Real Estate
Sias urges Sin Heng Heavy Machinery shareholders to reject Tal United’s offer, citing 41% discount to NAV
[SINGAPORE] The bid from Tal United to acquire Sin Heng Heavy Machinery at S$0.58 a share mid-last month has been described as a “lowball offer” by the Securities Investors...
Vietnam central bank preparing restructuring plan for troubled lender SCB
Published Mon, Apr 21, 2025 · 03:11 PM[HANOI] Vietnam’s central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank (SCB), the lender at the...
JD.com to add 100,000 delivery riders in China to take on Meituan
The move is a response to a rival forbidding riders from accepting delivery orders from JD, the company saysPublished Mon, Apr 21, 2025 · 01:40 PM[NEW YORK] JD.com plans...
DHL to stop global shipments worth over US$800 to US consumers
Published Mon, Apr 21, 2025 · 12:53 PM[WASHINGTON] Global shipping giant DHL will “temporarily” suspend the shipping of parcels worth more than US$800 from businesses to individuals in the...
Stocks to watch: ST Engineering, Keppel, Keppel DC Reit, CDL, ICP
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Apr 21). ST Engineering: Ravinder Singh, group chief operating officer (technology and innovation)...
China shipbuilders rip Trump’s ‘short-sighted’ US port fees
The government has protested against the “discriminatory” steps on Friday, urging Washington to “correct wrongdoings”.Published Mon, Apr 21, 2025 · 07:13 AM[BEIJING] China’s shipbuilders on Saturday (Apr 19) blasted...
Volvo to cut up to 800 US jobs as Trump’s tariffs bite
Published Mon, Apr 21, 2025 · 06:50 AM[NEW YORK] Volvo Group plans to lay off as many as 800 workers at three US facilities over the next three months...