News
Billionaire Richard Li’s FWD Group again files for Hong Kong listing
Its previous attempts to go public were scuttled by regulatory delays and market volatilityPublished Mon, May 19, 2025 · 11:10 PM[HONG KONG] FWD Group, a Hong Kong-based insurer backed...
23andMe sells gene-testing business to DNA drug maker Regeneron
Bankrupt genetic-testing firm 23andMe agreed to sell its data bank, which once contained DNA samples from about 15 million people, to the drug developer Regeneron Pharmaceuticals for $256 million.The...
Airbus in talks with Malaysia Airlines for its A220 planes
Airbus sees potential for the A220 in Malaysia, where about 150 of its other commercial planes operatePublished Mon, May 19, 2025 · 07:05 PM[KUALA LUMPUR] European planemaker Airbus is...
Ossia appoints Asian Corporate Advisors as independent financial adviser for privatisation offer
The controlling shareholders of Ossia have made an unconditional offer on May 15 to take the company private at S$0.16 a share[SINGAPORE] Mainboard-listed Ossia International has appointed Asian Corporate...
Indonesia’s Pertamina seeks petrol for July-December, excludes Singapore supply
Indonesia is considering a cut to fuel imports from Singapore and instead increase supply from the USPublished Mon, May 19, 2025 · 04:54 PM[SINGAPORE/JAKARTA] Indonesia’s Pertamina has issued five...
Indonesia taps Singapore traders in US$12 billion Pertamina probe
[SINGAPORE] Indonesian authorities have contacted a number of Singapore-based trading companies to request their cooperation in a US$12 billion corruption probe involving state-owned oil giant Pertamina.
The oil traders received...
Kwek Poh Heok named new CEO of Business China; Ho Chee Hin exits into public sector
[SINGAPORE] Kwek Poh Heok has been appointed the new chief executive of Business China, with effect from Jul 1. She succeeds Ho Chee Hin who served as CEO from...
Ryanair says tariff war top threat to growth; plans buyback
[LONDON] Ryanair Holdings said profit growth this year will depend on working through the risk of tariff wars, geopolitical conflicts and macroeconomic blows.The airline said it was too early...
Xiaomi to invest at least 50 billion yuan in chip design: founder
Published Mon, May 19, 2025 · 01:17 PM — Updated Mon, May 19, 2025 · 03:17 PM[BEIJING] Chinese tech giant Xiaomi will invest 50 billion yuan (S$9 billion) in developing high-end...
Chinese trader who made US$1.5 billion on gold builds a giant bet on copper
[SINGAPORE] A reclusive Chinese billionaire whose prescient gold trades turned into an eye-catching windfall has now become the country’s biggest copper bull, amassing a bet worth nearly US$1 billion...
