SINGAPORE – Temasek Holdings has invested US$300 million (S$406.1 million) for a a 21.7 per cent stake in Hong Kong-based
Completed condo prices inch up again with 0.2% rise in May: NUS Index
SINGAPORE – Prices of completed private apartments and condominiums in Singapore inched up 0.2 per cent in May from the
RHTLaw Taylor Wessing names Azman Jaafar as managing partner
SINGAPORE – Singapore-based law firm, RHTLaw Taylor Wessing, has appointed founding member Azman Jaafar as its new managing partner with
Government trims industrial land supply again amid weaker growth outlook
SINGAPORE – The Government has reduced industrial land supply for the second half of 2019, as a global manufacturing slowdown
Auditor issues disclaimer of opinion on LionGold’s financial statements
SINGAPORE – LionGold Corp said on Thursday night (June 27) that its independent auditor Baker Tilly TFW has issued a
Housing loans extend drop in May but overall bank lending rises on business loans: MAS data
SINGAPORE – Unsurprisingly, housing loans in Singapore shrank for the fifth straight month in May, as cooling measures introduced last
Singtel promotes Ng Kuo Pin to next CEO of unit NCS
SINGAPORE – Singtel has appointed Ng Kuo Pin as chief executive officer of its wholly-owned subsidiary NCS with effect from
Sri Lankan leader extends state of emergency in surprise move
COLOMBO • A state of emergency was extended by Sri Lanka’s President yesterday, with the move seen as going back
Abu Sayyaf frees fishermen abducted off Sabah coast
Philippine security forces have found nine men abducted in waters off Sabah’s east coast last week by bandits linked to
Pretty good haul for ugliest dog
Pretty or not, looks mattered for this tiny mutt with sparse grizzled hair when he took home the top prize
North Korea says China ties ‘invincible’ as both countries endured Japanese rule
SEOUL • Pyongyang’s relationship with Beijing is “invincible” because both countries endured Japanese rule, North Korea has said, the day
Huawei sues US Commerce Dept over equipment seizure
WASHINGTON • Huawei has filed a lawsuit against the US Commerce Department, challenging whether telecommunications equipment it sent from China
China’s grip on rare earths puts focus on Australia
China’s veiled threats to cut its rare earth supply as part of its trade war with the United States have
World Front: Amazon gets patent for ‘surveillance’ drones
Amazon gets patent for ‘surveillance’ drones WASHINGTON • Amazon.com is exploring using drones not just to deliver packages but also
Aussie state’s euthanasia laws prompt debate
Victoria has become the only state in Australia to allow euthanasia, resurrecting an impassioned debate about the rights of terminally
Malaysian govt bids to take over 4 toll highways for $2b
PUTRAJAYA • The Malaysian government has made a RM6.2 billion (S$2 billion) bid to take over four toll highways in
Malay community’s special rights raised at PAS meeting
The Malay community’s special rights were raised at Parti Islam SeMalaysia’s (PAS) annual assembly yesterday, with a delegate warning that
Forever 21 looking at restructuring options
NEW YORK • Fast-fashion chain Forever 21 is in talks with potential lenders and restructuring advisers as it explores options
Rate cut may be needed soon, says Fed official
NEW YORK • The Federal Reserve may need to cut US interest rates soon to prop up inflation and counter
Keppel associate in deal to create offshore housing giant
Keppel Corp’s associate company, Floatel International, is merging with Oslo-listed Prosafe to create the world’s largest offshore accommodation provider, according
Asean must widen network of ties to cut its risks: Chan
It will take time to see progress in trade issues between the United States and China, and Asean can take
KKR eyeing sale of S’pore’s Goodpack for $2.7b
HONG KONG • KKR & Co is exploring a potential sale for Goodpack, a Singapore-based provider of intermediate bulk containers,
STI sees gains amid hopes of Fed rate cut
Trading remained cautious yesterday, but investors snapped up defensive plays and bargain counters amid hopes of a US rate cut,
Australia’s Telstra to cut 10,000 contractor jobs in two years
SYDNEY • Australia’s biggest telecommunications provider Telstra plans to cut a quarter of its contractors in two years, its chief
GIC holds 3% stake in Swiss private bank Julius Baer
ZURICH • Singapore has built up a stake of about 3 per cent in Julius Baer Group, providing a major