Lifestyle
VW managers to take combined 300 million euro pay cut: report
VOLKSWAGEN’S management will take pay cuts adding up to over 300 million euros (S$423.4 million) by 2030, according to comments by VW human resources board member Gunnar Kilian to...
DBS shares reach S$45 for the first time
Shares of Singapore’s biggest bank DBS soared to S$45 for the first time on Wednesday (Jan 8). The stock was trading at S$45.14 in the afternoon, rising about 1.5...
TikTok, Alibaba push Indonesia e-commerce pioneer Bukalapak into retreat
INDONESIAN e-commerce pioneer Bukalapak.com will stop selling physical goods, underscoring the cut-throat competition in a market where the likes of ByteDance’s TikTok Shop and Sea’s Shopee are vying for...
Hong Kong Airport Authority sells record HK$18.5 billion of bonds
THE Airport Authority of Hong Kong sold HK$18.5 billion (S$3.3 billion) of bonds in the largest-ever issuance in the financial hub’s local currency, amid a sluggish recovery in the...
Micron invests US$7 billion in Woodlands advanced packaging site; 1,400 jobs to be created
MICRON Technology broke ground on its high-bandwidth memory (HBM) advanced packaging facility on Wednesday (Jan 8) in Singapore, adjacent to its existing facilities in Woodlands. The company will invest...
Centurion surges 6.3% after news that it is exploring a Reit listing
SHARES of accommodation assets operator Centurion surged 6.3 per cent on Wednesday (Jan 8) following the previous day’s news that it is exploring a real estate investment trust (Reit)...
JPMorgan quits climate finance group, following Citi, Bank of America
JPMORGAN Chase just became the last of Wall Street’s biggest banks to abandon the industry’s largest climate-finance alliance.The No 1 US bank by assets said in an e-mail on...
Stoneweg E-Reit’s portfolio value inches up 0.3% in H2 2024
STONEWEG European Real Estate Investment Trust’s (Stoneweg E-Reit) portfolio valuations crept up 0.3 per cent for the second half of the year compared to June 2024, to about 2.2...
