News
Can Labubu and Pop Mart survive the future?
21+ hour, 56+ min ago (1585+ words) And will your S$3, 000 Mega Molly bought on Carousell ever regain its value? [SINGAPORE] It began, as these things often do, with a queue. In June, at CJ Hendry's Flower Market at IMBA Theatre, adults waited up to two hours…...
SP Group completes acquisition of EV charge point operator Charg Eco
21+ hour, 24+ min ago (545+ words) The national power company now has one of Singapore's biggest electric vehicle charging networks [SINGAPORE] SP Group has completed its acquisition of charge point operator (CPO) Strides YTL, which operates under the name Charg Eco. The move, announced on Thursday…...
Saudi Aramco ramps up exports, switches to spot sales
2+ hour, 33+ min ago (484+ words) [SINGAPORE] At least five supertankers carrying a total 10 million barrels of Saudi oil loaded from Ras Tanura have exited the Strait of Hormuz, with Saudi Aramco switching to spot pricing to speed sales in Asia, according to trade sources and…...
Singapore stocks rise on Thursday amid mixed regional showing; STI up 1. 1%
4+ hour, 25+ min ago (343+ words) Across the broader market, gainers edge out losers 329 to 239 [SINGAPORE] Singapore stocks ended higher on Thursday (Jul 2). The benchmark Straits Times Index (STI) gained 1. 1 per cent or 55. 65 points to finish at 5, 217. 15. ST Engineering led the gainers on Singapore's blue-chip index,…...
Have we forgotten wine's place at the table?
3+ day, 5+ hour ago (1260+ words) While the drink has long been seen as a key part of eating well, its place no longer seems to be with a meal [NEW YORK] Gastronomy is classically defined as the art of eating well. For me, an essential…...
Palm oil dips on weaker crude and Malaysian production outlook
43+ min ago (251+ words) Analysts expect robust production from the South-east Asian country for June [KUALA LUMPUR] Palm oil edged lower, weighed down by declining crude prices and expectations for strong output from the second-biggest grower, Malaysia. Futures in Kuala Lumpur dipped 0. 2 per cent…...
SK Hynix to spend US$64. 4 billion on flash memory chip plants under broader AI investment plan
51+ min ago (558+ words) South Korea hopes that the investments will double its memory chip production capacity within five years [SEOUL] SK Hynix said it would invest 100 trillion won (US$64. 4 billion) to build new chip plants, including one for Nand flash memory, as part…...
Singapore High Court interprets vital term of Competition Act in case of price-fixing by warehouse operators
8+ hour, 59+ min ago (144+ words) By object" under section 34 of the Act refers to conduct that has manifest anti-competitive economic rationale" [SINGAPORE] The Singapore High Court has defined a vital term of the Competition Act in the first appeal under this law, providing clarity on…...
Google loses fight against record US$4. 95 billion EU antitrust fine
1+ hour, 3+ min ago (366+ words) The ruling confirms Google Search's abuse of a dominant position in the context of the Android operating system [BRUSSELS] Alphabet's Google on Thursday (Jul 2) lost its fight against a record fine imposed by EU antitrust regulators eight years ago for…...
Timah Partners to acquire specialised waste management business under new sector platform
9+ hour, 38+ min ago (493+ words) It is part of Timah's goal to consolidate and professionalise the "fragmented industry' [SINGAPORE] Timah Partners, a holding company for small and medium-sized enterprises (SMEs), has signed an agreement to acquire a specialised waste management business. It also announced on…...