Real Estate
NXP, Vanguard to invest US$7.8 billion in Singapore wafer plant
NXP Semiconductors and TSMC-backed Vanguard announced a US$7.8 billion joint venture to produce silicon wafers on Wednesday (Jun 5), joining other chipmakers setting up plants in Singapore to diversify...
Zara owner Inditex boosted by pick-up in Spring sales
ZARA owner Inditex reported a pick-up in recent sales from its Spring/Summer collections, boosting its shares on Wednesday (Jun 5) as the world’s top fashion retailer delivered quarterly results...
Singapore retail sales miss forecasts with reversal into 1.2% decline in April
SINGAPORE’S retail sales fell 1.2 per cent year on year in April, reversing from the 2.8 per cent growth posted in the month before, with most industries recording declines...
Nium raises US$50 million in Series E round
GIC and Temasek-backed payments startup Nium has raised US$50 million in a Series E funding round, which values the company at US$1.4 billion post-money. The funding round was led...
Bitcoin posts longest winning run since March on rate-cut wagers
BITCOIN again poked above the US$70,000 level and flirted with a gain for a fifth straight session, reflecting greater confidence in global markets about the prospect of Federal Reserve...
CapitaLand Investment enhances reporting of Scope 3 emissions
CapitaLand Investment (CLI) has enhanced its Scope 3 emissions reporting with new categories and an expansion of existing categories.This follows the latest review of its full inventory of such emissions...
TikTok says cyberattack targeted big names including CNN
TIKTOK on Tuesday (Jun 4) said it slammed the door on a cyberattack that targeted high-profile accounts including CNN.The number of accounts compromised was “very small” and TikTok has...