News
US: Stocks rise as market weighs tariff ruling
Published Fri, May 30, 2025 · 06:22 AM[NEW YORK] Wall Street stocks finished modestly higher on Thursday following strong earnings from Nvidia as a judicial ruling added to uncertainty about President...
Keppel appoints ex-DBS CEO Piyush Gupta as deputy chairman from Jul 1
[SINGAPORE] Keppel has appointed former DBS chief executive Piyush Gupta as deputy chairman and non-executive independent director of its board, effective Jul 1. Gupta will also be appointed a...
What are private markets, and what risks should investors take note of?
[SINGAPORE] Private markets have grown increasingly popular in recent times in South-east Asia, with Singapore accounting for 45 per cent of the private equity market in deal value and...
Foxconn to soon announce second Japanese auto partner, chairman says
The Apple supplier’s interest in working with Japanese car makers comes as they face growing competition from Chinese brandsPublished Thu, May 29, 2025 · 01:45 PM[TAIPEI] Taiwan’s Foxconn will...
Shopee’s SPX Express partners Frasers Property Vietnam to build automated sorting centre
Facility includes advanced two-storey automated sorting machines that can sort up to 7 million parcels a day, the highest for SPX Express in Vietnam[SINGAPORE] SPX Express, Shopee’s logistics services,...
NIE, Amazon Web Services set up AI-focused innovation hub for edtech research
[SINGAPORE] The National Institute of Education (NIE) and Amazon Web Services (AWS) on Thursday (May 29) announced the launch of the Technology for Education Centre (TEC) – a new...
Australia aims to avoid Panama repeat in China port showdown
[CANBERRA] Prime Minister Anthony Albanese is confronting a fresh diplomatic dilemma with China: How to fulfil a pledge to regain control of a strategic port without jeopardising improved relations...
Sembcorp unit wins solar energy project to supply 150 MW of power in India
[SINGAPORE] Sembcorp Industries’ wholly owned renewables subsidiary, Sembcorp Green Infra, was awarded a solar energy storage hybrid project by SJVN, an Indian state-owned power company. Sembcorp Green Infra will...
Gold touches over one-week low after US court blocks Trump’s tariffs
Published Thu, May 29, 2025 · 09:32 AM[BENGALURU] Gold hit a more than one-week low on Thursday (May 29), as the US dollar rallied and risk sentiment improved after...
CapitaLand Ascendas Reit raises S$500 million from private placement of 202 million shares at S$2.47 each
Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building [SINGAPORE] CapitaLand Ascendas Real Estate Investment Trust (Clar) has raised S$500 million from a...
