Technology
Container shipping rates soar, impact on shippers outside China felt
[SINGAPORE] Sea cargo rates have surged, with those for the voyage from Shanghai to the US particularly steep, fuelled by pent-up demand and front-loading as shippers rush to beat...
Chesapeake Anesthetist Accused of Kissing, Groping Patients While They were Sedated
A Chesapeake nurse who worked as an anaesthetist for 16 years in Hampton Roads has been ordered by state regulators to surrender his license, according to a report from...
‘Time to Drop the Really Big Bomb’: Elon Musk Accuses Trump on Being in Epstein Files as Public Break-Up Turns Ugly
Elon Musk escalated his growing feud with President Trump on Thursday by accusing him of hiding details from the public about the notorious sex trafficker Jeffrey Epstein, suggesting that...
Teo Chee Hean to succeed Lim Boon Heng as Temasek chairman in October
[SINGAPORE] Former senior minister Teo Chee Hean will become chairman of Temasek Holdings in October, taking over from Lim Boon Heng, Temasek said in a statement on Friday (Jun...
Lightstone Ventures, Temasek’s ClavystBio co-lead Allay Therapeutics’ US$57.5 million Series D funding
The company’s technology is used to create analgesic products that can aid patients with post-surgical pain management and recuperation[SINGAPORE] United States-based biotechnology company Allay Therapeutics on Thursday (Jun 5)...
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says[SINGAPORE] Ground handler Sats is proposing to divest 509,600 ordinary shares or around 49 per...
Lululemon plunges with growth plans threatened by Trump tariffs
LULULEMON Athletica posted a second straight disappointing quarter, fueling concerns that rising competition and new tariffs are derailing the company’s ambitious growth plans.The retailer is projecting sales in the...
Stocks to watch: OCBC, Keppel DC Reit, Jardine C&C, NetLink NBN Trust, Fu Yu
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 6).OCBC: The bank’s insurer, Great Eastern, seeks to delist through OCBC exit...
