Technology
‘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...
OCBC seeks to delist Great Eastern with exit offer of $30.15 per share
[SINGAPORE] OCBC has made a S$0.9 billion conditional exit offer at $30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in a bid...
Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom
[NEW YORK] Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday, underscoring the US economy’s resilience despite tariff uncertainty...
