Leadership
Sembcorp unit wins solar energy project to supply power in India
[SINGAPORE] Sembcorp Industries’ wholly owned renewables subsidiary, Sembcorp Green Infra, was awarded a build-own-operate solar energy storage hybrid project by SJVN, an Indian state-owned power company. Sembcorp Green Infra...
Seatrium posts S$21.3 billion Q1 net orderbook
Projects relating to renewables and green or cleaner solutions have a contract value of S$7.1 billion[SINGAPORE] Seatrium recorded net orderbook wins amounting to S$21.3 billion as at March, comprising...
CapitaLand Ascendas Reit raises S$500 million from private placement of 202 million shares at S$2.47 each
Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building [SINGAPORE] CapitaLand Ascendas Real Estate Investment Trust (Clar) has raised S$500 million from a...
Chevron to cut nearly 800 jobs in Texas
Published Thu, May 29, 2025 · 08:23 AM[HOUSTON] Chevron will lay off nearly 800 employees in Texas, according to a notice on Wednesday to the Texas Workforce Commission, part...
US curbs chip design software, chemicals, other shipments to China
[WASHINGTON] The United States has ordered a broad swathe of companies to stop shipping goods to China without a licence and revoked licences already granted to certain suppliers, said...
Trump tells US chip design software makers to halt China sales: FT
PRESIDENT Donald Trump’s administration has ordered US firms that offer software used to design semiconductors to stop selling their services to Chinese groups, the Financial Times reported on Wednesday,...
Nvidia gives solid forecast, even as China slump mars growth
[SAN FRANCISCO] Nvidia, the world’s most valuable chipmaker, gave an upbeat revenue forecast for the current period, even as a slowdown in China weighed on results.Sales will be about...
US: Stocks retreat as Treasury bond yields climb
Published Thu, May 29, 2025 · 06:13 AM[NEW YORK] Wall Street stocks retreated on Wednesday ahead of earnings from artificial intelligence titan Nvidia, with US Treasury bond yields ticking higher.Results from...
