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YET another unnamed investor is stalking Hyflux, and has written to the distressed water-cleaning firm to express its interest in a possible investment.
THE interim judicial managers of Ocean Tankers - a troubled unit of the crumbling Hin Leong empire and one of the world's largest operators of oil tankers - have raised doubts over the firm's exposure to nearly US$1 billion of potential claims involving bills of lading.
BRITISH engine-maker Rolls-Royce will shed 24 per cent of its workforce in Singapore amid expectations that demand for civil aerospace engines and aftermarket services will take several years to recover from the effects of the pandemic.
SOUTH Korean e-commerce giant Coupang is buying the software of Hooq Digital, the South-east Asian video streaming service owned by Singapore Telecommunications, Sony and Warner Bros that's filed for liquidation, according to people familiar with the deal.
SEMBCORP Marine and its consortium partner have been picked by German utilities company RWE as the preferred suppliers of the electrical transmission system for one of the world's biggest offshore wind farms located at sea north-east of the United Kingdom.
GOLD was set for a fifth straight weekly gain on Friday as worries over a spike in US coronavirus cases kept the safe-haven metal near the technical $1,800-per-ounce threshold.