Business
SingPost puts up 10 HDB shophouses for S$50 million in sale-and-leaseback bid
National postal service provider Singapore Post (SingPost) has put up 10 Housing & Development Board (HDB) shophouses for sale and…
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Business
US recovers US$225 million stolen in crypto scam
The US government said on Wednesday it recovered US$225 million in the largest seizure yet of money stolen in a cryptocurrency confidence…
Business
PEC delists from SGX on Jun 19 after US$165 million acquisition by Liberty Energy Solutions
Engineering company PEC was delisted from the mainboard of the Singapore Exchange (SGX) at 9 am on Thursday (Jun 19), after Alliance…
Business
Sats prices US$100 million in fixed-rate notes at 4.648%
In-flight caterer and ground handler Sats on Wednesday (Jun 18) priced US$100 million in fixed-rate notes due Jun 23, 2030, at 4.648 per…
Culture
‘How to Train Your Dragon’ Flies to $198 Million Globally, ‘Lilo & Stitch’ Surpasses $850 Million
It’s a PG box office boon as two live-action remakes are notching impressive theatrical milestones. Universal and DreamWorks Animation’s…
Culture
Box Office: ‘How to Train Your Dragon’ Soars to $83 Million Debut, A24’s ‘Materialists’ Impresses With $12 Million Start
“How to Train Your Dragon” flew to the top of box office charts, earning a stronger-than-expected $83 million in its first weekend of…
News
The $50 million classic soccer jersey brand that started with an eBay flip
On a Tuesday afternoon in London, Doug Bierton, the unlikely cofounder and CEO of an even more unlikely $50 million classic soccer jersey…
Business
Archer Aviation secures $850 million after Trump orders boost for electric air taxis
Air taxi maker Archer Aviation on Thursday said it raised $850 million in funding following executive orders signed by U.S. President…
Business
Hailey Bieber's Rhode Earned $20 Million in Media Exposure After E.l.f Beauty Acquired the Brand for $1 Billion
The acquisition of Hailey Bieber‘s brand, Rhode, by E.l.f. Beauty drove $20 million in media impact value for the brand within just 48…
News
Trump Launches $5 Million Gold Card on Fakest Looking Website
In an instance of exceptional depravity, Immigration and Customs Enforcement agents arrested a pregnant U.S. citizen just days before her…
Business
CapitaLand China Trust to divest retail property for 748 million yuan
CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the…
Business
Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth
Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter…
Business
Nintendo says sold record 3.5 million Switch 2 consoles in first four days
Nintendo said on Wednesday it had sold a record 3.5 million Switch 2 units worldwide in the first four days after the console was…
Business
Record 3.5 million Switch 2 consoles sold in first four days, says Nintendo
The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first four…
Business
Keppel Infrastructure Trust to divest 24.6% stake in Australian bus service business for A$130 million
Keppel Infrastructure Fund Management, the manager of Keppel Infrastructure Trust (KIT), is divesting a 24.6 per cent stake in an…
Business
Elite UK Reit to acquire three UK government-leased assets for £9.2 million
The manager of Elite UK Real Estate Investment Trust (Reit) announced on Tuesday (Jun 10) that the Reit has entered into a conditional…
Business
Atome to get US$75 million from Lending Ark as credit demand grows
As traditional credit markets in the US and Europe falter, private credit investors are turning their attention to emerging markets, drawn…
Business
1.7 million air conditioners recalled just as summer heat hits
Before you install that window AC unit to beat the summer heat, it’s worth taking a closer look: Yesterday, the appliance manufacturer…
News
Sen. Grassley says Biden DOJ gave Soros-backed group $7 million
Taxpayers' money has flowed to a George Soros-backed organization that defends illegal immigrants and works with prosecutors to advocate…
Business
Sasseur Reit receives up to 508 million yuan from sponsor for refinancing
Sasseur Real Estate Investment Trust’s (Reit) said a wholly owned subsidiary of its sponsor has entered into an unsecured sponsor loan…
Business
Lightstone Ventures, Temasek’s ClavystBio co-lead Allay Therapeutics’ US$57.5 million Series D funding
The company’s technology is used to create analgesic products that can aid patients with post-surgical pain management and recuperation…
Business
Keppel divests S$80 million of assets as part of multi-billion dollar monetisation programme
Asset manager Keppel is divesting its stakes in a New-York based company and an integrated agricultural logistics park in China to unlock…
Business
Sats proposes sale of 49% stake in holding company to Swiss airline caterer for 4.2 million euros
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing…
Business
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing…