News

Singtel’s Optus appoints non-executive director John Arthur as new chair
[ad_1] [SINGAPORE] Singtel’s Australian subsidiary Optus has appointed John Arthur, a non-executive director, as its new board chairman with effect from Monday (Aug 25). Arthur replaces outgoing chairman Paul O’Sullivan,...
Dongfeng Motor Group at near eight-year peak on privatisation plan
[ad_1] Regulators in Beijing have recently stepped up scrutiny of the intense competitionPublished Mon, Aug 25, 2025 · 11:07 AM[HONG KONG]Shares of Chinese state-owned automaker Dongfeng Motor Group surged 69.2...
Stocks to watch: MPACT, First Resources, Sabana Reit, Lum Chang Holdings, Raffles Education, Creative Technologies
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Aug 25):Mapletree Pan Asia Commercial Trust (MPACT): The manager of MPACT announced on...
Circles to benefit from industry consolidation: CEO Rameez Ansar
[ad_1] [SINGAPORE] The recent moves towards more consolidation in the telco space will allow companies such as Circles to focus on innovation, said Rameez Ansar, co-founder and chief executive officer...
Spotify flags price rises as it introduces new services: FT
[ad_1] Published Sun, Aug 24, 2025 · 07:54 PM[BENGALURU] Spotify will raise prices as it invests in new features and targets one billion users, the Financial Times reported on Sunday...
Singapore-headquartered Mirxes to join Alibaba, Tencent on Hang Seng Composite Index
[ad_1] [SINGAPORE] Home-grown biotech firm Mirxes will join the Hang Seng Composite Index on Sep 8, the startup announced on Saturday (Aug 23). The Hang Seng Composite Index is a benchmark...
Wave of director acquisitions as local rally takes a breather
[ad_1] [SINGAPORE] Over the five trading sessions from Aug 15 to 21, institutions were net sellers of Singapore stocks, with net institutional outflow of S$53 million after the heavier S$465...
Databricks to buy Sequoia-backed Tecton in AI agent push
[ad_1] [TORONTO] Databricks will acquire machine learning startup Tecton to expand its artificial intelligence (AI) agent offerings, the latest in a string of deals aimed at offering full-scale AI building...
Boeing, striking defence workers union to start talks on Aug 25
[ad_1] The company has held informal discussions with labour leaders since the strike beganPublished Sat, Aug 23, 2025 · 01:30 PM[LOS ANGELES] Boeing and union leaders representing striking workers at...
China’s Dongfeng plans to list EV unit, take rest private
[ad_1] [NEW YORK] Dongfeng Motor Group plans to withdraw its Hong Kong shares in a new twist on a long-awaited restructuring, part of a transaction that will result in a...
China’s Longi Green narrows loss as solar installations surge
[ad_1] Chinese authorities have amped up their rhetoric against so-called involution, pledging to put an end to the ruinous competition that bedevils a number of Chinese industriesPublished Sat, Aug 23,...
Oil prices rise, make weekly gains as Ukraine peace process stalls
[ad_1] [HOUSTON] Oil prices steadied on Friday (Aug 22) amid uncertainty surrounding a potential peace deal between Russia and Ukraine, with prices gaining on the week for the first time...