Sunway MCL, led by Malaysian billionaire Jeffrey Cheah, and partner CSC Land Group placed the highest bid of S$751 million ($581 million) for a 99-year leasehold residential site at River Valley Green in Singapore. This bid is about 22% higher than a nearby plot sold in 2025, reflecting strong demand in Singapore's luxury property market. The partners plan to develop over 500 premium residential units in two 36-storey towers. This site is the last government auctioned residential plot in the area, located near key amenities like Great World MRT and Orchard Road, making it highly attractive for buyers and investors.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
