Posts by Stephanie Irvin
Singapore Airlines jet suffers damage to tail during aborted landing at Changi Airport
Published Tue, Jan 27, 2026 · 04:21 PM [SINGAPORE] A Singapore Airlines (SIA) jet damaged its tail while landing at Changi Airport on Jan 24, after arriving from Manila amid windy conditions. All 256 passengers and 16 crew members on the Airbus A350-900, flight SQ917, disembarked normally, an SIA spokesperson told The Straits Times on Jan 27. The aircraft had a rejected…
Read MoreChandra Asri gets US$250 million loan to fund equity in Esso deal
The financing underscores how private credit funds and traditional lenders increasingly operate side-by-side in mergers and acquisitions in Asia-Pacific Published Tue, Jan 27, 2026 · 11:11 AM [SINGAPORE] Indonesian energy and chemicals firm Chandra Asri Pacific has secured a US$250 million loan to back its purchase of Esso-branded service stations in Singapore from ExxonMobil, according…
Read MoreNike slashes 775 jobs in US to speed up automation, boost profit
Published Tue, Jan 27, 2026 · 06:44 AM NIKE is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to boost profits and accelerate its use of automation. The cuts will primarily impact distribution centre roles in Tennessee and Mississippi, where the sneaker giant operates…
Read MoreKeppel Infrastructure Trust secures S$100 million loan facility
[SINGAPORE] The trustee-manager of Keppel Infrastructure Trust (KIT) on Monday (Jan 26) announced that it has obtained a S$100 million loan facility. It has also secured 50 million euros (S$75.3 million) in uncommitted revolving credit and banker’s guarantee facilities. These facilities require KIT’s trustee-manager to remain wholly owned by Keppel Capital and/or Keppel. Under the…
Read MoreCICC rebuilds IPO pipeline to focus on ‘most promising’ deals
Talent retention remains a strategic focus for CICC amid industry-wide competition Published Mon, Jan 26, 2026 · 08:50 PM [BEIJING] China International Capital Corporation (CICC) is rebuilding its pipeline of initial public offerings (IPOs) and conducting thorough due diligence as scrutiny has grown after a boom in Hong Kong share sales. The current deal surge…
Read MoreSingapore turns to next-generation power systems to scale AI, train future workforce
This comes as the Republic transitions to a low-carbon energy grid while advancing regional net-zero ambitions [SINGAPORE] As artificial intelligence (AI) drives rising energy demand, data-centre operator ST Telemedia Global Data Centres (STT GDC) is deploying more efficient power systems to scale its operations, through a pilot it described as being the first in South-east…
Read MoreWhat the TikTok deal means for the app’s future in the US
The years-long saga over the future of TikTok’s American operations has finally reached a conclusion. The social media platform said on Jan 23 that its US arm has been bought by a consortium led by Oracle, formalising the deal outlined by the Trump administration in September. The sale is designed to comply with a national…
Read MoreMarket on high alert for yen intervention after Takaichi warning
Published Sun, Jan 25, 2026 · 07:53 PM TRADERS will start the week on heightened alert of Japan government intervention to halt the yen’s recent slide – possibly with rare US assistance – as Prime Minister Sanae Takaichi warned of action on abnormal moves. Speculation of intervention is building after traders reported during the US…
Read MoreFloating rates are back on the radar, but fixed mortgages still rule Singapore’s home loans
After several years of rate volatility, many borrowers are placing greater emphasis on certainty [SINGAPORE] Interest in floating-rate home loans is picking up in Singapore as borrowing costs fall and expectations build for further rate cuts, but fixed-rate mortgages remain the preferred choice for most homeowners amid lingering uncertainty over where rates will settle. Market…
Read MoreCEOs wary of a jittery US consumer as global tensions intensify
Executives now face the tough task of laying out the companies’ outlook for the year ahead Published Sun, Jan 25, 2026 · 04:26 PM [NEW YORK] As the US earnings season gathers momentum, early results are offering a window into the economic and political crosscurrents shaping Corporate America’s outlook for the year ahead. Airlines were…
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