Culture
BYD’s mini-car ambitions may be a wake-up call for Japan
The company plans to debut its all-electric ‘kei’ car at the Japan Mobility Show[TOKYO] BYD’s Japanese mini-car will not go on sale until the end of next year, but...
Singapore’s Lighthouse Canton to invest over US$1.5 billion in India; eyes private credit, real estate
[MUMBAI] Singapore-based asset manager Lighthouse Canton plans to invest over US$1.5 billion in India in the next few years, with a focus on private credit and real estate, senior...
Indonesia’s Chandra Asri in talks with lenders to fund US$1 billion deal to buy Singapore’s Esso stations
[JAKARTA] Chandra Asri Pacific, an Indonesian energy and chemicals firm, is in talks with competing consortiums of lenders for loans to back its US$1 billion purchase of Esso-branded service...
Novartis Q3 operating income up 6% on new drug sales
Third-quarter operating income, adjusted for special items, rose to US$5.46 billion[FRANKFURT] Swiss drugmaker Novartis, on a deal-making spree this year, reported a gain in operating income of 6 per...
Citigroup to tie up with Coinbase to boost digital payments for institutional clients
[BENGALURU] Citigroup and cryptocurrency exchange Coinbase plan to collaborate on digital asset payment solutions for the US bank’s institutional clients, to expand the offering to global clients in the...
Sunseap founder’s firm teams up with Chinese nuclear giant on Indonesian solar import project
Frank Phuan’s Equator Renewables Asia is set to import clean power from the Riau Islands into Singapore[SINGAPORE] Equator Renewables Asia – a new venture of solar veteran Frank Phuan...
Asia: Markets cool as Trump begins Japan visit
The buoyant mood has been defying tumultuous trade tensions between Beijing and Washington[HONG KONG] Asian markets opened slightly cooler on Tuesday (Oct 28) as traders kept an eye on...
Singapore court orders Ron Sim’s LAC to return GNC stores, pay US$18.9 million in franchise dispute
The court finds that LAC had wrongfully terminated its agreement after ‘secretly’ preparing to rebrand all of the US health supplement retailer’s 54 stores in Singapore[SINGAPORE] The Singapore International...
Singapore drafts framework for cross-border trade of renewable energy certificates within Asean
The framework aims to help countries standardise their approaches for the tracking and accounting of cross-border RECs[SINGAPORE] Singapore, along with an international standard setter for energy attributes, has developed...
Seatrium bags S$170 million worth of new contract wins ahead of Q3 results
[SINGAPORE] Seatrium on Tuesday (Oct 28) announced that it has clinched S$170 million worth of new repair and upgrade contracts comprising major cruise, leisure and naval vessel projects.All works...
