Chloe Lim

Chloe Lim

JOURNALIST

Chloe Lim is a breaking news reporter at The Business Times. She previously worked at The Edge Singapore.

Aaron Tan, co-founder and CEO of Carro, notes that Australia is “one of the largest used-car markets” in the Asia-Pacific.

Singapore’s Carro enters Australia market with acquisition of used-car platform CarPlace

Through the deal, the unicorn now has a presence in eight Asia-Pacific markets

Centurion has acquired 25% equity interest in a purpose-built student accommodation development in Perth for A$250,000 (S$225,475).

Stocks to watch: Centurion, Far East Group

[SINGAPORE] The following companies saw developments that may affect the trading of their securities on Thursday (Jun 18):

Analysts believe the initial oil supply shock has already been discounted by investors, including in the Singapore market.

US-Iran peace deal: S-Reits, aviation stocks, developers on investors’ radar as potential winners

The Straits Times Index is up 1% or 51.49 points, closing at 5,077.29

Mandarin Oriental, which was delisted from SGX on Jan 20, is among the portfolio companies of Jardine Matheson Holdings.

Jardine Matheson targets 5% annual dividend growth, launches US$500 million share buyback

It is also eyeing annualised total shareholder return of at least 9% over the next five years

InnoTek says that it has incorporated a new wholly owned subsidiary in Thailand to support its first liquid cooling components project.

Stocks to watch: Annica Holdings, Cosco Shipping, InnoTek

[SINGAPORE] The following companies saw developments that may affect the trading of their securities on Monday (Jun 15):

A correction is typically defined as a dip of 10% or more in a stock index and asset’s market peak, while a bear market refers to a more prolonged fall of 20% or more.
BT EXPLAINS

Is the global tech sell-off the start of a bear market or just a correction? What experts say

Investors must assess if underlying drivers are cyclical and temporary, or indicative of a sustained weakening

An artist's impression of STT Jakarta 2 and 3. STT Jakarta 3 is designed to meet energy-efficiency benchmarks  aligned with recognised green-financing frameworks.

STT GDC expands Jakarta data centre campus to tap Indonesia’s growing AI needs

The move advances a development pipeline of more than 360 MW of AI‑ready, sustainable IT capacity in the country

Nio denies allegations by the US that it is aiding the Chinese military.

Stocks to watch: Nio, Wee Hur

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 10):