Business
Blue Ant Media Goes Public in Reverse Takeover of Boat Rocker Media
Blue Ant Media will acquire publicly traded Boat Rocker Media through a reverse takeover, bringing founder Michael MacMillan back to the…
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Business
Business
Morrisons to close 52 cafes and 17 convenience stores
Supermarket chain Morrisons is to shut 52 cafes and 17 convenience stores, putting hundreds of jobs at risk. The retailer will also close…
Business
US: Wall St opens higher on Trump's softened tariff stance
US stock indexes opened higher on Monday (Mar 24), helped by signs the Trump administration is taking a measured approach on tariffs…
Business
Prudential launches dedicated space for high-net-worth customers to capture wealth management demand
As life insurers increasingly focus on high-net-worth (HNW) clients and expand their wealth management services, Prudential has introduced…
Business
Second Serve: What's happening with Carlos Alcaraz and how Alexandra Ebala is blazing a trail
Alcaraz's struggle to find consistency demonstrates - if we didn't already know - how hard it is for the world's leading players to…
Business
BYD surpasses US$100 billion in annual sales, beating estimates
BYD’s sales last year surpassed the US$100 billion mark, leapfrogging Elon Musk’s Tesla on revenue, as the Chinese auto giant wows…
Business
Bad Bunny’s Underwear Campaign Generates $8.4 Million in Media Exposure for Calvin Klein
Calvin Klein has struck marketing gold again. The brand’s latest underwear campaign featuring international music sensation Bad Bunny…
Business
ESR Reit completes sale of two logistic warehouses for S$6.8 million
THE manager of ESR Real Estate Investment Trust (ESR Reit) has completed the divestment of two logistics properties in Singapore for S$6.8…
Business
ESR Reit completes sale of logistic warehouse for S$6.8 million
THE manager of ESR Real Estate Investment Trust (ESR Reit) has completed the divestment of a logistics property in Singapore for S$6.8…
Business
DBS' new CEO eyes 'bolt-on' acquisitions to bolster tech capabilities
DBS Group’s incoming CEO Tan Su Shan is eyeing “bolt-on” acquisitions that align with the Singaporean lender’s digital and AI-driven…
Business
DBS’ new CEO Tan open to ‘bolt-on’ acquisitions
DBS Group’s incoming CEO Tan Su Shan is open to “bolt-on” acquisitions, and will focus on boosting the Singaporean lender’s high-return…
Business
GuocoLand names new managing director for China business
Kevin Zhou will oversee the group’s operations there, including its portfolio of developments and investment assets Property developer…
Business
China’s Xiaomi to raise up to US$5.27 billion from share sale
The money raised is earmarked for business expansion, investment in research and technology development and general corporate purposes…
Business
Elliott has built significant stake in Sumitomo Realty: sources
ELLIOTT Investment Management has built a sizeable stake in Japanese real estate developer Sumitomo Realty & Development Co, said people…
Business
AI boom turns Asian data centres into magnets for loan deals
Artificial intelligence advances are fuelling a funding frenzy for data centres in Asia, spawning a series of record-breaking loans and…
Business
Singapore shares rise on Monday; STI up 0.3%
Singapore shares ended higher on Monday (Mar 24), bucking a regional trend. The Straits Times Index (STI) rose 0.3 per cent or 9.88 points…
Business
More potential data centre acquisitions, exclusive deals for Keppel DC Reit
The manager of Keppel DC Real Estate Investment Trust (Keppel DC Reit) plans to capitalise on sponsor Keppel’s intended expansion of its…
Business
BlackRock shifts to US junk bonds with ECB set to slow rate cuts
BlackRock is taking advantage of recent outperformance in European credit markets to sell some junk bonds there and buy more in the US in…
Business
Malaysia central bank sees significant growth hurdles ahead
Malaysia’s central bank said that growth risks loom large in its monetary policy considerations, as brewing global trade disputes and…
Business
Ex-Citigroup Asia managing director Shaw sues bank in Hong Kong
Philip John Shaw, a former head of Pan-Asia Execution Services at Citigroup, sued the US bank to contest his summary dismissal in March…
Business
Global investors tout improving China sentiment at Milken event
Global investors are seeing signs of improving sentiment towards China, though it will take more conviction for big, long-only funds to…
Business
Japan's Nikkei dips as looming US tariff deadline spurs caution
Japan’s Nikkei share average declined for a third straight session on Monday (Mar 24) as uncertainty ahead of a looming deadline for…
Business
Temasek’s asset manager Seviora expands to the Middle East
Seviora Group, an asset manager that is wholly owned by Temasek, is widening its reach by opening its first office in the Middle East.…
Business
DFI up 5.8% on sale of Singapore food business
It is selling its Singapore food business to South-east Asian retail conglomerate Macrovalue (Malaysia) for an initial purchase price is…