News

UltraGreen.ai to tailor response to US rivals’ pricing and distribution
Its CEO remains confident in its long-term strategy, competitive position and prospects[SINGAPORE] UltraGreen.ai will calibrate its commercial response to new US competitors based on their pricing, distribution approach and...
Singapore stocks end lower on Monday; STI down 0.1%
Published Mon, Aug 24, 2026 · 06:43 PM[SINGAPORE] Singapore stocks ended lower on Monday (Aug 24).The benchmark Straits Times Index (STI) lost 0.1 per cent or 8.50 points to...
Temasek’s Azalea raises over US$1 billion despite ‘challenging’ environment for private equity
[SINGAPORE] Azalea Investment Management on Monday (Aug 24) announced it has raised more than US$1 billion in new capital commitments across three private equity (PE) offerings.These include US$526 million...
Shein to pay up to US$3.5 billion to select pre-IPO investors around Hong Kong listing
Published Mon, Aug 24, 2026 · 03:26 PM[HONG KONG] Online fast fashion retailer Shein will pay up to US$3.5 billion to selected existing investors – almost twice the fresh...
Alibaba shares slide after US$10.2 billion AI share sale offered at sharp discount
The firm’s share sale is the largest-ever primary follow-on offering by a Hong Kong-listed companyPublished Mon, Aug 24, 2026 · 03:08 PM[SHANGHAI] China’s Alibaba shares slumped in Monday (Aug...
Singapore should anchor hedge fund decision-makers, nurture home-grown managers amid regional talent war: industry watchers
Cultivating local funds and talent pool entrenches the decision-makers who truly drive capital here[SINGAPORE] As tax advantages narrow across competing financial hubs, Singapore’s true competitive edge will depend on...
Nvidia discusses Perplexity investment at valuation of more than US$30 billion: report
Published Mon, Aug 24, 2026 · 12:42 PMNVIDIA is in talks to invest in Perplexity as part of an equity funding round that would value the AI startup at...
FTSE’s reshuffle may give Vietnam stocks a US$3 billion boost
The index provider says 27 Vietnamese stocks will be added to its benchmarks, including the emerging-market gaugePublished Mon, Aug 24, 2026 · 11:55 AMVIETNAMESE stocks may be poised to...
Nikkei wavers as AI stocks weigh ahead of Nvidia earnings
Published Mon, Aug 24, 2026 · 11:04 AM[TOKYO] Japan’s Nikkei share average moved between small gains and losses on Monday (Aug 24), with artificial intelligence-related shares under pressure ahead...
DBS rolls out career advisory service to help employees navigate AI-driven change
‘Bigger prize’ in capturing AI’s value lies in redesigning jobs so workers can do higher-value work, says Tan See Leng[SINGAPORE] DBS has launched a new in-house career advisory service...
OUE unit proposes to privatise OUE Healthcare in S$0.05 per share scheme deal
The price offers a 28.2 per cent premium over the last transacted share price of S$0.039 on Aug 21[SINGAPORE] Mainboard-listed OUE’s wholly-owned subsidiary, Treasure International Holdings, has proposed the...
Oil falls 1% ahead of US announcement to impose further sanctions on Iran
Published Mon, Aug 24, 2026 · 07:41 AM[SINGAPORE] Oil prices slipped 1 per cent on Monday (Aug 24) as investors took profit ahead of an expected announcement from Washington...