Fashion
World’s most popular vegetable oil is no longer the cheapest
Palm oil has lost its position as the world’s cheapest edible oil, thanks to shrinking output in the biggest growers and plentiful supply of the main alternative.The tropical oil,...
Asia jet-maintenance crunch is set to persist, repair firm warns
ASIA’S rapidly expanding airlines may face long waits to have their aircraft repaired and maintained amid surging demand, one of the region’s fastest-growing jet maintenance, repair and operations firms...
Foreign investors cheer China’s stimulus from a distance
As the market euphoria to China’s biggest stimulus since the pandemic settles, foreign investors are now asking whether the US$114 billion toolkit will provide the spark needed to turn...
UOL, SingLand in preliminary talks to acquire half stake in Sydney building
PROPERTY developers UOL and Singapore Land (SingLand) are in preliminary confidential discussions with an unnamed party on the potential acquisition of a 50 per cent stake in “an office...
Japan’s NTT Group considers data centre Reit IPO in Singapore
JAPAN’S Nippon Telegraph & Telephone (NTT) is considering listing a global data centre real estate investment trust (Reit) in Singapore, according to sources with knowledge of the matter.The Tokyo-based...
Asia: Markets boosted by tech rally, traders eye US inflation
TECH firms led an Asian market rally on Thursday on renewed optimism about demand for AI equipment following a strong earnings outlook from US chip giant Micron.News that South...
Vietnam says SpaceX’s Starlink plans US$15 billion investment
SPACEX is proposing to invest US$15 billion in Vietnam tied to its Starlink satellite service in the near future, the South-east Asian country’s government said, citing a meeting between...
Vietnam says Musk’s SpaceX plans US$15 billion Starlink investment
ELON Musk’s SpaceX plans to invest US$15 billion in Vietnam in the near future, the government of the Communist-run nation said on Thursday (Sep 26), which could help resolve...
China weighs injecting 1 trillion yuan of capital into top banks
CHINA is considering injecting up to 1 trillion yuan (S$183 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, according to...
RBNZ says bank capital rules just one part of lending decisions
NEW Zealand’s central bank has defended its position on bank capital requirements after claims they may be contributing to a lack of competition between lenders.The Reserve Bank of New...
