Business
Denso in talks to buy Temasek-backed seed maker for US$500 million
Denso is in final talks to buy a Temasek-backed seed supplier for around US$500 million, as the Japanese vehicle parts supplier deepens…
Section
Business
Business
Hong Kong bourse plans to start zero-day options trading in 2026
Hong Kong’s stock exchange is seeking to launch options that expire within a day as early as the first half of 2026, bringing to the Asian…
Business
Japanese bonds yields fall ahead of test at 40-year auction
Yields on Japanese super-long bonds fell ahead of an auction on Wednesday (May 28) that is expected to test demand following a recent sale…
Business
Stocks to watch: Sembcorp, Bukit Sembawang, SBS Transit, Boustead
THE following companies saw new developments that may affect trading of their securities on Tuesday (May 27): Sembcorp: Its subsidiary…
Business
Singapore-based Quadria’s 3rd healthcare fund closes at US$1.1 billion, above US$800 million target
Quadria Capital, a Singapore-based private equity (PE) firm, announced on Tuesday (May 27) the final close of its third healthcare fund at…
Business
Buyout on Hold: Seven & i investors eye execution before backing deal or strategy
The annual meeting of Seven & i Holdings shareholders is likely to be a low-key event, despite the drama surrounding a company facing a…
Business
TargaZyme wants to cure cancer by improving stem cell delivery to diseased organs
After watching her family members go through painful treatment methods to deal with their cancer diagnoses, Lynnet Koh turned to cell…
Business
Trump Media to raise US$3 billion to spend on cryptocurrencies: report
The company behind Truth Social, a streaming and social media platform, has been exploring potential mergers and acquisitions as it aims…
Business
RBNZ set to make sixth rate cut and signal bias to more easing
New Zealand’s central bank is set to cut interest rates for a sixth straight meeting and signal it’s open to further easing as US trade…
Business
Iron ore stays relevant despite China’s faltering property sector as demand drivers evolve
Iron ore, the backbone of China’s steel-fueled boom for more than two decades, is facing a pivotal demand shift. The ferrous metal’s…
Business
Red Sox Trade Idea Ships Out $3.75 Million All-Star, Calls Up Roman Anthony
The San Diego Padres are looking for a left fielder. And they should be. According to MLB Trade Rumors, "no team in baseball has gotten…
Business
Bukit Sembawang Estates H2 FY2025 earnings goes up 13% to S$51.4 million
Property developer Bukit Sembawang Estates reported a net profit after tax of S$51.4 million for the second half of its financial year…
Business
Bukit Sembawang Estates H2 FY2025 earnings up 13% at S$51.4 million
Property developer Bukit Sembawang Estates reported a net profit after tax of S$51.4 million for the second half of its financial year…
Business
Bukit Sembawang H2 earnings up 13% at S$51.4 million; company proposes higher special dividend
Property developer Bukit Sembawang Estates reported net profit after tax of S$51.4 million for the second half of its financial year…
Business
Boustead’s H2 profit up 48 per cent to S$59.1 million
Engineering and technology group Boustead Singapore’s net profit for the six months ended Mar 31, 2024, increased 58 per cent to S$59.1…
Business
HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders
China Mobile’s HK$7.8 billion (S$1.3 billion) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based…
Business
Four energy companies from Malaysia, Singapore, Vietnam ink deal to explore clean energy export from Vietnam
Alliance reflects growing momentum towards a regionally integrated Asean Power Grid Four energy companies from Malaysia, Singapore and…
Business
Maybank Q1 net profit rises 4% to RM2.6 billion
Maybank’s net profit for the quarter ended Mar 31, 2025, increased 4 per cent to RM2.6 billion (S$790 million), up from RM2.5 billion in…
Business
Volvo Cars to cut 3,000 jobs in restructuring
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a…
Business
China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global trade China’s central bank asked its…
Business
Singapore shares fall amid mixed regional showing; STI down 0.2%
Across the broader market, decliners edge out gainers 268 to 220, after 894.4 million securities worth S$751.7 million change hands Shares…
Business
China tests US ally in disputed waters
South Korea—a United States ally in Northeast Asia—has voiced its concerns over China's unilateral declaration of "no-sail zones" in the…
Business
“Your Friends and Neighbors” and the Perils of the Rich-People-Suck Genre
The first episode of the new Apple TV+ drama “Your Friends and Neighbors” takes pains to explain how one can rake in…
Business
Chinese food delivery giant Meituan net profit up 46.2% in first quarter
The company controls nearly 70% of China’s delivery market, but rising competition could drive up costs and squeeze margins, analysts say…