News
Toyota sends first half of US$500 million pledge to air taxi maker
Joby says recently it now aims to start commercial services in Dubai by early 2026 after having previously targeted the end of this yearPublished Wed, May 28, 2025 ·...
TSMC to open chip design centre in Munich, could later support AI development
[AMSTERDAM] Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, said on Tuesday (May 27) it will open a design centre in Munich, Germany, which could at a...
MAS proposes to remove some exemptions from advertisement regulations to better protect consumers
[SINGAPORE] The Monetary Authority of Singapore (MAS) is proposing to amend financial advertisement requirements in a bid to boost protection for consumers.MAS currently requires financial institutions (FIs) to ensure...
Independent financial adviser deems Amara’s takeover offer at S$0.895 a share ‘fair and reasonable’
[SINGAPORE] The independent financial adviser (IFA) appointed for the takeover bid for hotel group Amara has deemed the offer at S$0.895 a share to be “fair and reasonable”. It...
US: Wall St opens higher after long weekend on Trump’s trade reprieve
Published Tue, May 27, 2025 · 09:51 PM[NEW YORK] Wall Street opened higher on Tuesday (May 27) after US President Donald Trump dialled back his threat of tariffs on...
US will have golden share in Nippon Steel’s takeover of US Steel, lawmaker says
[TOKYO] The US government will have veto power over key decisions relating to US Steel, as part of a deal with Nippon Steel that would approve the Japanese firm’s...
Swiss watch exports jump in April ahead of threatened US tariffs
Asian markets displayed further weakness, with exports to Singapore falling 9%, China off 30% and Hong Kong down 23%Published Tue, May 27, 2025 · 05:47 PM[ZURICH] Swiss watch exports...
Perennial to invest one billion yuan to open two healthcare institutions in Guangzhou
[SINGAPORE] Integrated healthcare and real estate player Perennial Holdings on Tuesday (May 27) announced that it has entered into an agreement with Guangzhou Metro Group to establish a tertiary...
Perennial to invest one billion yuan to open two hospitals in Guangzhou
[SINGAPORE] Integrated healthcare and real estate player Perennial Holdings on Tuesday (May 27) announced that it has entered into an agreement with Guangzhou Metro Group to establish a tertiary...
Port congestion at Asian ports reported; Singapore’s average waiting time up to 1.5 days
[SINGAPORE] Port congestion has been reported at Asian ports, with Singapore being one of those impacted – the berth waiting time at the world’s top transhipment hub is said...
