Business
Acrophyte Hospitality Trust proposes disposal of Michigan hotel for US$6.7 million
Acrophyte Hospitality Trust has proposed the disposal of a hotel in the US city of Auburn Hills in Michigan for a consideration of around…
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Business
Peter Kwee, son and firm sued for over S$71 million over insolvency of Laguna club operator
Motoring tycoon Peter Kwee has been sued – along with his 55-year-old son Kevin and their firm Laguna Hotel Holdings – for allegedly…
Business
Vince McMahon Sells $250 Million of TKO Shares to WME Group
Vince McMahon has sold a big tranche of his stock in TKO Group to Endeavor Group Holdings, the majority shareholder of the parent company…
News
Trump’s big bill will add $2.4 trillion to deficit and leave 10.9 million more uninsured, CBO warns
President Donald Trump’s big bill making its way through Congress will cut taxes by $3.75 trillion but also increase deficits by $2.4…
Culture
‘Lilo & Stitch’ to Battle ‘Ballerina’ for Box Office Crown as ‘John Wick’ Spinoff Targets $30 Million Opening Weekend
Will audiences care about the world of “John Wick” without the titular nunchuck-wielding hitman, portrayed by Keanu Reeves across four…
Business
CapitaLand Malaysia Trust proposes sale of 435.4 million units to raise RM250 million
The manager of CapitaLand Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Tuesday (Jun 3) proposed a placement of up to…
Business
Virgin Australia seeks to raise US$442.8 million in IPO, term sheet shows
Capital-owned Virgin Australia is looking to raise A$685 million (S$442.7 million) in an initial public offering, according to a term…
Business
Virgin Australia returns to stock market with launch of A$685 million IPO
Virgin Australia is set to return to the stock market after a five-year absence, with the Bain Capital-owned airline launching a A$685…
Business
Garuda said in talks for US$500 million from Indonesia wealth fund
Garuda Indonesia is in talks with the country’s sovereign wealth fund Danantara about an injection of around US$500 million, according to…
Business
Nio records US$949.6 million net loss for Q1
Chinese electric vehicle (EV) maker Nio posted a net loss of US$949.6 million for the first quarter of 2025 ended March, representing a…
Business
‘Andor’ Creator Says Disney Spent ‘$650 Million for 24 Episodes’ and ‘We Fought Hard’ for Money After Being Told in Season 2: ‘Streaming Is Dead. We Don’t Have the Money We Had Before’
“Andor” creator Tony Gilroy dropped a bombshell during a recent Q&A at the ATX Television Festival (via IndieWire): The total budget for…
Business
Semiconductor manufacturer Frencken to build new S$63 million plant in Kaki Bukit
Semiconductor maker Frencken will invest S$63 million to build a new and larger five-storey manufacturing facility in Kaki Bukit. The new…
Business
Grand Venture Tech’s Q1 after-tax net profit up 27.7% to S$2.6 million
Manufacturing-service provider Grand Venture Technology (GVT) on Tuesday (Jun 3) posted a first-quarter net profit after tax of S$2.6…
Business
Hong Leong-led consortium secures S$692 million green loan from DBS, OCBC for Tengah’s first private mixed-use project
A consortium led by Hong Leong Holdings has secured a S$692 million green loan to finance the development of Tengah’s first nature-centric…
Business
Frasers unit to buy S$48 million Yishun cinema complex from Golden Village
A wholly owned subsidiary of Frasers Property has agreed to buy a cinema complex in Yishun Central from Golden Village Multiplex and lease…
Business
Google to spend US$500 million revamping compliance in shareholder settlement
Google agreed to spend US$500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the…
Business
DBS, UOB, OCBC return surplus capital with over S$700 million of buybacks
In the first five months of 2025, 63 primary-listed Singapore companies conducted share buybacks through open market acquisitions,…
Business
Cybersecurity firm Goldilock invests S$1.2 million, opens regional HQ in Singapore
It will hire five engineers here within the first 18 months of opening, and about 20 people over the coming three years Cybersecurity…
Business
Colorado’s landfills generate as much pollution as driving 1 million cars for a year
Remember the banana peels, apple cores, and leftover pizza you recently threw in the garbage? Today, your food waste—and your…
Business
OKP unit wins S$258.3 million LTA contract to construct new cycling paths in east
A unit of mainboard-listed infrastructure and civil engineering company OKP has won a contract worth S$258.3 million from the Land…
Business
Wee Hur sets up S$500 million medium-term note programme
Notes to be issued may be in Singapore dollars or any other currency, in various amounts and tenors, and may bear interest at fixed,…
Business
Fuji Offset Plates Manufacturing shares jump 67% after former Dyna-Mac CEO AC Lim buys S$4.5 million stake
It appears former Dyna-Mac chairman and chief executive Lim Ah Cheng – better known in the industry as AC Lim – is working his magic…
News
A New Working-Class GOP? If “Working-Class” Means $4.3 Million a Year!
So much for a new, “populist” Republican Party. So much for the GOP as a brave band of fiscally prudent, anti-deficit hawks. The “Big,…
Business
Livingstone Health back in the black, logs H2 profit of S$0.4 million from streamlining efforts, higher revenue
Livingstone Health Holdings Limited booked a net profit of S$0.4 million for the second half-year ended Mar 31, a reversal of the net loss…