Leadership
Shell, PetroChina to expand Surat coal seam gas project in Australia
SHELL and PetroChina have decided to expand the Surat coal seam gas project (SGP) in Queensland, the British oil and gas giant said on Monday (Aug 12), amid calls...
Hindenburg accusation of Adani conflict denied by Sebi chief
HINDENBURG Research accused the head of India’s market regulator of having conflicts of interest that prevented a thorough examination of manipulation and fraud claims at the Adani Group, an...
Singapore shares open lower on Monday; STI down 0.3%
SINGAPORE stocks started trading in the negative territory on Monday (Aug 12). This comes despite Wall Street regaining almost all of its losses from the steep dive on Aug...
Ho Bee Land sells 49% stake in Elementum for S$134 million to sovereign wealth fund
The company says the deal paves the way for broader collaboration, exploring new avenues for strategic growth and developmentHO BEE Land has agreed to sell a 49 per cent...
Singapore banks keep guard against rate cuts, market volatility in Q2, but expect to remain strong
They have taken various measures to reduce their interest rate sensitivity, lower funding costs, and ensure enough capitalSINGAPORE banks continue to shore up against market volatility and impending rate...
Solar generation 53% cheaper than fossil fuels in Peninsular Malaysia in 2023: report
The country could also benefit from integrating solar and battery energy storage systemsSOLAR power generation costs in Peninsular Malaysia were 53 per cent lower than that of fossil fuels...
PSA International unit to buy majority stake in Polish intermodal operator
The 85 per cent stake in Loconi will be acquired from publicly traded Polish freight forwarder ATC CargoTEMASEK-OWNED port operator PSA International, through its subsidiary PSA Baltics, signed an...
Brutal sell-off skims froth from Japan’s US$6 trillion stock market
Japanese equities shed US$1.1 trillion in value as they kicked off August with a record three-day loss. For bullish investors, that’s providing a fresh reason to buy what has...
