Changi Airport Terminal 5 contracts worth S$4.75 billion awarded

Changi Airport Terminal 5 contracts worth S.75 billion awarded

[SINGAPORE] Changi Airport Group (CAG) announced on Monday (May 5) that contracts of around S$4.75 billion in value for substructure and airside infrastructure works at Changi Airport’s Terminal 5 (T5) were awarded to various construction companies. The substructure contract valued at S$3.8 billion was awarded as a joint venture (JV) between the Singapore branch of…

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Hong Kong sells record amount of currency to defend exchange peg

Hong Kong sells record amount of currency to defend exchange peg

The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakers Published Tue, May 6, 2025 · 07:06 AM [MELBOURNE] Hong Kong authorities said they continued to purchase US dollars in an attempt to defend the foreign exchange peg. The Hong Kong Monetary Authority spent a record HK$60.5b on the…

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OpenAI says its nonprofit will remain in control of its for-profit business

OpenAI says its nonprofit will remain in control of its for-profit business

ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with plans to change its organizational structure. The move comes after a coalition of California nonprofits, foundations and labor groups called on the state’s attorney general to investigate OpenAI’s decision to transition its nonprofit’s…

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11 Black-Owned Fashion Brands You’ll Want In Your Wardrobe STAT

11 Black-Owned Fashion Brands You’ll Want In Your Wardrobe STAT

Our writers and editors independently determine what we cover and recommend. When you buy through our links, E! may earn a commission. Learn more. One of fashion’s biggest nights is tonight: the 2025 Met Gala. And this year’s theme, “Tailored for You” spotlights “Superfine: Tailoring Black Style,” celebrating the rich tradition of Black Dandyism and menswear innovation. You may…

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