Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel
The contract was with a Maersk Offshore Wind affiliate, for deployment at US offshore wind farm Seatrium on Friday (Oct 10) announced that…
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Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Halfdays Secures $10 Million in Series A Funding
The women-led outdoor apparel brand Halfdays has closed a $10 million series A funding round. The investment in the five-year-old company…
Business
Top Glove swings into the black with RM38.6 million Q4 net profit; declares 0.48 sen final dividend
Malaysian glove-maker Top Glove on Thursday (Oct 9) posted a net profit of RM38.6 million (S$11.8 million) for its fourth quarter ended…
Business
Top Glove swings into the black with RM38.6 million Q4 net profit; returns to full-year profitability
It declares a final dividend of 0.48 sen per share and attributes the improved performance to stronger demand Malaysian glove-maker Top…
Business
Keppel Reit raises S$113 million in private placement for Sydney mall buy
The manager of Keppel Reit on Thursday (Oct 9) announced that the private placement to raise S$113 million for its majority purchase of…
Business
Industrial property developer Soon Hock Enterprise to offer 21.6 million shares at S$0.58 apiece in mainboard listing
The company expects to raise net proceeds of about S$34.6 million, part of which will be used for land-site and building acquisitions…
Business
Temasek-backed Foundation Healthcare mulls US$300 million Singapore IPO: sources
Foundation Healthcare, backed by Temasek Holdings, is considering an initial public offering (IPO) that could value the medical group at…
News
Australia launches A$600 million rescue of Glencore copper smelter
The country’s metals processing sector has also been under pressure from high energy and labour costs Australia announced a A$600 million…
Business
Aspial Corp, Koh family-linked entity move to privatise AF Global for S$31.8 million as it sells stake in Knight Frank Singapore
The offeror, AFG Investment, is looking to acquire a 27.35% stake in the mainboard-listed hospitality player for S$0.11 per share A…
Business
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first retail pure play purchase
This marks its expansion into the retail sector, the manager’s chief executive says Keppel Real Estate Investment Trust (Reit) has entered…
Business
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first pure-play retail purchase
This marks its expansion into the retail sector, the manager’s chief executive says Keppel Real Estate Investment Trust (Reit) has entered…
Business
Sanders: AI may take 100 million jobs in the next 10 years
Bernie Sanders says in a new ChatGPT-assisted report released Monday that AI and automation could eliminate nearly 100 million jobs over…
Business
Did a Reddit moderator pirate Nintendo games? A $4.5 million lawsuit says he did
Nintendo has filed suit against an individual it says is a moderator on Reddit, accusing him of piracy and facilitating a network of…
Business
StarHub prices S$200 million perpetual securities at 3.35%
Net proceeds from the issue will be used to finance the group’s general corporate funding requirements and investments StarHub has priced…
Business
Duty Free International returns to the black with RM2.6 million Q2 net profit
Revenue for the quarter is up 14.5% at RM42.6 million amid stronger customer demand Malaysian retail group Duty Free International…
Business
NetLink opens S$110 million Seletar Central Office to serve northern Singapore
The facility will benefit upcoming developments including the North-South Corridor and 40,000 new homes Internet service provider NetLink…
Culture
Australian Open: Grand Slam introduces 'Million Dollar One Point Slam' with Carlos Alcaraz to headline
Amateur players will have the chance to win a million-dollar prize when they face tennis' top professionals - including Carlos Alcaraz -…
Business
CapitaLand Ascendas Reit to acquire 3 Singapore properties for about S$565.8 million
Acquisition will increase the value of Clar’s portfolio in the Republic to around S$12.3 billion The manager of CapitaLand Ascendas Reit…
Business
ExxonMobil expects up to US$300 million boost to Q3 upstream earnings from oil prices
EXXONMOBIL said on Monday changes in crude oil prices over the third quarter could impact the company’s upstream earnings from negative…
Celebrity
Taylor Swift sells 2.7 million copies of ‘The Life of a Showgirl’ on Day 1, breaking the U.S. record
It’s the life of a saleswoman. Taylor Swift’s 12th studio album, “The Life of a Showgirl,” sold 2.7 million copies in traditional album…
Business
Thakral to receive S$13.1 million from sale of shares in UK beauty company, ahead of London IPO
Thakral’s remaining TBTG shares will be worth £18.1 million (S$31.5 million) immediately upon listing Singapore-listed Thakral Corp will…
Business
Del Monte expects to raise US$500 million to US$600 million in private placement to tackle debt
The company is also considering asset disposals and engaging bankers on its loans Del Monte Pacific could raise between US$500 million and…
Celebrity
Taylor Swift Conquers Box Office as ‘Showgirl’ Hits $46 Million Globally, ‘One Battle After Another’ Crosses $100 Million Benchmark
And that’s the life of a showgirl. Taylor Swift‘s “The Official Release Party of a Showgirl,” a cinematic complement to the pop star’s…