Business
Venezuelan banks will get US$300 million of oil money to sell on exchange market: sources
FOUR Venezuelan banks were notified this week by the country’s government that they will split US$300 million of oil revenues deposited in…
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News
Australia’s social media ban for children has already wiped out 4.7 million accounts
Social media companies have revoked access to about 4.7 million accounts identified as belonging to children in Australia since the…
Business
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
The manager of CapitaLand Ascendas Reit (Clar) on Friday (Jan 16) announced its purchase of a logistics property in Columbus, Ohio, in the…
Business
Australia social media ban hits 4.7 million teen accounts in first month
Social media companies have collectively deactivated nearly five million accounts belonging to Australian teenagers just a month after a…
Business
Indian startup Varaha inks deal with Microsoft to remove 2 million tonnes of carbon dioxide
Project puts a spotlight on smallholder companies and their capability to deliver on carbon removal, says CEO of Varaha Indian startup…
Business
United Hampshire US Reit acquires Wallingford Fair Shopping Center for US$21.4 million
The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million The manager of United Hampshire US Real…
Business
Woh Hup Engineering JV wins S$326 million LTA contract for Downtown Line extension
The contract includes work for two mainline tunnels and a tunnel link to Gali Batu Depot The Land Transport Authority (LTA) has awarded…
Business
HSBC, Prudential in US$220 million funding for Hong Kong’s WeLab
The fintech has over 70 million individual users and more than 700 enterprise customers Hong Kong-based fintech firm WeLab has secured…
Business
UOB prices S$850 million perpetual securities at 3%
UOB has priced S$850 million in perpetual capital securities at 3 per cent under its US$30 billion Global Medium Term Note Programme, the…
Business
Renaming the Department of Defense the 'Department of War' could cost up to $125 million
Renaming the Department of Defense the Department of War could cost U.S. taxpayers as much as $125 million depending on how broadly and…
Culture
Australian Open Million Dollar One Point Slam: Amateur Jordan Smith stuns world's best
The event, held four days before the Australian Open starts on Sunday, featured a total of 48 competitors, including 24 top professionals.…
Business
Inside Saks Global’s Bankruptcy Filing: Christian Louboutin Is Owed $21.6 Million, Jimmy Choo Parent Capri’s Tally Is $33.3 Million
The world’s biggest footwear players are among the largest unsecured creditors in Saks Global’s Chapter 11 bankruptcy. After weeks of…
Business
Catalist-aspirant Toku to sell 65 million shares at S$0.25 apiece for its initial public offer
The company will raise net proceeds of S$13.7 million; post-listing, it will execute its expansion plans A listing on the Catalist board…
Business
CICT to divest Bukit Panjang Plaza for S$428 million
The sale is being undertaken to optimise the Reit’s portfolio and to give it greater financial flexibility CapitaLand Integrated…
Celebrity
Golden Globes Hit 8.7 Million Viewers Amid NFL Competition
The 83rd annual Golden Globes reached an averageof 8.7 million viewers on Sunday night, which marked the ceremony’s third year in a row of…
Business
F&N unit prices S$125 million in fixed-rate notes due 2033 at 2.6%
The notes are payable semi-annually in arrears and will be issued in denominations of S$250,000 each Beverage maker Fraser and Neave (F&N)…
Culture
‘Flow,’ ‘Emilia Perez’ Push Global Box Office for French Films to $318 Million for 2025
Co-production muscle and Oscar glory burnished French cinema’s global cachet in 2025, as both majority and minority French productions…
Celebrity
Paul Haggis Settles With Rape Accuser for $2 Million
Paul Haggis has reached a settlement with the former film publicist who won a $10 million rape verdict against him in 2022. The…
News
Donations top $1.5 million for wife and children of the woman fatally shot by ICE in Minneapolis
The GoFundMe campaign created for the family of Renee Macklin Good has surpassed $1.5 million in the two days since she was shot and…
News
U.S. expected to reap 30 million barrels of Venezuelan oil
As much as 30 million barrels of Venezuelan oil is on its way to the United States, according to President Trump, which would be the…
Business
Geo Energy buys majority stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy said on Thursday (Jan 8) that it has completed its acquisition of majority stakes in two Indonesian…
Business
UI Boustead said to seek US$700 million Singapore IPO in March
The real estate investment trust unit of Boustead Singapore will begin taking investor orders as soon as next month UI Boustead Reit is…
Business
CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics facility
71,000 sq m facility set for completion in 2028; CLI also takes minority stake in smart logistics firm Ally Logistic Property CapitaLand…
Business
Former mm2 Asia subsidiary Vividthree receives letter of demand for S$1.2 million
Former mm2 Asia subsidiary Vividthree on Wednesday (Jan 7) announced that it received a letter of demand from UOB for nearly S$1.2…