News

Singapore reviewing short seller claim against India’s Vedanta
[ad_1] The Singapore Police Force replied to Viceroy’s complaint, assigning it a reference number indicating it was reviewing the matter[LONDON] The Singapore Police Force (SPF) is reviewing a complaint by...
Philippines central bank tightens rules on large cash withdrawals amid graft crackdown
[ad_1] The new rule comes amid a government-led anti-corruption crackdown on infrastructure projects[MANILA] The Philippine central bank has tightened the noose on large cash withdrawals, ordering banks to conduct “enhanced...
Thai central bank intervenes to slow currency moves
[ad_1] The currency’s strength relative to regional peers is seen as a threat to exports and tourism[BANGKOK] Thailand’s central bank has intervened to slow the Thai currency’s movement, an assistant...
Race to make smart glasses relevant heats up again with new tech from Meta and Snap
[ad_1] More than a decade ago, pricey smart glasses that allowed people to snap photos, text and browse the web generated a lot of buzz but also resistance.People who wore...
ComfortDelGro to start hotline bookings, doorstep pick-ups for cross-border taxi rides from Sep 25
[ad_1] [SINGAPORE] Travellers heading to Johor Bahru can book a cross-border ride from anywhere in Singapore through ComfortDelGro’s (CDG) hotline from Sep 25.The transport giant announced the new initiative in a Facebook...
Nvidia invests US$5 billion in Intel, plans to co-design chips
[ad_1] [SANTA CLARA, CALIFORNIA] Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to help prop...
Sunway Group to buy Hongkong Land’s property arm MCL Land for S$738.7 million
[ad_1] [SINGAPORE] Real estate group Hongkong Land Holdings will sell its Singapore and Malaysian property arm MCL Land to Malaysia’s Sunway Group in a S$738.7 million cash deal, the companies said...
Japan’s Nikkei closes above 45,000 for first time on tech boost, Fed decision
[ad_1] [TOKYO] Japan’s Nikkei share closed above 45,000 for the first time on Thursday (Sep 18), underpinned by technology shares, as optimism swept into the market following the US Federal...
Troubled Gucci gets new CEO as Luca de Meo takes over Kering
[ad_1] KERING appointed Francesca Bellettini as the new head of its troubled Gucci label on Wednesday as Luca de Meo took over the reins of the French luxury group.Bellettini, who...
US: Wall St opens flat ahead of Fed’s policy decision
[ad_1] [NEW YORK] Wall Street’s main indexes opened subdued on Wednesday (Sep 17) ahead of a widely anticipated interest-rate cut from the Federal Reserve later in the day, while Nvidia...
Indonesia central bank delivers surprise rate cut to boost growth
[ad_1] [JAKARTA] Indonesia’s central bank delivered another surprise interest rate cut on Wednesday (Sep 17), its sixth cut since it kicked off an easing cycle in September last year, saying...
Former Hyflux legal officer not aware of power plant in bid for Tuaspring project
[ad_1] [SINGAPORE] The former legal officer of Hyflux tasked with reviewing the water purchase agreement for the company’s tender for the Tuaspring integrated water and power project did not know...