Posts by Yurie Miyazawa
China’s CNOOC makes second big oil find in Bohai Sea
[BEIJING] China’s oil major CNOOC Limited said on Wednesday (Dec 24) it has discovered an oilfield with proved in-place volumes exceeding 100 million tons of oil equivalent in its second big find in the central Bohai Sea. The discovery in a shallow slope zone highlights “considerable exploration potential” for other similar zones, which have typically…
Read MoreHongkong Land should do a Reit not a private fund with its prime Singapore office assets
[SINGAPORE] Hongkong Land Holdings is pressing ahead with growth in fund management. The 136-year-old property group said recently that it has made significant advancements towards launching its first private real estate fund – the Singapore Central Private Real Estate Fund (SCPREF). SCPREF, which is expected to be the largest Singapore private real estate fund with…
Read MoreThe Best Small Touches to Make Your Coffee Corner Welcoming
A coffee corner isn’t just about the machine and the mug—it’s about creating a little ritual space where mornings feel calmer and afternoons more relaxed. With a few small, intentional touches, even the tiniest kitchen counter can become a warm, inviting spot that feels like a mini café. Here’s how to make your coffee corner…
Read MoreServiceNow agrees to buy cyber startup Armis for US$7.75 billion
The deal aims to deliver a strategic cybersecurity shield for real-time, end-to-end protection for all technology estates [NEW YORK] ServiceNow has reached a deal to buy the cybersecurity startup Armis in a deal valued at US$7.75 billion, representing its largest acquisition to date. The Santa Clara, California-based enterprise tech company will pay in cash for…
Read MoreParamount’s new offer for Warner Bros is not sufficient, major investor says
The investors now have until Jan 21 to accept or reject the so-called tender offer [LOS ANGELES] Paramount Skydance’s latest offer to buy Warner Bros Discovery still is not good enough for prominent shareholder Harris Oakmark, the investor told Reuters. Warner Bros’ fifth largest shareholder, owning 96 million shares or about 4 per cent of…
Read MoreMitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC
The deal is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation [SINGAPORE] Mitsui OSK Lines (MOL) has signed a project finance agreement with a banking syndicate for a newbuild floating storage and regasification unit (FSRU) in Singapore. The FSRU – a type of ship that receives and…
Read MoreVolare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit [SINGAPORE] Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare Group, on Tuesday (Dec 23) launched a mandatory conditional cash offer for all issued and outstanding units of Alpha Integrated Real Estate Investment Trust (AI-Reit)…
Read MoreTelefonica to cut 5,500 jobs with total cost of 2.5 billion euros
The Spanish carrier has signed an agreement with unions to implement the exit plans [MADRID] Telefonica will book a cost of 2.5 billion euros (S$3.8 billion) to pay for the exit of about 5,500 employees as part of a sweeping cost-reduction plan. The Spanish carrier has signed an agreement with unions to implement the exit…
Read MoreEver Glory United to move to SGX mainboard on Dec 29; public offer 7.6 times subscribed
[SINGAPORE] Catalist-listed engineering services provider Ever Glory United will transfer to the mainboard of the Singapore Exchange (SGX) on Dec 29. Trading in its shares on the mainboard will commence at 9 am that day, the company said in a bourse filing on Monday (Dec 22). This comes after the proposed listing transfer received shareholder…
Read MoreSingPost’s 2024 fraud incident allegedly involved e-commerce shipments bound for Canada
[SINGAPORE] More details have emerged about Singapore Post’s (SingPost) parcel delivery fraud incident that came to light in 2024. The Business Times understands the major client involved was Cainiao, the logistics subsidiary of Alibaba. The fraud involved the transhipment of parcels from China to Canada through Hong Kong handled by former SingPost subsidiary Quantium Solutions…
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