News

UI Boustead Reit: A new entrant in Singapore’s industrial Reit space
[SINGAPORE] UI Boustead Reit is expected to commence trading on the SGX mainboard on Mar 12. The Reit has a mandate to invest in logistics, general industrial, hi‑specs industrial...
Queues, price hikes and shortages as Asia battles fuel crunch
Disarray has been spreading after just days of war, and for many, the risks are rising[MUMBAI] From Thai farmers racing for diesel to Indian refinery executives monitoring the Persian...
Singapore’s Aster declares force majeure on disruption in supply of raw materials
Published Fri, Mar 6, 2026 · 04:05 PM[SINGAPORE] Singapore refiner and petrochemical major Aster Chemicals and Energy has declared force majeure regarding supplies, citing a disruption in raw materials...
MAS expands environmental risk management guidelines
[SINGAPORE] The Monetary Authority of Singapore (MAS) on Thursday (Mar 5) issued three new guidelines on environmental risk management and transition planning for financial institutions (FIs), which includes banks,...
‘Mr Lufthansa’ taps crisis playbook to tackle costs, union battles
Carsten Spohr is focused on efficiencies, centralising management of the group’s 12 airlines and betting on more long-haul flights in the year aheadPublished Wed, Mar 4, 2026 · 03:41...
Japan in talks with India to explore for rare earths, sources say
Published Tue, Mar 3, 2026 · 03:44 PM[NEW DELHI] Japan is in talks with India to jointly explore rare earth deposits in the desert state of Rajasthan, two people...
Ship insurers cancel war risk cover due to Iran conflict
Several tanker owners, oil majors and trading houses have since suspended shipments through the narrow waterwayPublished Mon, Mar 2, 2026 · 02:10 PM[SINGAPORE] Several marine insurers said that they...
Nvidia forms alliance to make sure 6G networks embrace AI
The shift is vital for the future’s myriad connected devices and their complex network requirementsPublished Sun, Mar 1, 2026 · 03:53 PM[BARCELONA] Nvidia, the world’s most valuable company, is...
Don Don Donki to shutter Downtown East outlet; March 15 will mark last day of operations
Published Sat, Feb 28, 2026 · 02:35 PM[SINGAPORE] Japanese retail chain Don Don Donki is closing its Downtown East outlet, with its last day of operations being March 15.Announcing...
British Airways owner IAG beats profit estimates as premium demand lifts earnings
It benefited from lower fuel costs and resilience on its core transatlantic routesPublished Fri, Feb 27, 2026 · 03:59 PM[LONDON] British Airways owner IAG reported a better-than-expected annual profit...
Rare earth shortages worsen in US aerospace, chips despite trade truce: sources
Engine makers are already struggling to meet demand for spare parts from airlines and higher production by planemakersPublished Thu, Feb 26, 2026 · 02:22 PM[MONTREAL/BEIJING/WASHINGTON] Suppliers to US aerospace...
Deliveroo pulls out of Singapore after 10 years
[SINGAPORE] Food-delivery platform Deliveroo is exiting the Singapore market after a decade, with the final day of service set to be Mar 4.Parent company DoorDash said the decision is...