mm2 Asia gets offer for Cathay cinema business from Kingsmead Properties
SINGAPORE - Singapore-listed mm2 Asia has received an offer for its Cathay cinema business from local financial investment firm Kingsmead...
Business
China state media seeks to calm investor nerves after stock rout
BEIJING (BLOOMBERG, AFP) - A move by Chinese state media to reassure investors shaken by Beijing’s regulatory crackdown saw a mixed...
Robinhood says US watchdogs probing staff meme stock trading ahead of IPO
WASHINGTON (REUTERS) - Robinhood Markets disclosed on Tuesday (July 27) it has received inquiries from United States watchdogs asking whether...
4 international companies to set up base in Punggol Digital District, creating about 2,000 jobs
SINGAPORE - Four international companies have confirmed their plans to set up base in Punggol Digital District, a move that...
Keppel Pacific Oak US Reit to acquire two US office buildings for $143 million
SINGAPORE (THE BUSINESS TIMES) - Keppel Pacific Oak US Reit (Kore) is proposing to acquire two office assets in the...
Japan’s ‘golden’ Olympics performance pushing up surprising stocks
TOKYO (BLOOMBERG) - With Japan's Olympic team outperforming all expectations at the Tokyo Games so far, some unlikely stocks in...
China’s escalating property curbs point to Xi’s new priority
BEIJING (BLOOMBERG) - After a years-long campaign to tame property prices, China is upping the ante to break a stubborn...
Subscription-based ‘Netflix-style’ insurance launched by NTUC Income
SINGAPORE - Customers of streaming service Netflix are familiar with the concept of paying around $10 a month for a...
Singapore’s central bank lifts dividend restrictions on local banks
SINGAPORE - Restrictions imposed during the pandemic last year that capped dividend payouts from local banks and finance companies have...
GIC joins Fortress bid for UK supermarket Morrisons
LONDON (REUTERS) - Singapore's sovereign wealth fund has joined the Fortress-led private equity consortium making a recommended offer for the...