Culture
IReit Global’s German subsidiaries served with payment order by former tenant
The dispute stems from a dilapidation cost agreement made with the former main tenant of its Berlin Campus[SINGAPORE] Subsidiaries of IReit Global have been served with a payment order...
Frasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6
Payment for the scheme consideration to eligible securityholders is set to be made on or around Sep 30[SINGAPORE] Frasers Hospitality Trust (FHT) has received the court’s sanction for its...
US: Wall St opens higher after inflation data keeps rate cut bets firm
[NEW YORK] Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on track to deliver an interest...
Chinese carmakers may keep price advantage despite Mexico levies
[MEXICO CITY] Mexico’s plan to levy tariffs of up to 50 per cent on vehicles from China may not unduly impact the Asian nation’s auto manufacturers whose inherently lower...
Wegovy-maker Novo Nordisk to cut 9,000 jobs in restructuring
[COPENHAGEN] Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5 per cent of its workforce, in a restructuring to save eight billion Danish crowns (S$1.6 billion) annually, it...
How does Tesla get to US$8.5 trillion value? Robots, robotaxis and hope
[SAN FRANCISCO] How can Tesla become an US$8.5 trillion company? That is the market valuation the electric vehicle maker would have to reach to justify CEO Elon Musk’s new...
Still ‘more things to be done’ to reap synergies across OCBC: deputy CEO Tan Teck Long
[SINGAPORE] OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. “We are an integrated financial services group, so there will be synergies to...
Johor-Singapore SEZ helps southern state beat Singapore, Malaysia’s growth: DBS
[SINGAPORE] The Johor-Singapore Special Economic Zone (JS-SEZ) is showing great potential, based on a DBS report released on Thursday (Sep 4). The Johor state’s economy grew faster than Singapore...
Hyundai’s eVTOL startup Supernal pauses work following executive departures: report
Published Mon, Sep 8, 2025 · 07:05 AM[BENGALURU] Hyundai’s electric air taxi startup Supernal has paused work on its aircraft programme after recent staff cuts and the departure of...
Opec+ set to raise oil output further from October: sources
[LONDON/MOSCOW] Opec+ is set to agree to further raise oil output on Sunday (Sep 7) while probably slowing the pace of increases from October compared with recent months because...
