Culture
Legal documents no longer needed for small claims on a deceased’s CDP assets
The change means relatives of those who die intestate and have assets of S$5,000 or less need not run up legal costs RELATIVES of those who die without having...
US$34 billion asset manager plans to hire in Singapore for climate finance
Mirova currently has 13 employees in Singapore, mostly focused on investment and research Mirova, which manages assets worth about US$34 billion, plans to expand in Asia to tap the...
XPeng forecasts upbeat fourth quarter revenue as new launches improve demand
CHINESE electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday (Nov 19), as a refreshed product line-up and improving domestic market help the company...
Nestle to cut costs, boost marketing under new CEO
It aims to achieve cost savings of at least 2.5 billion Swiss francs by 2027, in addition to ongoing savings of around 1.2 billion Swiss francsNestle will boost advertising...
Gold hits one-week high on softer US dollar; markets await Fed cues
Gold prices climbed to a one-week high on Tuesday (Nov 19), buoyed by a softer US dollar, while the market awaited comments from Federal Reserve officials for cues on...
WeWork gives up Singapore locations in sign of co-working woes
WEWORK is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets.One co-working space spanning the 17th to 20th...
Hot stock: ST Engineering gains 4% on strong Q3 revenue showing
SHARES of ST Engineering rose in early trade on Tuesday (Nov 19) after the technology and engineering group reported that its third-quarter revenue was up 14 per cent year...
Marina Bay Sands eyes Singapore’s largest loan of S$12 billion
MARINA Bay Sands is seeking a loan of around S$12 billion, in what would be the largest financing from Singapore, as the company looks to fund the planned expansion...
Keppel DC Reit to acquire 2 hyperscale data centres from sponsor Keppel for S$1.4 billion
THE manager of Keppel DC Real Estate Investment Trust (Keppel DC Reit) has proposed to acquire interests in two artificial intelligence (AI) ready hyperscale data centres from a joint...
Singapore shares rise at Tuesday’s open; STI up 0.3%
SINGAPORE stocks began trading in positive territory on Tuesday (Nov 19) after global equities ended mixed overnight.As at 9.02 am, the Straits Times Index (STI) rose 12.35 points or...
