Business
Kioxia Rules Out SK Hynix Tie-Up as AI Memory Boom Sends Chip Prices Soaring
TOKYO — Japanese memory chipmaker Kioxia Holdings Corp has poured cold water on speculation about a deeper manufacturing alliance with South Korea’s…
Category: Business
Business
Spirox Launches High-Speed Glass Inspection System as AI Chip Boom Fuels Race for Next-Generation Packaging
HSINCHU, Taiwan — Taiwan semiconductor equipment supplier Spirox Corp is making a bold push into next-generation chip packaging after launching its first…
Business
Singapore, Your Gentlewoman Era Is Here— The Viral Thai Label Is Opening Its First Store
SINGAPORE — The Thai fashion brand behind one of Southeast Asia’s most recognisable canvas tote bags is officially making its Singapore retail…
Business
Samsung Fired The First Shot—But Apple Just Entered The Foldable War
Samsung spent years building the foldable-phone market. Now, the company faces the one rival capable of turning the niche category into a…
Business
DBS HIT WITH US$1 BILLION 1MDB LAWSUIT — But The Bank Is Fighting Back
SINGAPORE — DBS Bank, Southeast Asia’s largest lender, is facing a S$1.298 billion (about US$1.03 billion) damages claim linked to the long-running…
Business
Ong Family Moves to Take OTS Holdings Private With S$0.17-Per-Share Cash Offer
SINGAPORE — The Ong family is moving to take Singapore-listed food manufacturer OTS Holdings private, offering minority shareholders S$0.17 in cash for…
Business
Sembcorp Scraps S$105M Philippine Solar Deal as Strategy Shifts
SINGAPORE — Sembcorp Industries has pulled the plug on its planned S$105 million acquisition of Philippine solar developer Puente Al Sol Inc.,…
Business
DBS Rejects S$1.3 Billion 1MDB-Linked Lawsuit, Vows to Fight Claim ‘Vigorously’
SINGAPORE — DBS Bank is facing a massive S$1.3 billion lawsuit linked to the multibillion-dollar 1MDB scandal, but Southeast Asia’s largest lender…
Business
Singapore’s Assets Under Management Hit $6.7 Trillion Despite China Tax Changes
SINGAPORE — Singapore’s wealth management industry has continued to grow despite concerns over changing tax rules affecting wealthy Chinese investors, with assets…
Business
Cinnabon Bids Goodbye to Singapore as Last ION Orchard Store Set to Close
SINGAPORE — American cinnamon roll chain Cinnabon is officially leaving Singapore, with its final outlet at ION Orchard set to close on…