Lifestyle
Dutch hit Uber with 290 million euro fine over driver data
The Dutch data protection watchdog said on Monday (Aug 26) it hit ride-hailing app Uber with a 290-million-euro (S$422.4 million) fine over the transfer of personal data of European...
Silverlake Axis receives privatisation offer with S$0.36 per share cash option
A GROUP led by Silverlake Axis chairman Goh Peng Ooi has made a voluntary unconditional offer to take the enterprise technology company private at S$0.36 in cash per share,...
Indonesia’s incoming leader hopes to implement 50% palm based biodiesel in 2025
INDONESIA president-elect Prabowo Subianto hoped to implement mandatory 50 per cent palm oil-based biodiesel blending by early next year, which he said would cut fuel imports by US$20 billion...
Asia: Markets boosted by Fed chief’s rate cut talk
MOST Asian equities rose with the yen on Monday after US Federal Reserve boss Jerome Powell said “the time has come” to start cutting interest rates, lining up the...
PBOC starts bank stress tests to avoid stampede out of bonds
CHINA has initiated stress tests with financial institutions on their bond investments, to make sure they can handle any market volatility should a record-breaking rally reverse, according to state-run...
Singapore stocks open higher on Monday; STI up 0.4%
SINGAPORE stocks rose on Monday (Aug 26) morning as remarks from US Federal Reserve chair Jerome Powell cemented expectations that the central bank will cut its key policy rate...
Stocks to watch: Shangri-La Asia, Sembcorp, MPACT, Starhill Global Reit, Oxley, Creative Tech
THE following companies saw new developments that may affect trading of their securities on Monday (Aug 26): Shangri-La Asia: The hotel group on Friday posted a 28.1 per cent...
Takeover battle for Taiwan bank heats up with CTBC offer
TAIWAN’S CTBC Financial Holding upped the ante in the battle for Shin Kong Financial Holding, offering more than US$4 billion for a controlling stake in its rival to create...
Telegram says it abides by EU laws after CEO detained in France
TELEGRAM on Sunday questioned the grounds for France’s detention of chief executive officer Pavel Durov, the messaging app’s billionaire co-founder who was taken into custody at a Paris airport...
Good connections but green constraints for Singapore’s Wilmar at Europe’s busiest port
Chemicals transport company Eagletainer similarly faces supply chain disruptions and strict regulations[ROTTERDAM] Being near Europe’s busiest port gives a logistical edge – but the continent’s stricter green rules may...