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The Straits Times

Green listings are the way to go for Singapore's capital markets

The region faces a funding crunch as it transitions towards net zero. Singapore can help plug the gap.

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4 mins  |
November 26, 2024
In a world of higher tariffs, Asia must leverage its trade agreements
The Straits Times

In a world of higher tariffs, Asia must leverage its trade agreements

Global trade is set to take a hit, but deglobalisation doesn't have to be every country's destiny.

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5 mins  |
November 26, 2024
The Straits Times

Choon Huat Engineering is tops at Enterprise 50 Awards

It was Choon Huat Engineering's first time participating in the Enterprise 50 (E50) Awards in 2024, and the construction equipment rental firm hit a home run.

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3 mins  |
November 26, 2024
The Straits Times

Call for views on why retail investors shun S'pore stocks

Survey aims to ascertain their needs and challenges to revitalise trading on SGX

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4 mins  |
November 26, 2024
Musk's wealth hits record $469b on post-election boom
The Straits Times

Musk's wealth hits record $469b on post-election boom

Mr Elon Musk's net worth hit an all-time high of US$347.8 billion (S$469 billion) on Nov 22, driven by Tesla's ongoing stock rally and a new funding round valuing his artificial intelligence start-up xAI at US$50 billion.

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2 mins  |
November 26, 2024
The Straits Times

Adani reports sufficient cash after rout sparked by US charges

India's Adani Group said it has enough cash to service debt obligations, as it sought to reassure creditors after a US bribery indictment against founder Gautam Adani triggered a sell-off in the conglomerate's stocks and bonds.

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1 min  |
November 26, 2024
The Straits Times

S'pore financial sector's exposure to Adani Group limited so far

Banks have measures to manage exposures to borrowers and counterparties, says MAS

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2 mins  |
November 26, 2024
The Straits Times

CapitaLand Investment rebalancing portfolio to grow Asia businesses

CapitaLand Investment (CLI) will rebalance its portfolio to grow its India and South-east Asia businesses and optimize its China holdings, as it seeks further geographical diversification for growth.

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2 mins  |
November 26, 2024
Singapore Gulf Bank to raise funds, buy stablecoin payments firm
The Straits Times

Singapore Gulf Bank to raise funds, buy stablecoin payments firm

Singapore Gulf Bank is seeking to raise at least US$50 million (S$67.3 million) in a funding round and plans to acquire a stablecoin payments company in 2025, according to people with direct knowledge of the matter.

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1 min  |
November 26, 2024
Chinese investors digest letdown from Big Tech earnings
The Straits Times

Chinese investors digest letdown from Big Tech earnings

BEIJING - From Tencent Holdings to Alibaba Group Holding, China's tech leaders have delivered underwhelming numbers for a quarter beset by economic and geopolitical uncertainty.

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3 mins  |
November 26, 2024
The Straits Times

China exports set to hit record high before Trump takes office

Economists expect panic-stockpiling by foreign firms amid spectre of trade war

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2 mins  |
November 26, 2024
South Korean prosecutors seek 5-year jail term for Samsung chairman
The Straits Times

South Korean prosecutors seek 5-year jail term for Samsung chairman

South Korean prosecutors requested on Nov 25 a five-year jail term for Samsung Electronics chairman Lee Jae-yong over his actions during a controversial merger of affiliates that helped solidify his control, in a case being tried at an appeals court.

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1 min  |
November 26, 2024
AI boom turns 139-year-old cable maker into Japan's hottest stock
The Straits Times

AI boom turns 139-year-old cable maker into Japan's hottest stock

Tech firms pouring money into building data centers, other infrastructure for AI

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3 mins  |
November 26, 2024
US to cut Intel's $11.5 billion grant under Chips Act
The Straits Times

US to cut Intel's $11.5 billion grant under Chips Act

The Biden administration plans to reduce Intel's preliminary US$8.5 billion (S$11.5 billion) federal Chips grant, a move that follows the US tech giant's investment delays and broader business struggles.

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2 mins  |
November 26, 2024
The Straits Times

Singapore stocks close lower despite gains in most of region

STI slips 0.4%, dragged down by Yangzijiang Shipbuilding DFI Retail tops index while local bank trio end in the red RHB upgrades banking stocks with 'buy' call on UOB, DBS

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1 min  |
November 26, 2024
Condo resale prices fall for first time in 10 months
The Straits Times

Condo resale prices fall for first time in 10 months

Analyst says 0.5% overall dip in October is likely due to the influx of new supply

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3 mins  |
November 26, 2024
The Straits Times

2 money transfer shops were sharing info on yuan rates: Watchdog

Two neighbouring money transfer shops in Chinatown have been found to have shared information on their remittance rates for renminbi for more than six years.

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1 min  |
November 26, 2024
The Straits Times

UOL Group apologises for event attendees' blackface makeup

A local real estate group issued an apology after a group of attendees at its recent dinner and dance event were seen donning blackface makeup and Afro wigs.

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1 min  |
November 26, 2024
The Straits Times

Lawyer who used injured worker's settlement sum to pay own fees disbarred

His inaction in another migrant worker's case caused the lawsuit to be discontinued

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3 mins  |
November 26, 2024
The Straits Times

Ex-insurance agent uses fictitious scheme to cheat man of $543,000

A former insurance agent admitted in a district court that he duped a man into transferring more than $543,000 to him over 35 occasions between March 2018 and March 2019.

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2 mins  |
November 26, 2024
Man hurt after container falls on forklift at Pasir Panjang
The Straits Times

Man hurt after container falls on forklift at Pasir Panjang

A man was taken to hospital after a container fell on the forklift he was operating at the Pasir Panjang Terminal on the morning of Nov 25.

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1 min  |
November 26, 2024
Coming to terms with relocation, with support from community
The Straits Times

Coming to terms with relocation, with support from community

675 rental households in Henderson Road have to bid farewell to estate by Sept 2025

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4 mins  |
November 26, 2024
First two of the 25 new trains for Sengkang-Punggol LRT arrive
The Straits Times

First two of the 25 new trains for Sengkang-Punggol LRT arrive

The first two new trains for the Sengkang-Punggol LRT arrived in Singapore on Nov 23, and will enter passenger service in the third quarter of 2025.

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2 mins  |
November 26, 2024
Truce with Hezbollah may be days away: Israeli envoy
The Straits Times

Truce with Hezbollah may be days away: Israeli envoy

But Israel’s far-right security chief is against ceasefire and hostilities have intensified

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3 mins  |
November 26, 2024
The Straits Times

Lebanon condemns attacks on UN peacekeepers

Lebanon on Nov 25 condemned attacks on the United Nations peacekeeping mission (Unifil) stationed in its south, including last week's rocket strike in which four Italian soldiers were lightly injured.

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1 min  |
November 26, 2024
In world's largest refugee camps, Rohingya mobilise to fight in Myanmar
The Straits Times

In world's largest refugee camps, Rohingya mobilise to fight in Myanmar

Many join groups loosely allied with former military persecutors to fight ethnic militia

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5 mins  |
November 26, 2024
The Straits Times

How to avoid military service? South Korean takes a fat chance

A 26-year-old South Korean man was found guilty of evading national service after he deliberately gained weight to avoid serving in the military.

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1 min  |
November 26, 2024
The Straits Times

UK government to make spiking a criminal offence

Spiking will become a new standalone criminal offence, British Prime Minister Keir Starmer's office announced late on Nov 24, as the leader reiterated a vow to halve violence against women and girls.

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2 mins  |
November 26, 2024
Artist surprised to see his Penang mural on AirAsia plane
The Straits Times

Artist surprised to see his Penang mural on AirAsia plane

An iconic Penang mural has been used as a livery on an AirAsia plane – much to the surprise of the artist, who said the airline did not seek his permission.

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1 min  |
November 26, 2024
The Straits Times

Calls for Malaysia to boost protection against pneumonia as fatalities rise

Experts raise need for vaccination push to fight nation's leading cause of death in 2023

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4 mins  |
November 26, 2024