Real Estate
KKR-Singtel consortium to invest S$1.75 billion in data centre provider ST Telemedia GDC
A KKR-SINGTEL consortium will invest S$1.75 billion in data-centre provider ST Telemedia Global Data Centres (STT GDC), in a deal said to be this year’s largest digital infrastructure investment so...
Boeing may have installed bad 737 parts, whistleblower alleges
A Boeing quality inspector alleged that the planemaker mishandled and lost track of hundreds of faulty parts, some of which he said may have been installed on new 737...
BOJ index shows more Japan firms passing on wage costs in services prices
The price Japanese companies charge each other for services with high labour costs rose 2.8 per cent in April from a year earlier, the fastest increase in nearly four...
SP Group to design district cooling, heating system for Chengdu development
SP Group announced on Tuesday (Jun 18) that it secured a bid to design, build, develop and operate a district cooling and heating system for the new International Sports...
Australia holds key rate at 12-year high on inflation worries
AUSTRALIA’S central bank kept interest rates at a 12-year high as it awaits a shift lower in stubbornly sticky inflation before being ready to signal policy easing.The Reserve Bank...
Singapore’s air freight up 20% in May; port’s box throughput highest this year
WITH the congestion at sea benefiting air transport, Singapore’s Changi Airport reported 170,000 tonnes in air freight handled in May, a 20 per cent year-on-year jump from 142,000 tonnes.Statistics...
Meteoric rise of South Korea’s webtoons powers Nasdaq IPO
WHEN Bae Jin Soo quit his well-paying job at one of South Korea’s biggest conglomerates to write stories, his parents were so upset they kicked him out of the...
EV maker Fisker files for bankruptcy after its glitchy SUV flops
FISKER filed for bankruptcy on Monday (Jun 17), months after the electric-vehicle startup stopped production of its only model, the oft-malfunctioning Ocean SUV.
The company listed between US$500 million and...
