News
DBS, Singtel help lift Temasek’s portfolio to record S$434 billion
[ad_1] [SINGAPORE] Temasek posted a record net portfolio value (NPV) of S$434 billion for the financial year ended Mar 31, driven by the strong performance of its Singapore-based portfolio companies...
Surging UK shipping costs threaten to deliver a new price shock
[ad_1] [LONDON] The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade war, threatening to push up consumer prices and...
Hospital operator IHH eyes Indonesia, Vietnam for expansion
[ad_1] [KUALA LUMPUR] IHH Healthcare is looking to potential new markets Indonesia and Vietnam as the Malaysian hospital operator continues building scale to offset rising healthcare costs in the region....
Bank of America loses crisis-era backer after Kuwait sells US$3 billion stake
[ad_1] [NEW YORK] First, it was Warren Buffett. Now, another key Bank of America (BOA) investor that stood by it since the worst days of the 2008 financial crisis is...
Preliminary report in Air India crash expected to be released by Friday, sources say
[ad_1] A PRELIMINARY report into the crash of an Air India jetliner that killed 260 people in June is expected to be released by Friday, a step that could provide...
Starbucks draws interest for controlling stake in China unit
[ad_1] [HONG KONG] Starbucks has received proposals from prospective investors in its China business, most of whom are eyeing a controlling stake in the operation, said sources familiar with the...
Boeing delivers most jets in 18 months with boost from China
[ad_1] The US manufacturer has begun to make progress in returning its factories to a steadier tempoPublished Wed, Jul 9, 2025 · 06:53 AM[LOS ANGELES] Boeing said it delivered 60...
Europe: Shares rise on energy, healthcare boost; tariff uncertainty lingers
[ad_1] EUROPEAN shares ended higher on Tuesday, boosted by healthcare and energy shares while investors assessed the latest phase of US President Donald Trump’s tariff rollouts, which included a new deadline...
Investors should be excited about Singapore’s biggest Reit IPO in a decade – but not too excited
[ad_1] [SINGAPORE] Japanese telco Nippon Telegraph and Telephone’s (NTT) NTT DC Reit is stirring up some excitement in Singapore’s floundering equities market. The real estate investment trust (Reit), which launched...
New York City casinos could become world’s biggest, bidders predict
[ad_1] [NEW YORK] Bidders for three New York City-area casino licences are projecting revenue that would place them among the most lucrative resorts in the world, according to an analysis...
