Leadership
Alibaba to sell Sun Art to buyout firm DCP for HK$12.3 billion
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its...
Dyna-Mac shareholders may have dodged a bullet as company delists
WHEN South Korean conglomerate Hanwha first launched its cash offer for shares in offshore oil-and-gas contractor Dyna-Mac in September 2024, it purportedly had no plans to take the Singapore-listed...
Singlife launches product-agnostic shared services hub for financial advisers
FINANCIAL advisers contracted to sell products from a specific insurance company or financial institution – or so-called tied agents – can now tap into a product-agnostic shared services hub...
World’s 500 richest people surpass US$10 trillion in wealth in 2024
THE world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of billionaires to a new milestone: A combined...
Singapore-flagged ship collides with Japan-flagged vessel in Chinese waters
A SINGAPORE-FLAGGED ship collided with a Japan-flagged vessel in Chinese waters on Dec 30.Singapore bulk carrier Yangze 22 ran into Japanese bulk carrier Vega Dream in the Changjiang River at about...
Nio delivers 221,970 vehicles in 2024, achieving delivery record high in December
It has delivered 31,138 vehicles in the month, 72.9 per cent higher than the year ago periodCHINESE electric vehicle (EV) maker Nio delivered a record 72,689 vehicles in the...
Chong Siew Ling is new CEO of Kingsmen Creatives
It also names Marianne Soh, the general counsel of the group and the daughter of co-founder Benedict Soh, as a directorCOMMUNICATIONS and design group Kingsmen Creatives has a new...
Oil prices post 3% annual decline, slipping for second year in a row
OIL prices fell around 3 per cent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China’s economy struggled, and the US and other...
