News

Soaring demand for Nintendo Switch 2 boosts massive video game market
[ad_1] Benedict Corpuz has always been a “day one” type of person when it comes to fueling his video game habit.Beginning in his high school years, the 45-year-old flight attendant...
Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg
[ad_1] The offer is expected to be fair and reasonable in accordance with Singapore’s listing guidelines[SINGAPORE] Great Eastern is considering options that include a plan to delist via an offer...
Singapore shares rise on US rate-cut hopes, softer T-bill yields; STI up 0.4%
[ad_1] UOB economist, reacting to the sluggish retail sales print, expects retail sales to stay tepid this year [SINGAPORE] Local shares rose on Thursday (Jun 5) as softer US hiring...
Procter & Gamble to cut 7,000 jobs over two years in new restructuring plan
[ad_1] [OHIO] Procter & Gamble said on Thursday (Jun 5) it would cut 7,000 jobs, or about 6 per cent, of its total workforce over the next two years, as...
China warns BYD, rivals to self-regulate as price war heats up
[ad_1] [BEIJING] Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address concerns about the long-running price war, according to people...
Peter Kwee, son and firm sued for over S$71 million over insolvency of Laguna club operator
[ad_1] [SINGAPORE] Motoring tycoon Peter Kwee has been sued – along with his 55-year-old son Kevin and their firm Laguna Hotel Holdings – for allegedly wrongfully and fraudulently extracting and...
Statista, TIA to award Singapore’s Top Fintech Companies for 2026
[ad_1] FOR the first time, Tech in Asia and global market research firm Statista will recognise Singapore’s top fintech companies.The list will include firms across these sectors: Payments Neobanking Alternate finance Wealth tech Financial planning Digital...
Laopu Gold’s 2,300% rally faces test after stock hits HK$1,000
[ad_1] A BREATHTAKING rally in Laopu Gold is facing a critical test after its stock price hit HK$1,000 (S$164), a rare milestone that may deter retail investors due to the...
Vingroup seeks private loan to buy KKR’s stake in Vinschool
[ad_1] Published Thu, Jun 5, 2025 · 12:17 PM[SINGAPORE] Vietnamese conglomerate Vingroup is seeking a around US$300 million private credit loan to purchase KKR’s stake of about 38 per cent...
Citi to cut 3,500 tech jobs in China in global revamp
[ad_1] [HONG KONG] Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday (Jun 5), as it...
GrabCab to launch in July with 40 new Toyota Prius taxis for a start
[ad_1] [SINGAPORE] GrabCab vehicles will hit the road from July as Singapore’s sixth and newest taxi operator launches its services, with 40 cabs in its fleet for a start.Announcing this...