Andy Thomas

BlackRock Becomes Major Shareholder in Yangzijiang Shipbuilding 0
- Finance
- 01/08/2025
Asset manager increases its stake in the maritime company to over 5%, following recent share acquisition BlackRock, the world’s largest asset manager overseeing over $10 trillion in assets, has acquired a significant stake in Yangzijiang Shipbuilding, making it one of the company’s substantial shareholders. According to a filing by the shipbuilder on January 7, BlackRock
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Powerful Earthquake Strikes Tibet, Killing At Least 95 People; Tremors Felt in Nepal and India 0
- News
- 01/07/2025
6.8 magnitude earthquake devastates Tibet, causing widespread destruction and casualties, with neighbouring countries also affected. A major earthquake in Tibet, China, on January 7 has claimed the lives of at least 95 people, with over 130 others reported injured. The quake, which had a magnitude of 6.8, struck Tingri county near the Nepalese border at
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New Law Simplifies Insolvency Process for More Singapore Companies 0
- Business
- 01/07/2025
“SIP 2.0” introduces easier, cost-effective procedures for companies with liabilities up to S$2 million, ensuring faster resolution. A new law passed on January 7 will make Singapore’s insolvency procedures more accessible and cost-efficient, particularly for small and medium-sized enterprises (SMEs), by simplifying the existing Simplified Insolvency Programme (SIP). The revised scheme, dubbed “SIP 2.0”, expands
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Chinese Firms Keen on Johor-Singapore SEZ for Cost Efficiency and Better Connectivity 0
- Business
- 01/06/2025
With improved cross-border movement, Chinese businesses are eager to expand operations and tap into Singapore’s logistics facilities. The soon-to-be-launched Johor-Singapore Special Economic Zone (SEZ) is generating significant interest, not just from Singaporean firms, but also from Chinese companies seeking to reduce costs and enhance operational efficiency. These businesses are particularly focused on the potential for
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BlackRock Becomes Major Shareholder in Yangzijiang Shipbuilding 0