Business
Time for OCBC to offload Great Eastern
The breathing room Great Eastern and OCBC now have to address the insurer’s free float stretches beyond the likely dates of their upcoming…
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Business
Business
ADDX expects 30% rise in transaction volumes as private markets rebound; plans to open Middle East office
From the start, the private markets platform has ridden on a growing appetite for private equity, achieving its target of US$1 billion in…
Business
Kangaroo-Like Marsupial Species, Described as 'Nature's Little Gardeners,' Brought Back from Brink of Extinction
A small marsupial species has been saved from near-extinction thanks to the ongoing work of a conservation group. The brush-tailed…
Business
China boosts index investments in latest bid to revive market
China announced new measures to promote the development of index investment products, its latest effort to shore up the ailing equity…
Business
Nasdaq facing downward pressure in near term
THE Nasdaq-100 Index delivered an impressive 25.9 per cent gain in 2024, led by the stellar performance of heavyweight technology counters…
Business
Industrial S-Reits’ operating performance remain resilient, with positive rental reversions in 2024
Singapore real estate investment trusts (S-Reits) with industrial assets have delivered a resilient performance with continued positive…
Business
Huationg Global’s Patrick Ng enhances stake amid robust business prospects
Over the five trading sessions from Jan 17 to Jan 23, institutions were net sellers of Singapore stocks, leading to net institutional…
Business
Industrial S-Reits’ operating performance remains resilient, with positive rental reversions in 2024
Singapore real estate investment trusts (S-Reits) with industrial assets have delivered a resilient performance with continued positive…
Business
German Jewish leader decries anti-Semitism on Berlin's campuses
The president of Germany's Central Council of Jews, Josef Schuster, has said that, while he would study in Germany again nowadays, he…
Business
JPMorgan’s investment banking chair to step down, memo shows
JPMorgan Chase’s global chair of investment banking and capital markets Kevin Willsey has informed the bank of his decision to retire at…
Business
Starbucks CEO made US$96 million in first four months on the job
Starbucks paid new chief executive officer Brian Niccol about US$96 million for four months of work last year, one of the biggest…
Business
Europe: Stoxx 600 slips from record highs amid rising yield pressure
European shares pulled back from its record highs and ended flat on Friday (Jan 24), weighed down by declines in the telecom and energy…
Business
US: Stocks retreat, cutting into weekly gains
Wall Street stocks concluded a winning week on a tepid note on Friday (Jan 24), retreating following mixed earnings in a move attributed…
Business
Couples Who Start Businesses Together Stay Together?
Starting a business with your spouse? It’s a wild ride, for sure. You get to chase your dreams together, but it can also be a…
Business
Name Change Cost Shock: Hidden Fees You Need to Know
Ever thought about changing your name legally? It’s not just about picking a new name and moving on. There’s a lot more to it, especially…
Business
Santosa, Kolonas families offer to privatise Japfa at S$0.62 per share
THE family members of Japfa’s founder are looking to take the agri-food company private by way of scheme of arrangement, for S$0.62 per…
Business
Meta to spend up to US$65 billion this year to power AI goals, Zuckerberg says
META Platforms plans to spend between US$60 billion and US$65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said…
Business
Great Eastern granted further extension to May 25 to explore options to return free float
GREAT Eastern now has until May 25 to explore options to comply with free float requirements under the Singapore Exchange’s (SGX) listing…
Business
US: S&P 500, Nasdaq open flat ahead of economic data; Boeing declines
THE benchmark S&P 500 and the tech-heavy Nasdaq opened muted on Friday (Jan 24), with investors staying cautious ahead of economic data,…
Business
Lian Beng’s Ong family offers to privatise SLB Development at S$0.23 per share
LIAN Beng Group’s board of directors – comprising the controlling Ong family – has proposed to acquire and privatise property developer…
Business
Kazakhstan delays release of Azerbaijan plane black box data
The publication of the black box data from an Azerbaijani plane that crashed in Kazakhstan last month has been delayed, a Kazakh official…
Business
Wall Street enters darker age with most stock trading now hidden
HERE’S a surprising new fact about the world’s largest and most-liquid public equity market: Most of the activity on it is not public…
Business
Thomson Medical warns of H1 loss on poorer Malaysia performance
THOMSON Medical expects to report a loss after tax for the six months ended Dec 31, 2024, following a preliminary review of the unaudited…
Business
Japan Foods warns of loss for 9-month period amid lower revenue, higher expenses
This was mainly due to weak sales in November and December 2024, despite a higher number of operating outlets JAPAN Foods expects to…