesday, the Warner Bros. Discovery-owned streaming service said it is implementing an option for its subscribers to add friends and...
US: Wall Street jumps at open as Trump says he has no plans to fire Powell
Published Wed, Apr 23, 2025 · 09:45 PM[NEW YORK] Wall Street’s main indexes rallied at the open on Wednesday after US President Donald Trump dialled back on his threats...
PropNex Realty faces second lawsuit over 99-1 deals
[SINGAPORE] A PropNex unit – together with its salesperson and a law firm – has been sued by an Indonesian couple claiming about S$850,000 over a 99-to-1 transaction, making...
Hapag-Lloyd says 30% of China’s US bound shipments have been cancelled
Published Wed, Apr 23, 2025 · 07:50 PM[DUESSELDORF] Hapag-Lloyd customers have cancelled 30 per cent of shipments to the United States from China, spooked by the trade conflict between...
Keppel enters joint venture to develop 19 plots of land in Tianjin
Agreement includes Keppel’s divestment of 30% stake in property developer Tianjin Fulong[SINGAPORE] Keppel Ltd said its wholly owned subsidiaries have entered into an agreement with Tianjin Shunhua Real Estate...
Fireworks at CDL AGM, but shareholders vote strongly in favour of all resolutions
[SINGAPORE] The boardroom tussle at City Developments Ltd (CDL) involving executive chairman Kwek Leng Beng and his son, chief executive officer Sherman Kwek, was purportedly set aside for the...
