<div class=newsTextDataWrapInner><p>SINGAPORE (April 28): Singapore Technologies Engineering has injected US$66 million ($89 million) into the capital of its US headquarters, Vision Technologies Systems, Inc (VT Systems), for the repayment of bank loans.</p></div>

<div class=newsTextDataWrapInner><p>This brings the company's total investment in VT Systems to US$343.96 million.</p></div>

<div class=newsTextDataWrapInner><p>Following the capital injection, VT Systems has capitalised its outstanding loan balance of US$35.28 million and US$33.08 million in its subsidiaries, Vision Technologies Kinetics, Inc and Vision Technologies Land Systems, Inc respectively.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Vision Technologies Land Systems has, in turn, capitalised its outstanding loan balance of US$33.08 million in its subsidiary, VT Hackney, Inc.</p></div>

<div class=newsTextDataWrapInner><p>ST Engineering says the capital injection is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of company for the current financial year.</p></div>

<div class=newsTextDataWrapInner><p>ST Engineering closed 1.9% lower at $3.17.</p></div>


SINGAPORE (April 28): Singapore Technologies Engineering has injected US$66 million ($89 million) into the capital of its US headquarters, Vision Technologies Systems, Inc (VT Systems), for the repayment of bank loans.

This brings the company's total investment in VT Systems to US$343.9...

ST Engineering injects US$66 mil into US subsidiary VT Systems

China’s first polysilicon futures debuted on Thursday, as a new hedging tool for a market that has been struggling with massive price volatility.

China debuts first polysilicon futures after huge price swings

(Dec 26): China is allowing local officials to invest in more areas with a key government bond while also simplifying its approval process in a bid to make better use of an important source of public funding to drive the economy.

Local governments can use their special bonds to invest i...

China seeks to spur growth by giving local officials bond leeway

The Japanese government is expected to approve a record initial budget Friday for the next fiscal year that will ramp up spending on defence and support for regional economies.

Japan to unveil record budget with ramped-up defence spending

BEIJING (Dec 26): China's commerce ministry said on Wednesday it would extend its anti-dumping investigation into brandy originating from the European Union by three months, less than the full extension allowed under its previous guidance.

The probe, which was launched on Jan. 5 and due...

China extends EU brandy anti-dumping investigation by three months

Japan Airlines said on Thursday it was hit by a cyberattack that may affect both domestic and international flights.

Japan Airlines hit by cyberattack, flights may be impacted

Uber Technologies Inc said it remained committed to Taiwan after the island’s anti-trust regulator rejected its plan to buy Delivery Hero SE’s Foodpanda business on the island for US$950 million (RM4.26 billion).

Uber disappointed as Taiwan rejects deal for Delivery Hero unit

Russia attacked Ukraine's energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an "inhuman" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.

Russia launches 'inhuman' Christmas Day attacks, Ukraine says

An Embraer passenger jet crashed near the city of Aktau in Kazakhstan on Wednesday, killing 38 people, after diverting from an area of Russia that Moscow has recently defended against Ukrainian drone attacks.

Azerbaijan Airlines plane crashes in Kazakhstan, killing 38

Asia’s benchmark stock index rose as equities gained in Japan and South Korea, while several other regional markets remain shut for holidays. Sentiment was boosted after US shares extended this year’s rally on Tuesday.

Most Asian stocks rise amid thin holiday trading

No Malaysians were involved in the tragic crash of Azerbaijan Airlines Flight J2-8243, an Embraer 190 aircraft, near Aktau International Airport, Kazakhstan, earlier on Wednesday.

Foreign ministry: No Malaysians involved in Kazakhstan plane crash

<p>Yildiz Holding AS, the Turkish conglomerate behind Godiva chocolates and McVitie’s biscuits, will sell its marinas to focus on its core food and retail businesses.</p>


Godiva’s Turkish owner to sell marinas to focus on core business

<p>Azerbaijan Airlines suspended flights to two cities in southern Russia after a passenger plane heading in that direction was diverted across the Caspian Sea and crashed near the city of Aktau in Kazakhstan, killing dozens.</p>


Azerbaijan Airlines pauses flights to south Russia after deadly crash

<p>Fourteen members of the Syrian police were killed in an "ambush" by forces loyal to the ousted government in the Tartous countryside, the transitional administration said early on Thursday, as demonstrations and an overnight curfew elsewhere marked the most widespread unrest since Bashar al-Assad's removal more than two weeks ago.</p>


Unrest in Syria spreads as 14 Syrian police killed in ambush

<p>Oil steadied after an advance on Tuesday, with China’s stimulus measures and the outlook for US stockpiles in focus.</p>


Oil holds gains with China stimulus and US stockpiles in focus

<p>Asia’s benchmark stock index rose as equities gained in Japan and South Korea, while several other regional markets remain shut for holidays. Sentiment was boosted after US shares extended this year’s rally on Tuesday.</p>


<p>No Malaysians were involved in the tragic crash of Azerbaijan Airlines Flight J2-8243, an Embraer 190 aircraft, near Aktau International Airport, Kazakhstan, earlier on Wednesday.</p>


<p>Japan Airlines said on Thursday it was hit by a cyberattack that may affect both domestic and international flights.</p>


<p>China's commerce ministry said on Wednesday it would extend its anti-dumping investigation into brandy originating from the European Union by three months, less than the full extension allowed under its previous guidance.</p>


<p>China is allowing local officials to invest in more areas with a key government bond while also simplifying its approval process in a bid to make better use of an important source of public funding to drive the economy.</p>


<p>The Japanese government is expected to approve a record initial budget Friday for the next fiscal year that will ramp up spending on defence and support for regional economies.</p>


<p>China’s first polysilicon futures debuted on Thursday, as a new hedging tool for a market that has been struggling with massive price volatility.</p>
