News

AEM teams with ASE on AI test push, raises $12m

Placement and warrants deepen semiconductor partnership.

SIA to launch daily Hangzhou flights from 1 June

Route expands mainland China network to nine destinations.

ASAS flags rise in AI-related ad feedback in 2025

Total complaints fell, but Gen AI cases more than doubled.

Daily Markets Briefing: STI down 2.17%; Top stock is Sembcorp

Sembcorp Industries is the top stock with a 2.60% increase.

High Court bars Standard Chartered and BSI from BVI winding-up applications

The liquidators may pursue pre-UNCITRAL transactions claims.

Hongkong Land takes 10.8% stake in Suntec REIT for $541m

The group bought the interest at a discount of $2.03 per unit.

Horizon Quantum lists on Nasdaq following dMY merger

It raised about $154m to fund R&D, hardware testbed, and Triple Alpha.

Singapore to lead 2026 IPO wave as profitable FinTechs exit interim funding

EY said Singapore financial services are poised for IPOs after $84b Asia M&A surge.

Total employment rises by 55,500 in 2025 as unemployment stays low

Retrenchments remained within non-recessionary norms.

Rex International CFO Per Lind steps up as CEO after Lidgren exits

After leading Rex since 2013 listing, Måns Lidgren moves to advisory role for health reasons.

Mapletree Logistics Trust to buy Mumbai Grade A warehouse for $53.6m

The property comprises two blocks of single-storey logistics facilities.

Woh Hup wins bid for Las Vegas Sands 2030 development project

The Singapore-based firm will lead the next-gen Marina Bay Sands expansion after record 2025 year.

Investors subscribe to only 62.2% of Lendlease REIT’s preferential offer

DBS, OCBC, and UOB subscribe to remaining units to hit the $196.6m target.

Rivelle Tampines sells 92.5% on launch, named best-selling executive condo of 2026

High buyer interest attributed to schools, amenities, and convenient MRT access, PropNex notes.