CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
Kalpana Rashiwala - This is 2.5% more than the S$1,820 psf ppr fetched for a nearby plot next to Newton MRT interchange station in November
CDL, Hong Realty outbid 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
Kalpana Rashiwala - This is 2.5% more than the S$1,820 psf ppr fetched for nearby plot next to Newton MRT interchange station in November
Evergreen funds making inroads into Asia: HarbourVest
Benjamin Cher - They offer advantages over traditional closed-end funds, such as reduced workloads for investors
Wall Street buckles up for SpaceX liftoff, hoping for a glitch-free ride
NEW YORK/SAN FRANCISCO, June 11 : As SpaceX prepares for its record-breaking $75 billion market debut with great fanfare, Wall Street traders, brokers and exchanges are working nonstop to make sure their trading systems can handle the blockbuster IPO and avoid the chaos that marred other highly anti ...
AirAsia X postpones Bahrain flight route due to regional conflict
The airline expects the service to start in August or September, subject to market conditions
British device maker Halma's shares slump on slower annual growth forecast
June 11 : British health and safety device maker Halma forecast organic constant-currency revenue growth for fiscal 2027 at a slower rate than the previous year, sending its shares down nearly 15 per cent on Thursday. Here are a few details: • The company expects to deliver low double-digit per
DBS initiates coverage on Centurion Corp with ‘buy’ call on strong bed growth visibility
Deon Loke - The brokerage initiates with a target price of S$1.86 per share
Meta starts unwinding Singapore-based Manus deal by splitting operations, data
Facebook’s owner has effectively put up a firewall between itself and the AI firm, which moved here in 2025
Meta starts unwinding Manus deal by splitting operations, data
The owner of Facebook and Instagram has effectively erected a firewall between itself and the agentic AI service
Cuscaden Peak sells 50% stake in South Australia mall for US$469 million
Ry-Anne Lim - Westfield Marion Shopping Centre is last piece of the Paragon Reit portfolio to be sold
European shares edge higher ahead of ECB rate verdict; Middle East tensions eyed
EUROPEAN shares inched higher in choppy trading on Thursday (Jun 11), with escalating tensions in the Middle East keeping investors cautious ahead...
World Bank says Indonesia's GDP to slow to 5% in 2026 as fiscal pressures rise
JAKARTA, June 11 : The World Bank said on Thursday that Indonesia's economic growth was expected to slow to 5 per cent in 2026 as it comes under increasing fiscal strain from an ambitious spending programme and the rising cost of fuel subsidies in the wake of the Iran war. The forecast by the W ...
Deezer launches free AI music detector for users of major streaming platforms
June 11 : French music platform Deezer has launched a free online tool to detect AI-generated tracks in playlists, available to users of all major streaming platforms, it said on Thursday.The company is also licensing its AI-detection technology to the wider music industry, building on earlier deals ...
Malaysia’s SD Guthrie working with Indonesia on palm oil plantation seizures: CEO
The firm says 2% of its land has been seized by the Indonesian task force, amounting to around 2,800 ha
Alibaba’s DingTalk chief departs after debate erupts over AI strategy
Chen Hang left his role and will be replaced by technologist Chen Yusen
Indonesian bonds resume decline as market confidence stays weak
Indonesian markets remain volatile
Musk to speak at chip tool giant ASML event ahead of SpaceX IPO
AMSTERDAM, June 11 : Elon Musk is expected to appear virtually at an event by computer chip equipment giant ASML on Thursday to discuss Terafab, his plan for a massive chipmaking plant to supply Tesla and IPO-bound SpaceX.The pricing of the initial public offering of Musk's SpaceX, potentially ...
Japan moves to regulate crypto like stocks in market growth push
The country approved the issuance of the first yen-backed stablecoin in 2025
LSEG slowly sheds ‘AI risk’ tag with drive to show growth
Analysts say LSEG improved communication on AI strategy, highlighting new revenue opportunities
China’s Hengli seeks West African, Middle Eastern oil after US sanctions: sources
Hengli said in late April it would seek a legal path for removal from the sanctions list
ECB set for ‘insurance hike’ as Iran war fans eurozone inflation
Inflation in the 21-country currency bloc is already above 3 per cent
ECB set for ‘insurance hike’ as Iran war fans euro zone inflation
Inflation in the 21-country currency bloc is already above 3 per cent
Alibaba, JD.com shares slide after Beijing slams price-cut promotions
The name-and-shame campaign marks the latest run-in between the market regulator and e-commerce juggernauts
JPMorgan doubles private bankers in Singapore team to top 50
The US bank also offers private banking services in Hong Kong and Australia in Asia
India's TCS partners with Anthropic to drive enterprise AI scaling
June 11 : India's Tata Consultancy Services has partnered with Anthropic to launch an alliance to drive enterprise AI scaling, the country's largest software services exporter said on Thursday.The partnership comes at a time when investors are concerned that AI tools will disrupt the tradi ...
DBS to offer tokenised physical gold to retail customers
SINGAPORE: DBS Group, Singapore's biggest bank by assets, said on Thursday (Jun 11) it will offer tokenised physical gold to retail customers as demand for the precious metal grows and the country
Singaporeans and PRs can now open OCBC Malaysia business accounts with Singpass
Jermaine Fok - The bank says applicants can complete identity authentication digitally as part of the process
Five areas to watch as renewed US-Iran hostilities rattle global markets
Shikhar Gupta - Capital is rotating into defensive, domestically oriented equities, including healthcare and consumer services
South Korea fines Coupang record 624.7 billion won for data leak
The e-commerce giant is widely popular in the country and is based in the US
BOJ governor Ueda’s absence fuels market nerves over rate meeting
Ueda is expected to miss the BOJ’s meeting and will refrain from casting a vote
Analysis:Japan governance reforms set to prise open $1.8 trillion cash hoard
TOKYO, June 11 : Proposed revisions to Japan's governance code that stress the need for efficient use of cash have raised expectations among investors that corporate hoarders will start to mobilise their $1.8 trillion money mountain.The revisions, to be finalised in the summer, could see compan ...
South Korea fines Coupang $409 million in country's largest data breach penalty
SEOUL: South Korea hit e-commerce giant Coupang with a record US$408 million fine on Thursday (Jun 11) over a leak that allegedly exposed more than 30 million customers' data and has provoked the ire of US lawmakers.Coupang, the country's largest online retail platform, signalled in a stat ...
Indonesia’s Danantara eyes US$1 billion bond sale in test of investor appetite
Investor bids for those bonds exceed US$1.5 billion as of the Asian afternoon
Indonesia’s Danantara launches global US dollar bond, eyes US$1 billion, sources say
The offering is getting underway after investors pulled billions of US dollars from the nation’s stocks so far this year
