Culture
Brokers’ take: RHB upgrades UOB to ‘buy’, lifts price target to S$40.20 on positive 2025 outlook
RHB has upgraded its call for UOB to “buy” from “neutral”, while raising its price target for the lender to S$40.20 from S$35.60 previously.The new price target is 10.3...
Hot stock: Keppel DC Reit rises 2.3% as investors weigh S$1.4 billion data centre deal, equity fundraising
UNITS of Keppel DC Real Estate Investment Trust (Reit) gained some ground in the morning trading session on Wednesday (Nov 20). As at 9.55 am, the counter jumped 2.3...
Hot stock: Keppel DC Reit up 4.6% as investors weigh S$1.4 billion data centre deal, equity fundraising
It remains the top-traded counter in terms of value by mid-day trading break on WednesdayUNITS of Keppel DC Real Estate Investment Trust (Reit) extended their early-trade rally, adding S$0.10...
Dyna-Mac loses free float; offeror to exercise right of compulsory acquisition
THE offeror of Dyna-Mac, Hanwha Ocean SG, will make a compulsory acquisition of the company’s shares, it said on Wednesday (Nov 20) morning.As at 6 pm on Tuesday, the...
Keppel DC Reit’s upsized private placement closes at S$2.09 apiece; equity fundraising totals S$1.1 billion
KEPPEL DC Real Estate Investment Trust (Reit) closed its private placement at S$2.09 apiece with 334.9 million new units issued, said the manager on Wednesday (Nov 20). The private...
Trafigura paid bribes via ‘Mr Non-Compliant’: Swiss prosecutors
TRAFIGURA was accused by Swiss prosecutors of channeling bribes to an Angolan official through a network of former employees, including one nicknamed “Mr. Non-Compliant” by the company’s late founder.The trading...
Shareholders can gain from DBS buying back shares, even at record prices
Shareholders benefit when companies actively manage capital, whether through dividends or share buybacksCALL me agnostic. I am happy to receive extra cash, be it from my employer, the government...
Google’s Anthropic AI deal cleared by UK antitrust agency
GOOGLE’S partnership with AI firm Anthropic has avoided further scrutiny after the UK antitrust watchdog concluded it doesn’t qualify for a full blown investigation under merger rules.
Google has...
US: Wall Street opens lower as Russia-Ukraine tensions escalate
Wall Street’s main indexes opened lower on Tuesday (Nov 19), as escalating tensions between Russia and Ukraine sent investors rushing to safe-haven assets.The Dow Jones Industrial Average fell 146.3...
Resorts World Sentosa gets shortened 2-year licence renewal on ‘unsatisfactory’ tourism performance
THE authorities have renewed the casino licence of Resorts World Sentosa (RWS), an integrated resort (IR) operated by Genting Singapore, for two years – notably shorter than the standard...
Resorts World Sentosa’s casino licence renewed for a shorter 2 years, likely due to pandemic-related tourism factors
Gambling Regulatory Authority says there is “a number of areas that require rectification and substantial improvement”, recommends that RWS’ next evaluation be carried out in 2026THE authorities have renewed...
