Technology

Wildfires Spread in Canada, 140 Active Fires Reported So Far
On Monday, the Canadian Interagency Forest Fire Center disclosed that ten fresh wildfires had ignited, escalating the tally of active fires to 140 across the nation.Majority of these blazes...
China’s Tencent posts strong revenue growth as ad sales, business services shine
China’s Tencent posts strong revenue growth as ad sales, business services shine
CHINA’S Tencent Holdings posted a 6 per cent rise in first-quarter revenue on Tuesday (May 14), beating analyst expectations, as business services and advertising sales deliver strong revenue growth. The...
CDL acquires Hilton Paris Opera Hotel from Blackstone funds for 240 million euros
CDL acquires Hilton Paris Opera Hotel from Blackstone funds for 240 million euros
CITY Developments Limited : C09 0% (CDL) has acquired Hilton Paris Opera Hotel from funds managed by Blackstone for 240 million euros (S$350.2 million), it said on Tuesday (May...
Coinbase investigating system outage as crypto prices slide
Coinbase investigating system outage as crypto prices slide
COINBASE Global, the largest US crypto exchange, is experiencing a system outage. The company notified users on its website at 12.19 pm Singapore time on Tuesday (May 14), assuring...
India regulator plans tighter rules for listing of small businesses: sources
India regulator plans tighter rules for listing of small businesses: sources
INDIA’S markets regulator and exchanges will tighten rules for public offers of small and medium enterprises (SMEs), according to two sources, after complaints of misuse of a separate listing...
China megabanks kick off 60 billion yuan loss-absorbing bond sales
China megabanks kick off 60 billion yuan loss-absorbing bond sales
TWO of China’s biggest state banks will sell a combined 60 billion yuan (S$11.2 billion) of total loss-absorbing capacity (TLAC) bonds starting this week, the first such debt sales...
Uber to buy Delivery Hero’s Taiwan business for US0 million
Uber to buy Delivery Hero’s Taiwan business for US$950 million
UBER Technologies is buying Delivery Hero’s foodpanda business in Taiwan for US$950 million, shoring up its control of a key Asian market as it seeks to expand in the...
Cordlife shareholders vote to remove 3 directors, including co-founder Ho Choon Hou, from board
Cordlife shareholders vote to remove 3 directors, including co-founder Ho Choon Hou, from board
SHAREHOLDERS of embattled private cord-blood bank Cordlife Group : P8A 0% voted to remove several directors from its board at the company’s annual general meeting (AGM) on Tuesday (May...
Cordlife shareholders vote to remove 3 directors, including co-founder Ho Choon Hou, from board
Cordlife shareholders vote to remove three directors including acting chair Ho Choon Hou from board
SHAREHOLDERS of embattled private cord-blood bank Cordlife Group voted to remove several directors from its board at the company’s annual general meeting (AGM) on Tuesday (May 14) . Around...
Brokers’ take: Maybank downgrades UMS to ‘sell’, cites ‘gloomy’ near-term outlook
Brokers’ take: Maybank downgrades UMS to ‘sell’, cites ‘gloomy’ near-term outlook
MAYBANK Securities downgraded its call on UMS : 558 0% to “sell” from “hold” while reducing its price target to S$0.88 from S$1.41 previously, as it believes the semiconductor...