Fashion
Ellipsiz appoints David Lum as adviser
ENGINEERING and service solutions firm Ellipsiz will appoint businessman David Lum as an adviser.In a bourse filing on Thursday (Feb 13), the mainboard-listed group said that it entered into...
Pension segment and new licence to grow wealth management business: iFast CEO
THE core wealth management business of iFast recovered in 2024, with net inflows of S$3.3 billion compared to S$2 billion the year prior.Gross unit trust subscription increased to S$7.4...
Alibaba to partner with Apple on AI features, sending shares to 3-year high
ALIBABA will partner with Apple to support iPhones’ AI services offering in China, its chairman said on Thursday (Feb 13), a move likely to help the US company ease...
Honda and Nissan say merger talks called off
Japanese auto giants Honda and Nissan confirmed on Thursday (Feb 13) they had scrapped merger talks announced in December, ending a tie-up that would have created the world’s third-largest...
South Korea fines JPMorgan, Morgan Stanley, Nomura and UBS for short selling breaches
South Korea’s market watchdog has decided to impose fines on JPMorgan, Morgan Stanley, Nomura and UBS for violating short-selling rules in the domestic stock market, officials at the country’s...
Bezos’ rocket firm bracing for job cuts after years of expansion
Blue Origin is bracing for a large reduction in its workforce, sources familiar with the matter said, in a sign the Jeff Bezos-backed space company is looking to cut...
UAE company plans nuclear power plant in Indonesia
EMIRATES Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian economic affairs ministry said in a...
Indonesia says UAE’s Emirates Global Aluminium plans nuclear power plant
UAE firm Emirates Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian economic affairs ministry said...
China’s coal plant boom is undercutting clean energy push
Long-term coal-power contracts are also reinforcing the fuel’s dominance at the expense of renewablesCHINA embarked last year on its biggest coal-power building boom in a decade, reinforcing the role...
Singapore shares open lower on Thursday; STI down 0.1%
SINGAPORE equities began Thursday (Feb 13) in negative territory, following mixed performance overnight in the US and Europe. As at 9.01 am, the Straits Times Index (STI) fell 4.98...
Prudential mulls listing of its Indian joint venture ICICI Prudential Asset Management
BRITISH insurer Prudential is evaluating a potential listing of its Indian joint venture, ICICI Prudential Asset Management, which will involve the partial sale of its shares. The transaction is...
Seatrium inks MOU with BP for deepwater floating production unit in US Gulf of America
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPUOFFSHORE and marine specialist Seatrium inked a memorandum of understanding (MOU) with BP Exploration & Production,...