Leadership
China’s CNOOC stockpiles Russian oil at new reserve base, traders, tanker trackers say
STATE-RUN China National Offshore Oil Co (CNOOC), one of the country’s top importers of Russian oil, has in recent months been pumping shipments of Espo blend from Russia’s Far...
OpenAI comes to Asia with new office in Tokyo
CHATGPT creator OpenAI opened a new office in Tokyo on Monday (Apr 15), the first Asian outpost for the groundbreaking tech company as it aims to ramp up its...
Singapore to train international maritime personnel in use of low-emission fuels
SINGAPORE will set up a facility to train international maritime personnel in the use of cleaner fuels such as methanol and ammonia, as part of the Republic’s move towards...
Asia: Stocks hit by Iran’s Israel strike, hopes for containment stem losses
EQUITIES tumbled on Monday in Asia after Iran ramped up Middle East tensions by launching a barrage of rockets at Israel over the weekend, fuelling fears of a wider...
China central bank keeps policy rate unchanged, drains cash from banking system
CHINA’S central bank on Monday left a key policy interest rate unchanged as widely expected when rolling over maturing medium-term loans, and drained some cash from the banking system...
Elite Commercial Reit expands investment strategy to other UK real estate asset classes
ELITE Commercial Reit will expand its investment strategy to include other asset classes in the UK, particularly assets in the living sec : MXNU 0% will expand its investment...
Seatrium, Shell ink MOU to boost collaboration on floating production systems
SEATRIUM has inked a memorandum of understanding (MOU) with energy company Shell to explore and strengthen collaboration opportunities on floating production systems (FPS). Under the MOU, both companies will promote...
Sabana Reit to hold requisitioned EGM on or before May 25
THE manager of Sabana Industrial Real Estate Investment Trust (Reit) said on Monday (Apr 15) that it intends to convene the requisitioned extraordinary general meeting (EGM) on or before...
