SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 28). Read more at The Business Times.
Singapore’s CapitaLand Ascendas REIT to buy two properties for $543.6 million
Singapore's CapitaLand Ascendas REIT said on Wednesday it will acquire a data centre and a premium business park property in the city-state for a combined S$700.2 million ($543.63 million).
Crowd favourites Loh Kean Yew, Yeo Jia Min overcome tough opponents to progress at Singapore Open
Up against newly minted European champion Lanier, Loh struggled to find momentum amid a number of unforced errors early on. While he summoned a superb late flurry of points to tie things up at 20-20, ...
Singapore firms face data, governance gaps in AI deployment: survey
As Singaporean organisations accelerate their adoption of advanced AI technologies, concerns are growing that poor data foundations may prevent many from realis ...
Singapore boosts SME tech support with new AI partnerships
Singapore is stepping up efforts to support local enterprises in adopting frontier technologies, with a suite of new partnerships aimed at accelerating the use ...
Citi appoints Prashant Thakker as head of Asia South Corporate Bank
Thakker who began his Citi journey in 2007 set to oversee the bank’s corporate banking operations across nine key markets ...
Singapore advances to 4th in global start-up ecosystem rankings
Singapore has advanced to the fourth position in the global start-up ecosystem rankings for 2025, up from fifth place in 2024. The new ranking places Singapore behind Israel, Britain, and the U.S.
Singapore’s HTX partners with Google Cloud
The MoU focus on collaborative research in AI security and cybersecurity research, cloud platform implementation, among others.
FDI inflows up 14% to $81 billion; Singapore top contributor
Amid concerns over India’s net foreign direct investment (FDI) plummeting 96% to just $0.4 billion in 2024–25, data from the Department for Promotion of Industry and Internal Trade (DPIIT), under the ...
Asean, Gulf bloc can work more closely on trade and investment, energy, digital economy: PM Wong
KUALA LUMPUR] In a turbulent world, Asean and the Gulf Cooperation Council (GCC) can do more to promote trade and investment, as well as advance common interests in energy transition and the digital ...
UK outpaces global crypto ownership growth in 2025: Gemini report
The United Kingdom is leading the world in increasing cryptocurrency ownership among its population in 2025, outpacing economies including the United States, according to a new study by Gemini. Gemini ...
Nearly One in Four Globally Now Own Crypto, According to Gemini’s 2025 State of Crypto Report
Nearly two in five crypto owners in the US are invested in crypto ETFs: Following the approval of spot crypto ETFs in early 2024, adoption has increased, with 39% of crypto investors in the US owning ...
Basic Materials Roundup: Market Talk
The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0651 GMT – BRC Asia delivers on its merger-and-acquisition strategy ...
Independent financial adviser deems Amara’s takeover offer at S$0.895 a share ‘fair and reasonable’
SINGAPORE] The independent financial adviser (IFA) appointed for the takeover bid for hotel group Amara has deemed the offer at S$0.895 a share to be “fair and reasonable”. Read more at The Business ...
Elaine Heng to succeed Linus Goh as OCBC’s head of global commercial banking
Ms Elaine Heng, now OCBC’s group chief strategy and transformation officer, will succeed Mr Linus Goh, the current head of global commercial banking who retires on Sept 30. Mr Tan Yuen Siang, ...
DBS Revolutionizing Global Private Banking For New Generation Of HNWIs
Ultra-wealthy families have traditionally managed their wealth from a single-family office located where their business and family reside.