News

Straits Trading partners Cromwell, divests 19.9% of Australian industrial portfolio for S$40.5m
[SINGAPORE] Mainboard-listed Straits Trading announced a partnership with Cromwell Property Group on Tuesday (Nov 11) to grow its Australian industrial and logistics platform.Under the deal, Cromwell will acquire a...
SoftBank-backed travel app Klook files for US IPO
TRAVEL and leisure booking platform Klook Technology has filed for an initial public offering in New York, as signs emerged of a potential resolution to the US government shutdown...
Private funding in South-east Asia’s digital economy lags global level: report
[SINGAPORE] Private funding for South-east Asia’s digital economy grew 15 per cent from a year earlier to US$7.7 billion in the 12 months to June 2025, lagging the global...
Concentration of corporate power a ‘huge’ concern: UN rights chief
A FEW tech giants accumulating massive power coupled with artificial intelligence is posing huge global rights challenges and needs regulation, the UN human rights chief told AFP in an...
Apple delays next version of iPhone Air: report
Apple will not release the next version of the iPhone Air in the fall of 2026 as previously planned, amid weak sales, the Information reported on Monday, citing sources...
Stocks to watch: mm2 Asia, CSE Global, Yoma Strategic Holdings, Boustead, Jardine C&C, Vicom, Riverstone
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 11): Source link
Visa, Mastercard to cut fees, let retailers reject certain cards
VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use certain credit cards, including the...
Buffett ‘going quiet’ but backs CEO-designate Abel, plans to keep Berkshire shares
WARREN Buffett on Monday assured Berkshire Hathaway shareholders they should stick around as he prepares to depart as chief executive, giving a full-throated endorsement to his successor Greg Abel...
Europe: Shares gain on hope of end to US government shutdown; Diageo shines
EUROPEAN shares rose on Monday, echoing a buoyant mood across global markets as investors cheered initial signs that the historic US government shutdown could soon come to an end, while...
Grindr chairman steps down amid his bid to take the company private
The West Hollywood-based queer dating app Grindr could soon go private after the chair of the board submitted a buyout bid and stepped down from his position. James Lu,...
US: Wall Street advances on hopes of government reopening
WALL Street’s main indexes opened higher on Monday (Nov 10), with risk sentiment aided by signs of progress in Washington to end a record US government shutdown that has...
Apollo to become majority shareholder in Atletico Madrid
[MADRID] US fund Apollo’s sports investment arm Apollo Sports Capital has agreed to become the majority shareholder in top-tier Spanish football club Atletico Madrid, the club said on Monday...