News
Malaysia’s Petronas aims for China, Vietnam expansion while seeking long-term LNG supply
[BEIJING] Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas (LNG) sales into markets such as China and Vietnam while also looking to secure more long-term...
OpenAI to open office in Seoul amid growing demand for ChatGPT
Published Mon, May 26, 2025 · 12:56 PM[SEOUL] OpenAI will set up its first office in Seoul and has established an entity in South Korea as demand in the...
Logistics reimagined: More young people in Singapore are drawn to tech-related roles in the field
[SINGAPORE] Gone are the days when logistics was seen as an unglamorous, manual labour-intensive field.As many bigger logistics firms undergo digital transformation in recent years, they also become increasingly...
Frasers Property’s bid to privatise Frasers Hospitality Trust does nothing for offeror’s minorities
[SINGAPORE] Minority investors of Frasers Hospitality Trust (FHT) are getting a second chance to exit their holdings by way of a privatisation offer.FHT’s sponsor Frasers Property recently proposed privatising...
Japan touts ships expertise, LNG investment as tariff talks key
[TOKYO] Japan may offer financial and technical contributions ranging from investment in an Alaskan liquefied natural gas (LNG) pipeline project to shipbuilding expertise as it seeks to smooth the...
CPF extends Great Eastern’s Dependants’ Protection Scheme administrator contract to September 2028
The term life insurance scheme currently covers more than two million Singaporeans and permanent residents, the CPF Board said[SINGAPORE] Great Eastern will continue to administer the Dependants’ Protection Scheme...
Saudi Aramco considers asset sales to free up funds: sources
Published Mon, May 26, 2025 · 10:18 AM[DUBAI] Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as...
Stocks to watch: Sats, The Hour Glass, Japan Foods, Manulife US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 26).
Sats: The in-flight caterer on Friday reported net profit of S$38.7 million...
Gold remains in long-term uptrend but caution needed
Gold markets have been anything but dull in 2025, but what’s more interesting is that the metal is back in the headlines and climbing higher once again. In recent...
Nvidia to launch cheaper Blackwell AI chip for China after US export curbs: sources
[BEIJING/TAIPEI] Nvidia will launch a new artificial intelligence (AI) chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production...
