News

mm2 Asia seeks to delay S$54 million bond repayment by six years
[ad_1] [SINGAPORE] Embattled entertainment group mm2 Asia has proposed to amend a S$54 million-bond deal that was set for redemption in December.In a non-binding memorandum of understanding with its bondholder,...
These California metro areas are among the most AI-ready in the nation
[ad_1] Despite suggestions it has been losing its edge, California is way ahead of others when it comes to the hottest technology right now: artificial intelligence. The regions around San...
HRnetGroup appoints 10 new business leader co-owners 
[ad_1] [SINGAPORE] HRnetGroup has appointed 10 new business leader co-owners, following the retirement and departure of certain leaders, to bring its total number of co-owners to 45. This is part...
Guinness-owner Diageo CEO step downs after tough two years, finance chief to lead in interim
[ad_1] Published Wed, Jul 16, 2025 · 08:22 PM[LONDON] Diageo CEO Debra Crew has stepped down after just two years in the job, the world’s biggest spirits maker said on...
Schneider in talks to buy Temasek’s stake in Indian JV
[ad_1] A potential transaction could value the whole venture at roughly US$5 billion including debtPublished Wed, Jul 16, 2025 · 06:51 PM[NEW DELHI] Schneider Electric is considering buying out the...
Nvidia is the first $4-trillion company. Here are three things to know
[ad_1] SAN FRANCISCO — Nvidia is already the world’s most valuable company being one of the biggest beneficiaries of the global artificial intelligence boom. This week, the Santa Clara-based chip maker got...
Iata ‘watching very carefully’ for profiteering in tariff-exempt aerospace industry
[ad_1] [SINGAPORE] The International Air Transport Association (Iata) is on the lookout for players in the aerospace industry attempting to profiteer by using trade tariffs to justify price hikes.The industry...
Five things about Philip Yeo, former EDB chairman and outgoing CDL director
[ad_1] [SINGAPORE] Veteran public servant and economic heavyweight Philip Yeo made headlines on Tuesday (Jul 15), when news broke that he was retiring from City Development Limited’s (CDL) board of...
South Korea seeks to unlock property money in ‘Kospi 5,000’ drive
[ad_1] SOUTH Korea is seeking to redirect household wealth concentrated in real estate into equities, according to a lawmaker spearheading a committee tasked with supercharging the nation’s stock market.“Reviving the...
Competition watchdog seeks public feedback on proposed takeover of Seaco by Stonepeak-linked company
[ad_1] [SINGAPORE] The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed acquisition of Global Sea Containers (Seaco) by special purpose vehicle Typewriter Ascend. On...
Citi to boost Japan investment banking headcount up to 15%, executive says
[ad_1] [HONG KONG] Citigroup plans to raise its investment banking headcount in Japan by 10 to 15 per cent over the next year and make new hires in Australia, as...
TikTok’s Chinese workers seek tax compensation for US relocation
[ad_1] [BEIJING] Some of TikTok’s Chinese employees are requesting company compensation for additional taxes incurred due to their relocation to the US, according to sources familiar with the matter.The workers...