Companies & Markets
ST Engineering bags S$600 million contract to design, supply boat platform systems for Kuwaiti navy
This follows a deal for four vessels for UAE navy also awarded by Abu Dhabi Ship Building
Chinese chipmakers claim nearly half of local market as Nvidia’s lead shrinks
Beijing pushes domestic chips over foreign tech to cut dependence and bolster local alternatives
Mapletree Investments sells mid-shallow bay logistics portfolio to Dalfen Industrial for US$207.5 million
The portfolio includes 19 warehouse assets across key US distribution markets in Texas, Illinois, Ohio and Indiana
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‘No definitive decision’ made for YZJ Maritime to pursue capital market activities in Hong Kong: CEO
Yangzijiang Shipbuilding also says it has no plans for equity fundraising transactions outside Singapore
Wall St opens higher as Iran war resolution hopes lift sentiment
[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Apr 1), building onto their biggest one-day jump in nearly a year in the previous session, following President Donald Trump’s comment ...
Thailand seeks more LNG from Malaysia, energy officials say
[KUALA LUMPUR] Thailand is actively seeking additional LNG supplies from Malaysia following disruptions caused by the ongoing Middle East conflict, Thai energy government officials said on Wednesday (...
PetroChina plugs Singapore plant’s shortfall with crude from China storage, trackers say
The tanker New Merit hauls 1.8 million barrels of crude from Dalian to Jurong Island
Nio deliveries rise 136% in March; Q1 volume nearly doubles
Cumulative deliveries reach 1,081,057 as at Mar 31
Unilever and McCormick investors find US$65 billion food deal hard to swallow
Analysts cite concerns over deal structure, integration challenges, and regulatory risks