Real Estate
Julius Baer to pay 4.4 million Swiss francs after Swiss money laundering probe
The bank has been under investigation over transactions that had occurred between 2009 and 2019 and linked to operations in Monaco and SingaporePublished Wed, May 14, 2025 · 03:50...
Tesla to resume shipping Chinese parts for Cybercab, Semi production in the US: source
[SHANGHAI] Tesla plans to start shipping components from China to the US for the production of Cybercab and Semi trucks from the end of this month, after the US...
GXS Bank CEO to retire, GX Bank CEO to take over
[SINGAPORE] GXS Bank has announced that chief executive Muthukrishnan Ramaswami will be retiring on May 31.His successor will be Lai Pei-Si, CEO of GX Bank, the Malaysian arm of...
Cariflex launches US$350 million polyisoprene plant in Singapore, the world’s biggest
[SINGAPORE] Synthetic rubber latex maker Cariflex has officially inaugurated its new plant in Singapore, furthering its supply-chain resilience and market penetration in South-east Asia.The region, which contributes over 75...
Sembcorp’s renewables business could power earnings upside; Goldman Sachs rates stock a ‘buy’
[SINGAPORE] Goldman Sachs has initiated coverage of energy and urban solutions provider Sembcorp Industries with a “buy” recommendation and a target price of S$8.40 on the back of its...
IFA’s holding company discounts are within reasonable range: Sinarmas Land
[SINGAPORE] Sinarmas Land defended the valuation methods used by the independent financial adviser (IFA) in the offer by Lyon Investments for shares in the company, in its response to...
Trump says gifted Qatari plane will be temporary Air Force One
[WASHINGTON] US President Donald Trump said a luxury jet being offered by the government of Qatar would be used as a temporary Air Force One, indicating an intention to...
Samsung Electronics to buy FlaktGroup for 1.5 billion euros
Published Wed, May 14, 2025 · 08:53 AM[SEOUL] South Korea’s Samsung Electronics said on Wednesday that it has agreed to acquire all shares of FlaktGroup, a German maker of...