Leadership
High Court orders Falcon Energy to wind up after multiple failed restructuring attempts
SINGAPORE’S High Court on Friday (Apr 5) issued a winding-up order to Singapore-listed offshore and marine player Falcon Energy Group, said the lawyers representing AmBank, more than five years...
Quarz, ESR reach resolution over alleged defamation during Sabana internalisation bid
ACTIVIST investor Quarz Capital has reached a resolution with ESR after the property company initiated court proceedings over alleged defamatory statements made during Quarz’s push to internalise the management...
Samsung to hike Texas chip spending to US$44 billion, WSJ says
SAMSUNG Electronics aims to raise its investment in Texas to about US$44 billion, the Wall Street Journal reported, citing people familiar with the matter.South Korea’s largest company will focus...
Charge+ partners ChargeSini to form largest Singapore-Malaysia EV charging network
SINGAPORE’S Charge+ and Malaysia’s ChargeSini have signed a roaming agreement that gives electric vehicle (EV) drivers access to both companies’ charging networks.Goh Chee Keong, Charge+ chief executive officer, told...
Shell sees lower integrated gas performance in Q1
SHELL said on Friday (Apr 5) that first-quarter trading results for its integrated gas division are expected to be significantly lower than the fourth quarter.The oil company, however, expects...
Apac investment banking fees tumble in Q1: London Stock Exchange
ASIA-PACIFIC, excluding Japan, generated an estimated US$4.4 billion worth of investment banking (IB) fees in the first quarter of 2024, down 29 per cent on the year, despite a...
Singapore-listed semiconductor players expect minimal impact from Taiwan quake
SINGAPORE-LISTED semiconductor companies appear insulated from the impact that Wednesday’s earthquake in Taiwan could have on the broader supply chain. In the wake of the 7.4-magnitude quake off the...
US wants airlines to boost travel benefits for military personnel
US Transportation Secretary Pete Buttigieg on Thursday (Apr 4) urged the nation’s largest passenger airlines to improve travel benefits for active-duty military personnel and their families.The department in May...
