Real Estate
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...
Japan e-comics platform Infocom to decide on Blackstone takeover offer
JAPANESE digital comic distributor Infocom will announce its board’s decision on a takeover bid from Blackstone once all its disclosure documents are ready, the company said on Tuesday (Jun...
Bitcoin drops to a one-month low in broad crypto market sell-off
BITCOIN slid to a one-month low as outflows from digital-asset investment products and the prospect of higher-for-longer US borrowing costs sapped the cryptocurrency market.The largest digital asset at one...
Bitcoin touches a one-month low in a broad crypto market sell-off
BITCOIN touched a one-month low as outflows from digital-asset investment products and the prospect of higher-for-longer US borrowing costs sapped the cryptocurrency market.The largest digital asset shed as much...
Gold prices edge higher as US Treasury yields soften
GOLD prices inched up on Tuesday (Jun 18) as the Treasury yields edged lower, while investors looked forward to economic data and comments from Federal Reserve officials throughout the...
Seche Environnement to buy Singapore hazardous waste firm ECO for S$605 million
FRENCH industrial group Seche Environnement has agreed to buy Singapore’s ECO Industrial Environmental Engineering for around S$605 million, according to a statement by the company dated Monday (Jun 17).The...