Startups • Entrepreneurs • Digital economy

Ping An-backed Lufax to ditch P2P lending amid regulatory woes: sources

(July 18): Lufax, one of China’s largest online wealth management platforms that is backed by financial giant Ping An Insurance, plans to exit its once-core peer-to-peer lending (P2P) business, thr


Asia’s 'Fort Knox' said to be up for sale as owner fights tycoon

SINGAPORE (July 18): Asia’s “Fort Knox,” a private, maximum-security vault in Singapore, is for sale.


Sen Yue to build new metal and materials smelting facility

SINGAPORE (July 18): Sen Yue Holdings, the e-waste management solutions provider, will be setting up a new smelting facility here to support growth and enhance the capabilities of its waste managem

SGX query

SembMarine says unaware of reasons behind unusual trading activity

SINGAPORE (July 17): Sembcorp Marine (SembMarine) says it is unaware of the reasons behind the unusual trading activity of its shares on Wednesday.

Equity raising

CCT raises $220 mil from private placement for Frankfurt office acquisition

SINGAPORE (July 18): CapitaLand Commercial Trust has closed the book of orders for the private placement agreement signed and launched on Wednesday.

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