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Raffles Medical’s China business is underperforming but group says time is needed to deliver
Senior management has observed the sector for more than 30 years before considering venturing into the north Asian market[SINGAPORE] The China business of Raffles Medical Group accounts for 30...
S-Reits commence Q1 reporting season on a positive start
They are coming from a position of relative strength, with largely stabilised balance sheets and favourable refinancing dynamics[SINGAPORE] The reporting season for Singapore real estate investment trusts (S-Reits) kicked...
California’s gas prices push Uber and Lyft drivers off the road
The highest gas prices in the country are making it tougher for some gig drivers to make a living. Gas prices have shot up amid the war in the...
Apple defeats bid for new Apple Watch import ban at US trade tribunal
Published Sat, Apr 18, 2026 · 04:45 PM[WASHINGTON] A US trade tribunal ruled for Apple on Friday (Apr 17) against a bid from medtech company Masimo to reinstate an...
Lutnick shuts down talk of any Chinese investment in US autos
Published Sat, Apr 18, 2026 · 04:10 PM[BEIJING] US Commerce Secretary Howard Lutnick ruled out the possibility of Chinese investment in the US auto industry, saying there’s no need...
US again allows more Russian oil sales to help control prices
Published Sat, Apr 18, 2026 · 12:10 PM[LOS ANGELES] The US on Friday (Apr 17) issued a license letting countries buy more Russian oil that’s already been loaded on...
AI-Reit trustee disputes resolution to access records related to internalisation
If passed, the trustee will consider all available options, including applying to the Singapore Court for directions[SINGAPORE] The trustee of Alpha Integrated Real Estate Investment Trust (AI-Reit) has disputed...
Clar preferential offering closes with 74.5% valid acceptances; total applications at 244.2%
[SINGAPORE] CapitaLand Ascendas Real Estate Investment Trust (Reit) has received valid acceptances of 74.5 per cent at the close of its preferential offering announced in March. In a bourse...
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
The lender also flags minimal private credit exposure, and says its balance sheet can absorb Middle East shocks[SINGAPORE] UOB’s S$4.9 billion acquisition of Citigroup’s retail banking businesses in Indonesia,...
London metals index at record high on aluminium ‘black hole’ fear
Published Fri, Apr 17, 2026 · 12:05 PMINDUSTRIAL metals jumped to a record high on the London Metal Exchange (LME), driven by gains in aluminium after the Middle East...
