South Korea's SK Hynix to launch $28 billion US listing to ride global AI wave
July 6 : South Korean chipmaker SK Hynix will on Monday launch its about $28 billion U.S. listing, according to its regulatory filings, in one of the world's largest new share sales as it capitalizes on the global AI boom.The company will sell 17.79 million new shares in the depository receipt ...
Hyundai Motor showcases humanoid at World Cup in robotics push
The rapid rise of robots has stoked job security concerns around the world
Alibaba gets reprieve on lobbying ban tied to US Defense Department blacklist
On Jun 8, the Pentagon adds Alibaba to its roster of Chinese military companies operating in the US, known as the 1260H...
Samsung likely to post 18-fold jump in profit on surging AI demand for memory
SEOUL, July 6 : Samsung Electronics is likely to estimate that its operating profit jumped about 18-fold to another record high from a year earlier in the second quarter, as AI growth continues to strain memory supply and push chip prices higher. On Tuesday, the world's largest memory chipmaker ...
Singapore enters next phase of 5G roll-out as telcos achieve nationwide coverage
Young Zhan Heng - M1 and StarHub's older 5G networks already retired; Singtel and Simba have not said when they will complete the transition
Steady returns keep shareholders invested amid global uncertainty: GP Industries CEO
Meera Pathmanathan - Company proposed a FY2026 dividend of S$0.035 per share, versus S$0.03 apiece last year
Revised takeover code: Dealmakers welcome targeted guidance instead of ban on deal protection
Jean Low - New rules cap break fees, tighten disclosure requirements and give target boards greater guidance
Philadelphia Semiconductor Index shows signs of near-term exhaustion
The Philadelphia Semiconductor Index (SOX) is a modified capitalisation-weighted index that tracks the performance of US-listed equities in the semiconductor sector. The...
World Cup fever: After-hours matches leave Singapore businesses on the bench
Meera Pathmanathan - F&B operators are staying selective as late kick-off timings raise cost and labour considerations
Singapore enters next phase of 5G roll-out as telcos achieve nationwide coverage; customer transition in progress
Young Zhan Heng - M1 and StarHub's older 5G networks already retired; Singtel and Simba have not said when they will complete the transition
Oil drops as flows in Hormuz persist and Opec+ flags more supply
Wall Street banks have forecast that prices have scope to slump further this half
Japan’s love of plastic tested by supply constraints
The country ranks second in the world for per-capita plastic packaging waste, behind only the US
The supertanker tycoon making millions on Hormuz shuttle runs
Sinokor has emerged as a major owner of supertankers moving crude out of the Persian Gulf
Commentary: The fragile reopening of Hormuz is no return to normal for Asia
A return to pre-war normalcy in the Strait of Hormuz is likely to be slow. This holds implications for Asia, says Coface chief APAC economist Bernard Aw.
UK budget airline easyJet ready to accept US$7.3 billion takeover bid from Castlelake
EasyJet has struggled to recover since the Covid-19 pandemic
SK Hynix seeks access to AI investors in US$29 billion Nasdaq listing
THIS week’s US$29 billion US stock-market listing for SK Hynix may be the biggest-ever first-time share sale by a foreign company, but...
Gold heads for first weekly gain since May on easing Fed outlook
Bullion rises towards US$4,200 an ounce, up 2.2% for the week
Metrocon eyes SGX listing through Hatten Land
The S$28 million acquisition will be via the issuance of 107.7 million new shares at S$0.26 each
Nvidia supplier Hon Hai reports surging sales on solid AI demand
Q2 sales rise 40% to US$79 billion, higher than analysts’ expectations
South Korea to create future fund from chip windfall to spur growth, tackle inequality
A top official says the government will use the "Future Response Fund" to help finance major national investment projects and strengthen the country's long-term competitiveness.
Frasers Property’s big asset shuffle: Controlling shareholder helping it drive value and stay listed
Ben Paul - Investors may have to wait for the latent value of its shares to be fully realised in an apathetic market
FPL’s big asset shuffle: Controlling shareholder support is helping it drive value and stay listed
Ben Paul - Investors may have to wait for the latent value of its shares to be fully realised in an apathetic market
Opec+ ratifies planned oil quota hike as Gulf flows rebound
The group agrees to add 188,000 barrels a day to August output target
Opec+ set to clear another oil output increase: sources
The group is said to have agreed in principle to increase quotas by 188,000 barrels per day from August
Four wild cards stand between Vietnam and its 11.9% H2 growth target
Jamille Tran - The country is trying to shift into an even higher gear after H1 growth topped 8%
135-year-old Bukit Timah Waterworks: Heritage board assessing its national significance
Various studies will inform potential future uses of the site, say NHB and PUB
OPEC+ approves further oil output increase as Hormuz exports start to recover
LONDON: OPEC+ has agreed a further increase in output targets from August, the group said in a statement on Sunday (Jul 5), adding to global supply at a time when oil prices are falling due to the gradual reopening of the Strait o
Nearly a million investors lost a total of US$3.8 billion on Trump crypto coin
[WASHINGTON] An up-to-date tally of Trump followers turned crypto investors is in. And for them, the overall results are remarkably bad.
PM Wong to visit Jakarta on Monday for annual leaders’ retreat with Indonesia’s Prabowo
Renald Yeo - The meeting will ‘explore pathways to strengthen collaboration in areas of mutual interest and benefit’
Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal: FT
The American firm has shelved launches in five of the seven countries it had targeted for growth in 2026
Tiong Woon’s next heavy lift: S$200 million revenue by FY2030, as it expands beyond crane rental
Ry-Anne Lim - CEO Michael Ang says the group is keeping gearing low as it explores overseas M&A opportunities
A week of insider buying and company buybacks
Over the five sessions, more than 120 director interests and substantial shareholdings were filed for around 50 primary-listed stocks
Tiong Woon’s next heavy lift: S$200 million revenue target by FY2030, as it expands beyond crane rental
Ry-Anne Lim - CEO Michael Ang says the group is keeping gearing low as it explores overseas M&A opportunities
The week of insider buying and buyback activity
Over the five sessions, more than 120 director interests and substantial shareholdings were filed for around 50 primary-listed stocks
