Business
Blackstone hits US$10 billion Asia buyout fund goal amid private equity chill
The world’s biggest asset manager’s fundraising comes as global investors are growing more cautious about private equity Blackstone hit a…
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Business
Business
Global investment firm Arena Investors to shut Singapore office
Global multi-strategy investment firm Arena Investors is shutting its Singapore office and seeking to reallocate resources elsewhere,…
Business
Gold poised for seventh weekly rise on Fed rate-cut hopes
Gold held steady on Friday (Oct 3) and was set for a seventh straight weekly gain, buoyed by expectations of further US interest rate cuts…
Business
The mysterious billionaire boss at Jane Street smashing trading records
Rob Granieri took to the dance floor with long hair flowing from his fedora, shiny jacket glinting and a boutonnière bursting with colour.…
Business
Singapore F1 Grand Prix: stocks to watch
Events like this race are signals of longer-term opportunities rather than chances for quick profit, says eToro analyst Zavier Wong As the…
Business
First Resources sells Indonesia units, exits oil palm plantation business in West Papua
The units are former subsidiaries of an Indonesia-listed company under First Resources Palm oil producer First Resources has disposed of…
Business
Hong Kong funding cost seen sliding on Fed cuts, slow lending
Bank loans as a proportion of deposits have risen since June, but they still remain near the lowest level since 2009 The cost of overnight…
Business
Stocks to watch: UOL, Singapore Land Group, First Resources
The following companies saw new developments that may affect trading of their securities on Friday (Oct 3): UOL, Singapore Land Group: The…
Business
Sumitomo Life said to take step to avoid marking bond losses
The Osaka-based insurer is taking advantage of guidelines for bond investors when prices move sharply Sumitomo Life Insurance is taking an…
Business
Applied Materials warns of sales hit from latest curbs on China
The long-awaited rule seeks to prevent sanctioned companies from using affiliates to access restricted US goods Applied Materials, the…
Business
Alphabet plans sale, spinoff of Verily unit, executive says
The Justice Department has asked the judge to force the company to sell its advertising exchange Alphabet has been working for the past…
Business
MUFG is hiring more bankers in Japan wealth management push
Backing the shift to this strategy is the government’s multi-year drive to get households to invest more Japan’s largest bank is…
Business
Boeing 777X to slide into 2027, driving billions in charges
The jet, already six years late, is of major strategic and financial importance to the company in its duel with Airbus for a bigger slice…
Business
Designing the revenue engine of tomorrow’s business
The businesses poised to thrive are those that view transformation with a forward-looking mindset SINGAPORE’S businesses stand at the…
Business
US: Wall Street closes with records as tech support offsets labour, shutdown uncertainties
The lacklustre jobs data so far has led traders to bet widely that the US Federal Reserve will cut interest rates two more times this…
Business
Europe: Stocks close at record high on tech rally, hopes for Fed rate cut
Investors are also watching any developments related to the US government shutdown European shares closed at a record high for a second…
Business
Bari Weiss, Who Thinks Everything Is Woke, Will Be CBS Editor in Chief
Free-speech grifter Bari Weiss will soon be named editor in chief of CBS News, multiple outlets reported Thursday, and her right-wing,…
Business
Microsoft says AI can create “zero day” threats in biology
“The patch is incomplete, and the state of the art is changing. But this isn’t a one-and-done thing. It’s the start of even more testing,”…
Business
Why are buyers returning to Tesla?
Tesla electric vehicle sales jumped last quarter, as buyers rushed to take advantage of an expiring federal tax credit. The company’s EV…
Business
Credible, But Losing Momentum? How ShareYourStory.com Is Helping Leaders Turn Story Into Influence
How ShareYourStory.com is helping leaders turn their lived experience into lasting influence. The Overlooked Problem in Leadership and…
Business
Tesla sales surge to record on rush to snag US tax credit
The deliveries tally offers a preview of the earnings results the company will report Oct 22 Tesla reported a surprise increase in…
Business
US: S&P 500, Nasdaq hit intraday record highs as rate-cut hopes Trump shutdown jitters
The S&P 500 and the Nasdaq hit intraday record highs at market open on Thursday (Oct 2), on the back of renewed expectations for interest…
Business
UOL, SingLand and CapitaLand complete S$810 million Thomson View en bloc deal
The residents stand to receive between S$2.2 million and S$4.9 million each, depending on the size of their unit The S$810 million sale of…
Business
Asia’s carbon market struggles with fragmentation, lack of integrity: panel
Varied capabilities of participating companies, diversity of region said to make standardisation challenging Efforts to standardise the…