Business
Singapore’s subdued IPO scene set for a rebound in 2025: analysts
SINGAPORE’s initial public offering (IPO) scene is set to liven up this year, with analyst forecasts falling anywhere between four and 10…
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Business
Business
EXCLUSIVE: Adwoa Aboah Stars in De Beers Jewelry Campaign as Company Rebrands, Readies Paris Flagship
LONDON— The De Beers diamond jewelry brand is facing the future with a new name, a fresh focus and a campaign that aims to reflect its…
Business
Kering Eyewear Unveils Lindberg’s First Sun Collection Since Acquisition
MILAN — Lindberg is launching its first sun collection developed since its acquisition by Kering Eyewear. Available starting in March, the…
Business
Khrisjoy Taps Maripol, Gatekeeper of ‘80s Club Culture, for Artistic Project
MILAN – Italian fashion and outerwear brand Khrisjoy is celebrating its Milanese roots and the city’s women with “Donne di Milano,” or…
Business
Indonesia’s INA, Japan’s DBJ launch hybrid fund for mid-sized businesses
Indonesia has emerged as a crucial market for several Japanese financial institutions in South-east Asia to expand their businesses in the…
Business
Marina Bay Sands gets record S$12 billion loan amid tourism boom
The loan will be used for refinancing and to fund the expansion of the company’s integrated resort MARINA Bay Sands has obtained a S$12…
Business
MBS gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility
MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according…
Business
Could Musk damage OpenAI even if his $100bn bid for it fails?
OpenAI's board of directors has officially rejected Elon Musk's nearly $100bn offer for the maker of what is the world's best-known…
Business
The treasure trove of art worth billions 'hidden' in Tehran
Armen Nersessian BBC World Service It has been dubbed one of the world's rarest treasure troves of art but few people outside its host…
Business
Gold gains as investors eye Trump tariff moves
GOLD prices edged higher on Monday (Feb 17) after falling more than 1 per cent in the previous session as market participants awaited more…
Business
Australia’s Star Entertainment gets potential lifeline as Oaktree offers debt refinancing
Oaktree’s offer is subject to numerous conditions and there is no certainty it will progress Star says STAR Entertainment Group received a…
Business
Australian unit of ComfortDelGro probes media allegations of wrongful conduct
AN AUSTRALIAN unit of ComfortDelGro is investigating allegations of wrongful conduct made by several media companies, and it is…
Business
HSBC investors back CEO’s investment banking retrenchment
INVESTORS in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s…
Business
Singapore shares open higher on Monday; STI up 0.3%
SINGAPORE equities began Monday (Feb 17) in positive territory, following mixed performance in the US and Europe last Friday. As at 9.01…
Business
SingPost appoints former execs of SGX and SIA Engineering as non-executive, independent directors
SINGAPORE Post (SingPost) on Monday (Feb 17) announced the appointment of two new non-executive, independent directors, Chng Lay Chew and…
Business
Stocks to watch: Keppel DC Reit, Centurion, ComfortDelGro, SingPost, SIAEC, Paragon Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 17): Keppel DC Real Estate…
Business
Keppel DC Reit divests German data centre for 50 million euros
KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million). On Monday (Feb 17), the…
Business
Applied Materials falls as export controls weigh on outlook
APPLIED Materials, the largest US maker of chip-manufacturing equipment, fell after issuing a lukewarm revenue forecast for the current…
Business
Scams: 'Fake bailiffs said they'd take my furniture'
Shari Vahl Reporter, You and Yours A man has described how criminals pretending to be bailiffs almost tricked him into paying thousands of…
Business
Xi-Jack Ma chat seen as next catalyst for blistering China rally
A POTENTIAL encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a blistering run by tech shares,…
Business
Bank of Japan nearing end of bank stock sales shifts focus to ETF assets
THE Bank of Japan (BOJ) is on course to finish offloading millions of US dollars of stocks that it bought from beleaguered banks during…
Business
Westpac posts higher quarterly profit as loan volumes grow, late repayments decline
AUSTRALIA’S Westpac posted a rise in its first-quarter net profit on Monday as deposits and loan volumes grew, and said a widely awaited…
Business
Australia set for first rate cut since 2020 as trade risks mount
AUSTRALIA’S central bank is poised to cut interest rates for the first time in four years even as the board remains alert to potential…
Business
STI’s new high: A narrow group of companies unlocking value, lifting profitability has driven the run
GIC shouldn’t allocate funds to ‘pump-prime’ the market; another vehicle should be formed to seize the economic benefits of a more vibrant…