Technology

Keppel DC Reit names Low Huan Ping as lead independent director amid board changes
Keppel DC Reit names Low Huan Ping as lead independent director amid board changes
[SINGAPORE] Keppel DC Real Estate Investment Trust (Reit) has announced director Low Huan Ping as new lead independent director and chairman of nominating and remuneration committee, as Kenny Kwan...
Japan’s SMBC is closer to acquiring 51% stake in India’s Yes Bank: sources
Japan’s SMBC is closer to acquiring 51% stake in India’s Yes Bank: sources
[MUMBAI] Sumitomo Mitsui Banking Corp (SMBC) is close to agreement on acquiring a stake in Yes Bank, with the Japanese firm eyeing a majority 51 per cent equity in...
Income-Allianz deal timeline: A recap of the scuppered S.2 billion sale
Income-Allianz deal timeline: A recap of the scuppered S$2.2 billion sale
[SINGAPORE] The proposed S$2.2 billion deal involving the sale of Singapore’s Income Insurance to German insurer Allianz – which the government eventually called off – was a major talking...
China’s CATL seeks US billion loan for Indonesia plant expansion
China’s CATL seeks US$1 billion loan for Indonesia plant expansion
The company has said that it expects to see little impact from the tariffs the Trump administration has imposed on China because the company’s US exposure is “quite small”.Published...
Hong Kong DIY watch brand sets sights on Europe amid Trump tariffs
Hong Kong DIY watch brand sets sights on Europe amid Trump tariffs
[HONG KONG] When Washington announced higher tariffs and the axing of a de minimis rule that allowed for low-value packages from Hong Kong and mainland China to enter the...
New Zealand PM proposes banning under-16s from social media
New Zealand PM proposes banning under-16s from social media
Published Tue, May 6, 2025 · 10:11 AM[SYDNEY] New Zealand’s prime minister on Tuesday proposed banning children under 16 from social media, stressing the need to protect them from...
CATL starts gauging interest for potential US billion Hong Kong listing
CATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President Donald Trump’s tariffsPublished Tue, May...
IFA defends valuation methods in Sinarmas Land offer as ‘appropriate’ amid criticism
IFA defends valuation methods in Sinarmas Land offer as ‘appropriate’ amid criticism
[SINGAPORE] W Capital Markets, the independent financial adviser (IFA) appointed by Sinarmas Land to opine on its privatisation offer by the Widjaja-family linked Lyon Investments, responded to criticisms by...
Changi Airport Terminal 5 contracts worth S.75 billion awarded
Changi Airport Terminal 5 contracts worth S$4.75 billion awarded
[SINGAPORE] Changi Airport Group (CAG) announced on Monday (May 5) that contracts of around S$4.75 billion in value for substructure and airside infrastructure works at Changi Airport’s Terminal 5...
Hong Kong sells record amount of currency to defend exchange peg
Hong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakersPublished Tue, May 6, 2025 · 07:06 AM[MELBOURNE] Hong Kong authorities said they continued...