Business

Duty-free International acquires Malaysian auto parts manufacturer for RMB 52.5 million

22 July 2025

Duty Free International rose 2.99% on Monday to close at 0.069 yuan. Duty Free International) intends to acquire 100% of the equity of Malaysian auto parts manufacturer United Industries Holdings Sdn. Bhd (UIH for short), for RM175 million...

BlackRock s asset management scale hits a new high of US$12.5 trillion

16 July 2025

BlackRock's performance report released on Tuesday (July 15) pointed out that its investment funds netted US$68 billion in the second quarter, including US$22 billion in cash management and money market funds, and another US$9.8 billion was inve...

During this year s festival, the circulation of "applicable banknotes" increased by 38%, reducing ca

10 July 2025

According to international standards, scope one emission refers to direct emissions, such as combustion fuel; scope two refers to indirect emissions caused by purchased energy. The three scopes cover indirect emissions generated in the supply chain...

Microsoft s gaming division lays off hundreds of employees, multiple projects cancelled

4 July 2025

Anonymous person familiar with the matter revealed to Bloomberg that several subsidiaries of Microsoft's gaming business were affected by the layoffs. King Digital, the developer of the well-known game Candy Crush, will cut about 10% of its empl...

The East Coast Private House Amber House will be sold tomorrow. The price of a two-bedroom house sta

28 June 2025

The lowest priced two-bedroom unit starts from 1.92 million yuan, with a ruler price of about 3,020 yuan; the two-bedroom unit with a study room has an area of 732 to 753 square feet, with a price of about 2.18 million yuan, with a ruler price of...

Far East Orchard Private Equity Fund raises more than 165 million yuan to actively expand UK student

20 June 2025

Since entering the UK student dormitory field in 2015, the company has 13 operating projects in seven cities in the UK, and another project is developing. FESAD, a UK Student Dormitory Development Fund (FESAD), owned by Far East Orchard, has complet...

Israeli air strikes Iran, stock market falls gold Swiss franc rises

14 June 2025

Singapore stocks fell 0.5%, but the Straits Times index component Xinke Engineering rose 1.3% against the trend. National defense business is one of the core businesses of Xinke Engineering. Karl Schamotta, chief market strategist at Corpay, Toronto...

Links Real Estate Trust plans to list real estate investment trust in Singapore

7 June 2025

LingCheng is currently seeking to expand its business beyond real estate management and announced several months ago that it would cooperate with capital companies to develop asset management business. The company also appointed John Saunders, head...

Jeweite Technology negotiates potential transactions with third parties and suspends Malaysia s seco

2 June 2025

The company issued an announcement on the Singapore Exchange on Sunday (June 1). It stressed that no agreement has been reached yet and it is impossible to ensure that the negotiations will eventually have results. With the background of the ongoing...