Real Estate
Can DBS turn Panin Bank around? Analysts think so.
[SINGAPORE] A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and is a good place for South-east Asia’s biggest...
Fu Yu seeks claims against six individuals after probe
[SINGAPORE] Components manufacturer Fu Yu is pursuing claims against six individuals, including its largest shareholder Victor Lim, over a probe into its unit that made unverifiable arrangements for a...
Sembcorp unit proposes to more than double stake in power supplier Senoko Energy
[SINGAPORE] Sembcorp Industries is moving to raise its stake in energy supplier Senoko Energy that could potentially more than double its interest in the company. Its wholly owned subsidiary Sembcorp...
South Korea financial watchdog chief offers to resign after veto on shareholder interests
[SEOUL] The head of South Korea’s financial watchdog said on Wednesday he had offered to resign, a day after the acting president vetoed a revised Commercial Act that would...
Alibaba preparing for flagship AI model release as soon as April
OpenAI, Google and Anthropic have similarly released a flurry of new models in recent weeks[NEW YORK] Alibaba Group Holding is planning to release Qwen 3, an upgraded version of...
GM leads first quarter US auto sales as tariffs loom
[WASHINGTON] General Motors led US vehicle sales in the first quarter, according to company reports on Tuesday, as the industry braces for President Donald Trump’s incoming tariffs this week.GM...
Stakes high for Switch 2 after Nintendo’s stock valuation surges
NINTENDO shares have soared to a series of records in anticipation of its Switch 2 console, making the upcoming reveal of the gadget’s details a potential watershed.The stakes are...
Europe: Shares recover ground as markets brace for US tariff deadline
EUROPEAN shares rebounded on Tuesday from a two-month low touched in the previous session, while the market braced for an impending April 2 deadline for US reciprocal tariffs.Barring a slight...
