Real Estate
Clean energy investment set to run at double fossil-fuel spend
Investment in clean energy technologies will climb to US$2 trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency (IEA).Two-thirds of the...
US probes Microsoft’s deal with AI firm Inflection
US regulators are investigating whether a deal Microsoft struck with AI startup Inflection may have been structured to avoid scrutiny, the Wall Street Journal reported, citing a person familiar...
Abu Dhabi’s first IPO of the year draws US$20 billion in orders
Abu Dhabi’s first initial public offering of the year drew in orders of US$20 billion, as appetite for listings in the Gulf remains healthy.Alef Education’s shareholders will raise 1.89...
Money launderer Su Jianfeng convicted, sentencing adjourned to Monday
MONEY launderer Su Jianfeng, one of the 10 foreign nationals involved in Singapore’s largest money laundering case, was convicted on Thursday (Jun 6).The 36-year-old Vanuatu national pleaded guilty to...
Sumitomo Mitsui weighs broader expansion in India’s low-tax hub
SUMITOMO Mitsui Financial Group is hiring for its planned outpost in India’s low-tax hub, joining a cluster of global banks placing a bet on the nation’s answer to Singapore...
Money laundering case: Bulk of S$3 billion worth of assets seized from 17 foreigners, not from 10 arrested
THE S$3 billion in cash and assets seized or issued with prohibition of disposal orders in Singapore’s largest money laundering case belonged to 27 individuals, and not just the...
UG Healthcare makes acquisitions in Spain, Germany
UG HEALTHCARE : 8K7 0% announced on Thursday (Jun 6) that it acquired a 50 per cent interest in reusable glove distributor UG Nitrex to form a joint venture...
ASML to ship its US$380 million chip machine to TSMC this year
ASML Holding will ship its latest chipmaking machine to Taiwan Semiconductor Manufacturing Company (TSMC) this year.Two of ASML’s biggest customers, TSMC and Intel, will get the so-called high-NA extreme...
