Culture
Indonesian oil giant Chandra Asri buys 11.9% stake in Hiap Seng Industries; shares up 58.3%
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries [SINGAPORE] Indonesian petrochemical producer Chandra Asri has purchased an 11.9 per cent stake in the...
US: Wall St opens muted with corporate earnings, trade talks in focus
Published Tue, Jul 22, 2025 · 09:44 PM[NEW YORK] Wall Street opened flat on Tuesday (Jul 22) as investors weighed signs of potential trade deals between the US and...
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
[SINGAPORE] Singapore Post (SingPost) has divested its entire freight forwarding business, Famous Holdings, for about S$177.9 million.The sale resulted in an estimated realised gain on disposal of S$10.5 million...
Temasek’s Azalea to issue Astrea 9 PE-backed bonds; interest rates to be decided
[SINGAPORE] Azalea Asset Management, an indirect subsidiary of Temasek Holdings, will be launching a new series of bonds backed by 40 private equity (PE) funds.
The indicative total size...
Chinese investors snap up Hong Kong stocks as flows near record
The accelerated buying comes as the Hang Seng China Enterprises Index has gained 24% this yearPublished Tue, Jul 22, 2025 · 05:36 PM[HONG KONG] Mainland Chinese investors’ purchase of...
Aoxin Q&M Dental CEO resigns as whistle-blower report lodged
The company cites ‘differences in views and opinions’ with parent Q&M Dental regarding the direction of the dental business as the reason for Dr Shao Yongxin leaving[SINGAPORE] Catalist-listed Aoxin...
Sanofi to buy Vicebio for up to US$1.6 billion in vaccine push
The French drugmaker will pay US$1.15 billion upfront with a commitment for potential milestones worth as much as US$450 millionPublished Tue, Jul 22, 2025 · 03:40 PM[PARIS] Sanofi agreed...
Thai Cabinet approves Vitai Ratanakorn as next central bank chief
Published Tue, Jul 22, 2025 · 02:34 PM[BANGKOK] Thailand’s cabinet on Tuesday (Jul 22) gave its approval for Vitai Ratanakorn to be the next governor of the Bank of...
Jeju Air crash families denounce report blaming pilot error
[SEOUL] The families of victims of South Korea’s deadliest plane crash on home soil have denounced a government report which blamed the disaster on pilot error, a representative told...
Malaysia to establish data centre framework to streamline policies
Published Tue, Jul 22, 2025 · 12:25 PM[KUALA LUMPUR] Malaysia will establish a data centre framework in October to streamline policies and development in the sector, the trade and...
