Malaysia invites proposals for revival of Kuala Lumpur-Singapore High-Speed Rail project
MALAYSIA — In an effort to revive the long-awaited Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project, Malaysia has announced its…
Ringgit hits record low against Singapore dollar, dropped to a seven-year low against the British pound
MALAYSIA — The ringgit reached its lowest level in history against the Singapore dollar (S$) as it dropped to a…
Temasek’s CIO Rohit Sipahimalani pauses investments in crypto in contrast to Ho Ching’s contrarian stance amid FTX loss
In an interview with CNBC on Tuesday (11 Jul), Temasek’s Chief Investment Officer Rohit Sipahimalani now said Temasek is not currently looking…
Temasek shifts stance on crypto investment following US$275 million FTX loss
SINGAPORE — Singapore’s sovereign wealth fund, Temasek Holdings, has said that it shifted its stance from a previous bold venture…
Temasek Holdings reports S$7.3 billion loss, pledges continued investment amid global uncertainties
SINGAPORE — Singapore’s sovereign wealth fund, Temasek Holdings, revealed a 5.2% decrease in net portfolio value to S$382 billion in…
Singapore falls behind Hong Kong in stock market listings
Singapore’s stock exchange is losing its charm as a preferred country for companies to raise capital through initial public offering…
Meta launches Twitter rival Threads — but not in Europe
by Alex Pigman with Thomas Urbain in New York Facebook behemoth Meta officially launched Threads, its text-based rival to Twitter,…
DHL Express partners with Linklaters to minimize carbon footprint through GoGreen Plus service
DHL Express, the global leader in international express services, announced today a landmark partnership with Linklaters, a prominent international law…
Tessa Therapeutics’ closure due to increasing interest rate and unsustainable revenue
Singapore — Tessa Therapeutics’ liquidation is the result of a tight monetary policy amid an interest rate hike, according to…
Business confidence among Japan’s big manufacturers improves
TOKYO, JAPAN — Confidence among Japan’s largest manufacturers rose as business conditions have improved for the first time in seven…