The crypto world has experienced a rough couple of months, with the space witnessing the most recent collapse of what was the second largest crypto exchange FTX, in addition to the prior fall of leading crypto hedge funds like Three Arrows Capital as well as the dramatic crash of TerraUSD and Luna w...

The deliberations at this year’s United Nations Climate Change Conference (COP27) suggest that while policymakers realise the urgency of combating climate change, they are unlikely to reach a comprehensive collective agreement to address it.But there is still a way for the world to improve the cha...

The Stewardship Asia Centre (SAC) has unveiled its inaugural Steward Leadership 25 (SL25), an annual list of 25 initiatives from organisations in the Asia Pacific region that create sustainable economic value.SAC is a non-profit organisation established by Temasek in 2014. The SL25 was unveiled with...

Going into 2023, the Singapore REITs (S-REITs) sector may face growing scrutiny on their distribution per unit (DPU) resilience, say CLSA analysts Wong Yew Kiang and Mog Shi Xian. The sector may also see the possibility of asset write-downs from the expansion of cap rates, they add.Earlier in Novemb...

The US’ tech curbs against China are but a temporary obstacle and will not succeed. Rather, the Americans’ increasingly hostile rhetoric may turn ethnic Chinese against the US, says Singapore’s former Foreign Minister George Yeo.“Many of those involved in developing technology are ethnic Chi...

Crypto markets face weeks of deleveraging in the fallout from the crisis at digital-asset exchange FTX.com, a period of upheaval that could push Bitcoin down to $13,000, according to JPMorgan Chase & Co. strategists.A “cascade of margin calls” is likely underway given the interplay between t...

DBS Group Holdings and six partners have launched the second cycle of Sustaintech Xcelerator, a six-month, climate-focused hybrid accelerator programme.Organised in partnership with Temasek, GenZero, Google Cloud, the World Bank, Capgemini and the Centre for Nature-based Climate Solutions at the Nat...

DBS Group Research analysts Geraldine Wong, Dale Lai, Rachel Tan and Derek Tan believe that most Singapore REITs (S-REITs) are able to keep within a 45% gearing ratio level — a “market comfortable” level which could potentially drive a re-look at credit ratings.In their Nov 3 note, the analyst...

In recent weeks, several members of the Glasgow Financial Alliance on Net Zero (GFANZ) – a group of 450 financial institutions – have quit over concerns about the cost of delivering on their climate commitments. In dropping out, they have given the lie to the notion that private financial instit...

BEIJING : Remnants of China's most powerful rocket, the Long March 5B, re-entered the atmosphere on Friday at 6:08 p.m. Beijing time (10:08 GMT), China Manned Space said. Most of the remnants burnt up during re-entry and remaining remnants landed in area with coordinates 101.9 degrees west, 9.9...

WASHINGTON : The powerful Jan. 15 underwater eruption of Tonga's Hunga Tonga-Hunga Ha'apai volcano in the South Pacific produced a plume that soared higher into Earth's atmosphere than any other on record - about 35 miles (57 km) - as it extended more than halfway to space, researcher...

Singapore is keeping pace with the latest developments in water, energy and climate but the nation’s actual progress on waste, biodiversity and gender equality still lags behind fixed targets and commitments.Deloitte’s Southeast Asia Sustainability Ambitions 2022 report, released in October, out...

Asiaphos Limited announced, on Oct 31, that it has received the final instalment of RMB11 million ($2.1 million) representing the balance of the consideration for the sale of Phase 2 Factory Assets and an amount of RMB0.882 million representing interest from Sichuan Mianzhu Huaxinfeng Food.Asiaphos�...

FLAGSHIP Chinese publication of Singapore Press Holdings Lianhe Zaobao inked a memorandum of understanding (MOU) with artificial intelligence (AI) company SenseTime on Monday (Oct 31) to digitalise the newspaper’s work processes for visual content. 

The Energy Market Authority (EMA) has appointed Sembcorp Industries to build, own and operate 200 megawatt/200 megawatt-hour (MW/MWh) of energy storage systems (ESS) in Jurong Island, the regulator announced on Oct 26.Following Sembcorp’s appointment in June, the ESS is currently being installed a...