News

Banks initially not told of power plant to prevent information leak, court told
[ad_1] It was kept from lenders to protect company’s strategy from rivals, Olivia Lum’s counsel says [SINGAPORE] Hyflux had initially withheld from bank lenders certain information about the Tuaspring project,...
Asia: Markets cool as Trump begins Japan visit
[ad_1] The buoyant mood has been defying tumultuous trade tensions between Beijing and Washington[HONG KONG] Asian markets opened slightly cooler on Tuesday (Oct 28) as traders kept an eye on...
Paramount to ax 1,000 jobs Wednesday in first round of cuts
[ad_1] [LOS ANGELES] Paramount Skydance will begin a major round of layoffs with 1,000 job cuts on Wednesday (Oct 29), according to a source familiar with the company’s plans.A second...
Singapore drafts framework for cross-border trade of renewable energy certificates within Asean
[ad_1] The framework aims to help countries standardise their approaches for the tracking and accounting of cross-border RECs[SINGAPORE] Singapore, along with an international standard setter for energy attributes, has developed...
Stocks to watch: Cordlife, Seatrium, First Reit, CICT, KIT, Keppel Pacific Oak US Reit
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 28): Cordlife : The cord blood bank said on Monday it had...
CICT’s Q3 net property income rises 1.6% to S$294.4 million
[ad_1] [SINGAPORE] CapitaLand Integrated Commercial Trust’s (CICT) net property income (NPI) grew 1.6 per cent year on year to S$294.4 million for the third quarter ended September 2025, while revenue...
Amazon targets as many as 30,000 corporate job cuts: sources
[ad_1] The figure represents a small percentage of Amazon’s 1.55 million total employees, but nearly 10 per cent of its roughly 350,000 corporate employees[SAN FRANCISCO] Amazon is planning to cut...
Qualcomm to take on Nvidia with its own AI chips
[ad_1] Qualcomm on Monday announced the release of a new series of artificial intelligence chips to compete with the market leader Nvidia, as the race to cash in on the...
Cordlife submits information to MOH by extended deadline it was given
[ad_1] [SINGAPORE] Embattled cord blood bank Cordlife announced on Monday (Oct 27) that it had submitted on the same day the necessary written representations to the Ministry of Health (MOH)...
China securities regulator unveils plan to ease foreign investor access
[ad_1] Qualified foreign investors will also be allowed to use exchange-traded fund options [BEIJING] The China Securities Regulatory Commission (CSRC) launched a new plan on Monday (Oct 27) to streamline...
US: Wall Street opens at record highs on US-China trade hopes
[ad_1] WALL Street’s main indexes opened at record highs on Monday (Oct 27), as expectations of a US-China trade truce fuelled risk-taking in a week packed with Big Tech earnings...
China’s central bank to resume bond trading on open market
[ad_1] China’s 10-year government bond yield fell sharply by 2 basis points following comments by PBOC governor[BEIJING] China’s central bank will resume buying and selling treasury bonds on the open...