Business
Hot stock: ST Engineering gains 4% on strong Q3 revenue showing
SHARES of ST Engineering rose in early trade on Tuesday (Nov 19) after the technology and engineering group reported that its…
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Business
Business
Keppel DC Reit unveils S$1-billion unit placement, preferential offer to fund purchase of data centres
THE manager of Keppel DC Reit plans to launch an equity funding exercise to raise gross proceeds of about S$1 billion, it announced on…
Business
Equinix to build 6th Singapore data centre with US$260 million investment
DATA centre operator Equinix is building a sixth data centre in Singapore with an initial investment of US$260 million, the Nasdaq-listed…
Business
Marina Bay Sands eyes Singapore’s largest loan of S$12 billion
MARINA Bay Sands is seeking a loan of around S$12 billion, in what would be the largest financing from Singapore, as the company looks to…
Business
DBS, OCBC, UOB, Maybank syndicating Singapore’s biggest loan of S$12 billion for Marina Bay Sands
The 7-year facility, which will be syndicated to other financiers, will refinance an existing S$4b borrowing MARINA Bay Sands is seeking a…
Business
Keppel DC Reit to acquire data centres from Keppel for S$1.4 billion
KEPPEL DC Real Estate Investment Trust (Keppel DC Reit) has proposed to acquire interests in two data centres from a Keppel joint venture…
Business
Keppel DC Reit to acquire 2 hyperscale data centres from sponsor Keppel for S$1.4 billion
THE manager of Keppel DC Real Estate Investment Trust (Keppel DC Reit) has proposed to acquire interests in two artificial intelligence…
Business
Singapore shares rise at Tuesday’s open; STI up 0.3%
SINGAPORE stocks began trading in positive territory on Tuesday (Nov 19) after global equities ended mixed overnight. As at 9.02 am, the…
Business
Paul Skenes' Reaction To Winning NL Rookie Of Year Is Exactly As You Expect
Share ✓ Link copied to clipboard! The National League Rookie of the Year race came down to exactly who everyone expected. The finalists…
Business
Keppel to take over legacy rigs; plans to establish offshore infrastructure private fund
KEPPEL will take over 13 legacy rigs held by Rigco following a selective capital reduction exercise to be completed by the latter. Keppel…
Business
Stocks to watch: Keppel, Genting Singapore, Silverlake Axis
THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 19): Keppel: Keppel will take…
Business
Chocolate makers stoke boom for Indian cocoa beans
George Matthew moved into cocoa production to keep his farm going If it hadn't been for the squirrels, George Matthew's attempt to become…
Business
Financing the next lap of growth
THE ringing of the opening bell at a securities exchange celebrates the successful listing of a company and marks the transformation of an…
Business
Redefining waste management for a greener Singapore
ENVIRONMENTAL services firm Chye Thiam Maintenance (CTM) made headlines in 2024 when it unveiled plans to deploy Singapore’s first…
Business
The drive to transform urban mobility
EARLIER this year, Singapore-based Neuron Mobility announced that it would be equipping its entire fleet of e-scooters in Melbourne with…
Business
Spirit Airlines Files for Bankruptcy Amid Piling Debt and Years of Financial Losses after Merger With JetBlue Fails
Spirit Airlines announced on Monday that it has filed for bankruptcy protection as it works to restructure its operations amid mounting…
Business
Resorts World Sentosa’s casino licence renewed
THE authorities have renewed the casino licence of Resorts World Sentosa (RWS), an integrated resort operated by Genting Singapore, for…
Business
Resorts World Sentosa’s casino licence renewed for shorter 2-year term due to ‘unsatisfactory tourism performance’
THE authorities have renewed the casino licence of Resorts World Sentosa (RWS), an integrated resort operated by Genting Singapore, for…
Business
Goldman readies plans to spin-out its digital assets platform
GOLDMAN Sachs Group is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large…
Business
Goldman Sachs readies plans to spin-out its digital assets platform
GOLDMAN Sachs Group is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large…
Business
US: Wall Street opens subdued with Nvidia earnings, Fed policy in focus
WALL Street’s main indexes opened little changed on Monday (Nov 18), as investors looked ahead to crucial corporate results, especially…
Business
Brazil development bank signs deal with AIIB for nearly $3 billion in investments
(Reuters) - Brazilian development bank BNDES said on Monday that it has signed a deal with the Asian Infrastructure Investment Bank (AIIB)…
Business
Silverlake Axis to delist after close of voluntary unconditional offer
Offeror E2I will compulsorily acquire all the shares of shareholders who have not accepted the offer SOFTWARE company Silverlake Axis will…
Business
US Postal Service suggests new prices for 2025
The United States Postal Service (USPS) has announced a proposal for new postage rates set to take effect in early 2025, citing the need…