Business
LMIRT Q1 net property income dips 2.4% to S$29.2 million
Lippo Malls Indonesia Retail Trust (LMIRT) on Monday (Apr 28) posted a 2.4 per cent decline in net property income to S$29.2 million for…
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Business
Business
Investing in influencers – Azure Capital partners Gushcloud in fund to support creators, with up to 12.5% returns
The Azure-Gushcloud Entertainment Finance Fund, launched in February 2025, has successfully reached its initial target of raising S$10…
Business
Ant Group enters brokerage business with HK$2.81 billion Bright Smart buy
Ant Group, an affiliate of China’s e-commerce giant Alibaba Group, is buying a HK$2.81 billion (S$476 million) controlling stake in Bright…
Business
CapitaLand Ascendas Reit reports positive rental reversions despite dip in occupancy in Q1
CapitaLand Ascendas Real Estate Investment Trust (Clar) reported a growth in portfolio rental reversions of 11 per cent in the first…
Business
China claims no need for US grain as Brazil supplies grow
China’s grain supply will not be affected by a loss of US feed grain and oilseed imports, thanks to abundantly available substitutes on…
Business
Sats’ WFS opens US$270 million cargo terminal at JFK Airport
Worldwide Flight Services (WFS) has partnered the Port Authority of New York and New Jersey and global investment manager Realterm to open…
Business
The Impossible Contradictions of Mark Twain
In 1857, Sam stumbled into the job that would shape his identity. Aboard a southbound steamboat—part of some half-baked scheme involving…
Business
China approves construction of ten new nuclear reactors
China has approved the construction of ten new nuclear reactors, making 2025 the fourth consecutive year that it has endorsed the…
Business
Singapore stocks close lower on Monday; STI falls 0.3%
The biggest decliner on the index is UOB, and the top gainer is Yangzijiang Shipbuilding Shares on the Singapore market ended lower on…
Business
Singapore Savings Bond demand falls short by over S$200 million; 10-year return down at 2.69%
The latest tranche offers a first-year interest rate of 2.49%, declining from 2.73% in April’s issuance The latest Singapore Savings Bond…
Business
Honda global vehicle output drops 9% in Q1
Japanese automaker Honda Motor Company reported a 3.4% fall in global production to 329,664 units in March 2025, from 341,092 units in the…
Business
Sweetgreen’s CEO on Robots, RFK Jr. and Why Salads Are So Expensive
When Jonathan Neman was a student at Georgetown in the mid-2000s, he and some friends wanted to start a restaurant. A fast-food…
Business
Latest NZ$2.80-per-share offer by CDL Kiwi unit still ‘too low and inadequate’: M&C New Zealand
The independent directors of Millennium and Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase…
Business
Latest NZ$2.80-per-share offer by CDL unit still ‘too low and inadequate’: M&C New Zealand
The independent directors of Millennium & Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase…
Business
Inventory Management: Stop the Bleeding
Managing inventory effectively is essential for any business that wants to stay afloat and thrive. Poor inventory management can lead to…
Business
Aster Chemicals to bid for Exxon Mobil's Singapore fuel stations, sources say
Aster Chemicals and Energy, the new operator of the Bukom refining complex, is planning to bid for ExxonMobil’s petrol stations in…
Business
Hwa Hong, Wing Tai, Teo family consortium launches bid to take Amara private at S$0.895 a share
Amara on Monday (Apr 28) received a voluntary conditional general offer at S$0.895 per share from a consortium led by property company Hwa…
Business
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
Mortgagee listings in Singapore property auctions rose in the first quarter of 2025 as distressed sales due to the last two years of high…
Business
Toyota Industries shares set to surge on potential buyout by Toyota Motor
Shares of Toyota Industries were set for their biggest daily jump on record on Monday (Apr 28) after Japanese automaker Toyota said it was…
Business
Airbus to take over Spirit asset as part of Boeing reintegration
Airbus reached a final agreement to take over some assets and sites from Spirit AeroSystems Holdings, clearing the way for the struggling…
Business
iFast plunges 12% after cutting its Hong Kong profit guidance
This is after the company lowered its 2025 Hong Kong profit before tax target to HK$380 million from HK$500 million iFast shares plunged…
Business
Xiaomi-backed robot vacuum brand Roborock is said to consider Hong Kong listing
Hang Seng Index has fared better than most, rising almost 10 per cent this year, despite an early April slide Robot vacuum maker Beijing…
Business
The Dollar’s Weakness Creates an Opportunity for the Euro. Can It Last?
President Trump’s shake-up of the global trade system has sent tremors through the long-held view that the United States is the source of…
Business
Asia: Markets mixed on Monday as investors eye trade talks
Asian stocks were mixed on Monday as investors assess how the land lies on the trade war front with countries seeking to temper Donald…