Real Estate
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...
Banks’ drive to ‘tokenise’ assets moves slower than expected
BANKS which for years have talked about creating ‘tokenised’ versions of assets such as bonds and currencies say a shift to blockchain-based trading is taking longer than expected, with...
US: Stocks up as Nvidia tops US$3 trillion market capitalisation
WALL Street stocks closed solidly higher on Wednesday (Jun 5), with the S&P 500 and Nasdaq both hitting fresh highs while chip designer Nvidia topped US$3 trillion in market...
Boeing’s Starliner capsule is launched from Florida on first crewed space flight
BOEING’S new Starliner astronaut capsule was launched from Florida on Wednesday (Jun 5) in a much-delayed first test flight carrying a crew, a milestone in the aerospace giant’s ambitions...