News
China lowers EU pork tariffs in final ruling after 18-month probe
Importers will receive a refund on the difference between the rates paid since September.[BEIJING/MADRID] China on Tuesday (Dec 16) sharply reduced tariffs on European Union pork imports worth over...
OUE raises stake in OUE Healthcare to 89.7% with S$20.7 million share purchase
OUE says the transaction is in line with its commitment to the longer-term prospects of OUE Healthcare’s core business[SINGAPORE] OUE has agreed to acquire a 19.3 per cent stake...
SBI Shinsei Bank to debut after second-biggest Japan IPO of 2025
The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high[TOKYO] SBI Shinsei Bank will start trading in Tokyo on Wednesday (Dec 17)...
SBI Shinsei Bank soars 11% from IPO price in Tokyo trading debut
The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high[TOKYO] SBI Shinsei Bank surged as much as 11 per cent in its...
Warner Bros likely to reject US$108 billion Paramount bid, back Netflix in bidding war: sources
WARNER Bros Discovery’s board could announce a decision as early as Wednesday on Paramount Skydance’s US$108.4 billion takeover bid, with the board likely to advise shareholders to vote against...
Chagee, Mixue, Scarlett, Xiang Xiang: Expanding in Singapore’s cut-throat F&B business
Even industry leaders such as Eggslut and Haidilao have been forced to exit or dial back expansion plans[SINGAPORE] In 2025, eateries have shut down faster than you can say...
Grok spews misinformation about deadly Australia shooting
ELON Musk’s AI chatbot Grok churned out misinformation about Australia’s Bondi Beach mass shooting, misidentifying a key figure who saved lives and falsely claiming that a victim staged his injuries, researchers...
Oil settles near five-year low amid ample supply, Russia-Ukraine progress
[DENVER] Oil futures settled at their lowest level since February 2021 on Tuesday amid ongoing jitters surrounding oversupply and as the prospect of a Russia-Ukraine peace deal appeared to strengthen,...
US stocks ends mixed after paring earlier losses
WALL Street’s main indexes pared some losses on Tuesday afternoon with the Nasdaq closing up, and the S&P 500 and the Dow closing lower, impacted by declines in healthcare...
Property tycoon Gordon Tang to acquire Suntec Reit manager
Tang and his affiliates currently own 35.7% of Suntec Reit, while the Reit manager ESR Trust Management (Suntec) owns 10.8%[SINGAPORE] Acrophyte Asset Management, controlled by property tycoon Gordon Tang,...
