Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
OLAM Group’s indirect 64.57 per cent-owned subsidiary Olam Agri on Thursday (May 2) increased its off-market takeover offer to acquire all shares...
Singapore offices await a new wave of tenants
AFTER beating back pandemic blues, elevated interest rates, and a worldwide shift towards work from home, Singapore’s office market is finally looking...
China’s electric cars keep improving, a worry for rivals elsewhere
CARMAKERS in China are building a new generation of bigger, more technologically advanced and competitive electric cars, threatening to leap further ahead...
Booking says room reservations to slow amid Middle-East conflict
BOOKING Holdings, owner of travel brands Kayak and Priceline, said it expects room-night reservations to slow in the current quarter as tensions...
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
AMID ongoing investigations into its processes and a shareholder dispute, troubled private cord-blood bank Cordlife Group has been thrust back into the...
Binance founder Zhao Changpeng gets four months in prison
BINANCE founder Zhao Changpeng was ordered to spend four months in prison for failures that allowed cybercriminals and terrorist groups to freely...
Blackstone in talks to buy Dulwich schools in Singapore, Seoul for US$600 million
BLACKSTONE is nearing a deal to buy some of Dulwich College International’s Asian assets for about US$600 million, according to sources with...
Strained Chinese cities struggle to pay home-buying subsidies
AMY Wang was counting on a 100,000 yuan (S$18,800) subsidy promised by authorities in the eastern Chinese city of Weifang to fit...
Fifth money launderer gets longer jail term of 15 months
ZHANG Ruijin, one of the 10 individuals embroiled in Singapore’s largest money laundering case, has been sentenced to 15 months’ jail, the...
Singapore Airlines could post highest-ever earnings of about S$2.7 billion for FY2024, says analyst
SINGAPORE Airlines (SIA) might post its highest-ever net profit of almost S$2.7 billion for FY2024 and reward shareholders with a final dividend...