Lifestyle
Mental health unit care workers charged after BBC Panorama probe
Two care workers have been charged with the ill-treatment of four people at a mental health unit which featured in an undercover BBC…
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Unit
Business
Singtel unit sells 0.8% stake in Bharti Airtel for about S$1.5 billion, booking estimated S$1.1 billion gain
Singtel announced its indirect wholly owned subsidiary Pastel has raised gross proceeds of about S$1.5 billion from selling a 0.8 per cent…
Business
KKR plans investment expansion for insurance unit in India
The investment firm insurance business is anchored through Global Atlantic Financial Group KKR is planning a bigger role for its India…
Business
Amazon reports cloud unit grew at fastest rate since 2022
The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and…
News
Director of Hong Leong Asia unit resigns amid probe by authorities in China
Wu Qiwei, a former board member of China Yuchai International, is suspected of ‘serious violations of discipline and law’ Wu Qiwei, a…
Business
LHN’s co-living unit Coliwoo to offer 80.3 million shares at S$0.60 apiece in mainboard listing
The offering comprises a placement of 75 million placement shares to investors in Singapore and outside the United States as well as a…
Business
Sembcorp Solar, new Aster unit ink deal for renewable power worth 17,000 cars’ emissions
Aster Power will focus on advancing power and steam generation, as well as renewable power solutions across Aster’s assets Chemical and…
Business
PropNex unit, agent sued by Hao Mart over Orchard Road lease for over S$3.5 million
Supermarket chain Hao Mart has filed a lawsuit against a wholly owned unit of mainboard-listed PropNex and one of its agent, alleging…
Business
Hao Mart sues PropNex unit, agent for S$3.5 million over Taste Orchard lease
Defendants say they’re acting as agent for landlord OG, and therefore owe no obligation to the plaintiff to act in its best interests…
Business
Hao Mart sues PropNex unit, agent for more than S$3.5 million over Taste Orchard lease
Defendants say they’re agent for landlord OG, and owe no obligation to the claimant to act in its best interests Supermarket chain Hao…
Business
Nexperia’s China unit resumes chip sales to domestic distributors, requires renminbi-only payments: sources
The chipmaker is seeking chip packaging partners outside China as the dispute drags on [BEIJING/TAIPEI] Dutch chipmaker Nexperia’s Chinese…
Business
Wee Hur unit enters JV to build Wycombe Abbey international school in Singapore
It also plans to consolidate its purpose-built student accommodation assets under a new fund Wee Hur announced on Wednesday (Oct 22) that…
Business
Wee Hur unit in JV to build Wycombe Abbey international school in Singapore
It also plans to consolidate its purpose-built student accommodation assets under a new fund Wee Hur announced on Wednesday (Oct 22) that…
Culture
Meta is cutting around 600 roles in AI unit, Axios reports
The cuts will affect the company’s Facebook Artificial Intelligence Research (FAIR) unit Meta is cutting roughly 600 positions out of the…
Culture
Meta reported to be cutting around 600 roles in AI unit
The cuts will affect the company’s Facebook Artificial Intelligence Research (FAIR) unit Meta is cutting roughly 600 positions out of the…
Business
Wilmar Indonesia unit general manager charged over sugar imports
The unlawful raw sugar imports have allegedly caused state losses amounting to 578 billion rupiah The general manager of Wilmar…
Business
Coinbase, Fortnite among services hit by global outage of Amazon’s cloud unit
AMAZON’S cloud services unit AWS was hit by an outage on Monday (Oct 20), causing connectivity issues for many companies around the world…
Business
PropNex says S$849,287 lawsuit against unit over ‘99-to-1’ deal has been dropped
It added that this is not expected to have a material impact on its financial position and performance for the financial year ending Dec…
Business
‘99-to-1’ transaction: PropNex says S$849,287 lawsuit against unit has been dropped
It is not expected to have a material impact on its financial position and performance A lawsuit against PropNex Realty, a wholly owned…
Fashion
Sembcorp unit wins conditional approval to import 1 GW of hydropower from Sarawak
Expected to start commercial operations around 2035, the project contributes to Singapore’s plans to import 6 GW of clean power by 2035…
Business
Chinese data centre firm GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long term GDS Holdings, one of China’s…
Business
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project, 3 Tokyo facilities
When completed, the local facility will expand ESA’s portfolio in the Republic to 13 properties with more than 1.5 million sq ft of gross…
Business
Hong Kong's bourse operator expands commodities business with Dubai unit
HONG Kong Exchanges & Clearing (HKEX) launched a new unit in Dubai to advance its commodities business, the exchange operator said on…
News
China’s Wingtech seeks government help after Dutch intervention at Nexperia unit
The Chinese semiconductor company’s Shanghai-listed shares plunged 10% on Monday to a one-month low [AMSTERDAM/SHANGHAI] Chinese…