Leadership
Meta in talks for Scale AI investment that could top US$10 billion
[NEW YORK] Meta Platforms is in talks to make a multibillion-dollar investment into artificial intelligence (AI) startup Scale AI, according to sources familiar with the matter.The financing could exceed...
What does the delisting proposal by Great Eastern mean for the minorities as well as majority shareholder OCBC?
[SINGAPORE] As OCBC makes a conditional exit offer of S$900 million at S$30.15 per share to Great Eastern Holdings’ (GEH’s) shareholders, The Business Times takes a look at the...
US aerospace industry anxious as tariffs loom
[NEW YORK] US airlines and aerospace manufacturers insist they have no use for tariff protections, warning that the proposed Trump administration levies could eat into the healthy trade surplus...
Group CEO Ng Chin Siau increases stake in Q & M
[SINGAPORE] Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional outflow of S$32 million compared to...
Thakral’s associate GemLife in advanced talks to IPO on Australian exchange via stapled securities
There is still no assurance or certainty that the proposed IPO would proceed and close successfully, says the company[SINGAPORE] Property investor Thakral Corp’s associate GemLife is considering an initial...
Singapore stocks rise post Trump-Xi talks; STI up 0.4%
Across the broader market, gainers beat losers 266 to 205 as 849.5 million securities worth S$1.1 billion change hands.[SINGAPORE] The local bourse ended Friday (Jun 6) in a positive...
Gold could test US$4,000 an ounce amid fiscal fears, escalating trade tensions: market watchers
[SINGAPORE] While gold has cemented itself above US$3,000 an ounce in 2025 amid trade uncertainty and US fiscal fears, a bullish forecast could see US$4,000 an ounce within a...
Cordlife collection rates have not recovered to pre-incident levels, but resumption of Singapore operations are ‘encouraging’
[SINGAPORE] Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining operational momentum, even though collection rates remain below...
Asia: Markets wobble as Trump-Xi talks offset by Musk row
[HONG KONG] Asian markets stuttered on Friday as optimism from “very positive” talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between...
Sats proposes sale of 49% stake in holding company to Swiss airline caterer for 4.2 million euros
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says[SINGAPORE] Ground handler Sats is proposing to divest 509,600 ordinary shares or around 49 per...