Real Estate
Geely, Foretellix partner to jump-start self driving car development
CHINESE automaker Geely and Israeli auto safety technology startup Foretellix formed a strategic partnership to accelerate safe large-scale development of self-driving vehicles, the two companies said on Tuesday (May...
Philippines eyes US$2 billion in its first global bond this year
The Philippines is looking to raise as much as US$2 billion from a two-part dollar bond sale on Tuesday (May 7), its first trip to the international market this...
South-east Asia increasingly used for illicit money flows, terrorist financing: US Treasury official
EVIDENCE has surfaced to show that countries in South-east Asia are being used by the likes of Russia and Iran, and their proxies, for illicit money flows and terrorist...
Apac finance M&A to stay subdued after Q1 decline as uncertainties linger: S&P Global
Mergers and acquisitions (M&A) in Asia-Pacific’s (Apac) finance sector are unlikely to recover soon as economic and geopolitical uncertainties, on top of higher financing costs, dampen dealmakers’ confidence, said S&P...
Philippines’ PLDT in talks to sell up to 49% of data centre business to Japan’s NTT
THE Philippines’ largest telecommunications group PLDT is in talks to sell up to 49 per cent of its data centre business to Japan’s Nippon Telegraph and Telephone (NTT), PLDT...
Brokers’ take: SAC Research initiates ‘buy’ on Soilbuild with S$0.04 target
SAC Research has started coverage on Soilbuild Construction : S7P 0% with a “buy” call and target price of S$0.04, following the mainboard-listed construction group’s profit turnaround for the...
UBS shares soar as profit smashes forecasts, share buyback plans affirmed
UBS on Tuesday (May 7) reported first-quarter profit that trounced forecasts and said it was sticking with plans for share buybacks over three years despite Swiss government proposals that...
Amazon’s AWS puts another S$12 billion into its Singapore cloud infrastructure
AMAZON Web Services (AWS) will commit an extra S$12 billion to its existing Singapore cloud infrastructure over the next four years, doubling its investment in the Republic. The move...
