Business
Singapore-based Quadria’s 3rd healthcare fund closes at US$1.1 billion, above US$800 million target
Quadria Capital, a Singapore-based private equity (PE) firm, announced on Tuesday (May 27) the final close of its third healthcare fund at…
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Business
Buyout on Hold: Seven & i investors eye execution before backing deal or strategy
The annual meeting of Seven & i Holdings shareholders is likely to be a low-key event, despite the drama surrounding a company facing a…
Business
Greek coastguards charged over 2023 migrant shipwreck
Nick Beake Europe Correspondent Kostas Kallergis Senior Europe Producer A naval court in Greece has charged 17 coastguards over the…
Business
TargaZyme wants to cure cancer by improving stem cell delivery to diseased organs
After watching her family members go through painful treatment methods to deal with their cancer diagnoses, Lynnet Koh turned to cell…
Business
Trump Media to raise US$3 billion to spend on cryptocurrencies: report
The company behind Truth Social, a streaming and social media platform, has been exploring potential mergers and acquisitions as it aims…
Business
RBNZ set to make sixth rate cut and signal bias to more easing
New Zealand’s central bank is set to cut interest rates for a sixth straight meeting and signal it’s open to further easing as US trade…
Business
‘The Last of Us’ Finale Reaches 3.7 Million Viewers, Down 30% From Premiere, Though Season 2 Is Averaging Above Season 1
“The Last of Us” Season 2 came to a close Sunday night, pulling in 3.7 million viewers across all platforms. That marks a 30% drop from…
Business
Iron ore stays relevant despite China’s faltering property sector as demand drivers evolve
Iron ore, the backbone of China’s steel-fueled boom for more than two decades, is facing a pivotal demand shift. The ferrous metal’s…
Business
Dsquared2, Staff International Resolve Legal Dispute
MILAN — Dsquared2 Group and Staff International are letting bygones be bygones. Their legal dispute has been resolved, as on Monday the…
Business
England vs West Indies: Hosts secure T20 series clean sweep despite Hayley Matthews' brilliance
There was plenty of discussion and hope that losing the England captaincy would allow Knight more freedom as a batter, and in her first…
Business
Netflix’s ‘Cold Case: The Tylenol Murders’ Investigates Who Was Responsible for Seven Deaths: A Psychopath or a Drug Company?
On the morning of September 28, 1982, Mary Kellerman, a 12-year-old Chicago resident, was given a Tylenol tablet by her parents in…
Business
Germany’s ‘Young Elon’ admires Musk — but wants to beat his Tesla bot
David Reger, founder and CEO of Munich-based Neura Robotics, is building humanoid robots — and a reputation with a touch of déjà vu. In…
Business
AMAs 2025 livestream: How to watch the American Music Awards online or on TV, including free options
It’s time to celebrate your favorite singers and musical acts by tuning into the American Music Awards tonight (Monday, May 26, 2025) at 8…
Business
Bukit Sembawang Estates H2 FY2025 earnings up 13% at S$51.4 million
Property developer Bukit Sembawang Estates reported a net profit after tax of S$51.4 million for the second half of its financial year…
Business
Bukit Sembawang H2 earnings up 13% at S$51.4 million; company proposes higher special dividend
Property developer Bukit Sembawang Estates reported net profit after tax of S$51.4 million for the second half of its financial year…
Business
Germany’s Schwan-Stabilo Group Taps Michele Molon for Group CEO Role
CHANGE IN COMMAND: Michele Molon will become group chief executive officer of Germany’s Schwan-Stabilo Group, the 800 million euro company…
Business
Boustead’s H2 profit up 48 per cent to S$59.1 million
Engineering and technology group Boustead Singapore’s net profit for the six months ended Mar 31, 2024, increased 58 per cent to S$59.1…
Business
HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders
China Mobile’s HK$7.8 billion (S$1.3 billion) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based…
Business
Four energy companies from Malaysia, Singapore, Vietnam ink deal to explore clean energy export from Vietnam
Alliance reflects growing momentum towards a regionally integrated Asean Power Grid Four energy companies from Malaysia, Singapore and…
Business
Maybank Q1 net profit rises 4% to RM2.6 billion
Maybank’s net profit for the quarter ended Mar 31, 2025, increased 4 per cent to RM2.6 billion (S$790 million), up from RM 2.5 billion in…
Business
Volvo Cars to cut 3,000 jobs in restructuring
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a…
Business
China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global trade China’s central bank asked its…
Business
Singapore shares fall amid mixed regional showing; STI down 0.2%
Across the broader market, decliners edge out gainers 268 to 220, after 894.4 million securities worth S$751.7 million change hands Shares…
Business
Books on the ultrarich dominate the Modern CEO summer reading list
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter…