Posts by Stephanie Irvin
Anxious families await dental identification of Air India crash victims
[AHMEDABAD] Dozens of anxious family members sat outside an Indian hospital on Friday (Jun 13) waiting to collect bodies of loved ones killed in the Air India plane crash, as doctors worked to gather dental samples from the deceased and run identification checks. In the world’s worst aviation disaster in a decade, an Air India…
Read MoreTrump Media’s registration for bitcoin treasury deal becomes effective
Published Sat, Jun 14, 2025 · 06:11 AM TRUMP Media and Technology Group said on Friday (Jun 13) that the US Securities and Exchange Commission has declared effective the registration for its bitcoin treasury deal. The company said it raised about US$2.3 billion through a mix of debt and equity agreements with participation from around…
Read MoreShein’s planned Hong Kong listing to benefit from wider capital pool, analysts say
[SYDNEY] Shein’s planned listing in Hong Kong will help the online fast-fashion retailer avoid sharp investor scrutiny of its supply chains while tapping into capital from the mainland and emerging market investors, analysts said. The Singapore-headquartered company has turned its public market debut ambitions to Hong Kong after failing to win Chinese securities regulatory approval…
Read MoreHong Kong-listed ESR gets shareholders’ nod for privatisation
[HONG KONG] Shareholders of ESR Group on Friday (Jun 13) approved the scheme resolution proposed by a consortium of investors to acquire and privatise the real estate fund manager. The company is expected to delist from the Hong Kong Stock Exchange (HKSE) on Jul 3, said ESR in a statement. At the scheme meeting…
Read MoreGoogle Cloud and Digital Industry Singapore launch programme to spearhead AI development among companies
[SINGAPORE] Digitally-mature companies keen on doing more in the area of artificial intelligence (AI) will now have the opportunity to tap a new programme. The AI Cloud Take-Off Programme launched on Friday (Jun 13) is a joint venture between Google Cloud and Digital Industry Singapore (DISG). It aims to establish AI centres of excellence in…
Read MoreEmirates to hire 5,000 cabin crew amid expansion drive
[SINGAPORE] Dubai’s Emirates airline is looking to hire 5,000 new cabin crew globally this year, with a recruitment roadshow set in Singapore next week, as the group embarks on fleet expansion plans. In a press statement on Friday (Jun 13), Emirates said the hiring spree will span more than 460 cities across six continents. Its…
Read MoreChinese firms in talks to join group for Li Ka-Shing’s ports
[HONG KONG] China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people familiar with the matter, in an effort to ease Beijing’s concerns over the controversial deal. China Cosco Shipping Corp is one of several Chinese state-backed…
Read MoreMiddle East tensions hit Asian and Asean markets; oil and gold prices spike
[SINGAPORE] A wave of geopolitical panic swept across Asian markets on Friday (Jun 13), after Israel launched strikes on Iran’s nuclear and military infrastructure, stoking fears of a wider regional conflict. Singapore’s Straits Times Index (STI) fell about 0.5 per cent or 19.1 points by 1 pm, trading at 3,903.8. Hong Kong’s Hang Seng index…
Read MoreOCBC mobile app hit by outage; PayNow transfers disrupted
Over 570 outage reports were lodged on tracking site Downdetector from around 11 am [SINGAPORE] Customers of OCBC experienced difficulties making payments via the bank’s mobile apps on Friday (Jun 13) afternoon. Over 570 outage reports were lodged on tracking site Downdetector from around 11 am, with most complaints relating to mobile login and banking…
Read MoreMan Man’s Singapore operator sinks into red less than a year after listing
[SINGAPORE] Japanese food and beverage (F&B) operator Food Innovators Holdings (FIH) posted a net loss of S$4.1 million for FY2025 ended Feb 28, in a company report on Thursday (Jun 12) with its audited financial statement for the period. The loss was attributed to the underprovision of certain expenses, such as unrealised foreign exchange losses,…
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