Culture
Goodwill Entertainment makes trading debut at S$0.21, 5% above IPO price
IPO proceeds will go towards expanding the business regionally and globally, among other usesKARAOKE operator Goodwill Entertainment commenced trading on the Catalist board on Friday (Nov 15). It opened...
Singapore shares open lower on Friday; STI down 0.3%
SINGAPORE stocks began Friday (Nov 15) trading in negative territory as markets abroad mostly posted losses overnight.As at 9.01 am, the Straits Times Index (STI) was down 0.3 per...
CapitaLand Ascendas Reit to develop logistics property in US for S$94.8 million
CAPITALAND Ascendas Reit (Clar) will acquire a parcel of land in the US, and develop it into a new logistics property at an estimated total investment cost of about...
Nissan faces record debt bill with 1 year left to fix finances
Nissan Motor will have a year of breathing space in 2025 before hitting a record bond maturity wall as concerns mount about its ability to generate cash.The automaker and...
Europe: Stoxx 600 jumps as energy and tech lead the charge, positive earnings help
Europe’s Stoxx 600 bounced back with a 1 per cent gain, driven by strong performances in the energy and technology sectors, while positive earnings reports added to the upbeat...
US: Wall Street indexes end lower after Powell erodes hopes for December rate cut
Wall Street’s main indexes closed lower on Thursday (Nov 14) after Federal Reserve chair Jerome Powell dampened investor hopes for another interest rate cut this year by saying the...
Reliance, Walt Disney close US$8.5 billion merger of Indian media assets
RELIANCE Industries and Walt Disney on Thursday (Nov 14) completed the US$8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit...
US: Wall Street edges higher at the open after PPI data
WALL Street’s main indexes edged higher at the open on Thursday (Nov 14) after a broadly in line reading of producer prices data, with investors awaiting Federal Reserve chair...
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
THE European Commission on Thursday (Nov 14) fined Meta Platforms 797.72 million euros (S$1.1 billion) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier...
‘Deadpool & Wolverine’ helps Disney beat earnings forecasts
WALT Disney reported earnings that topped Wall Street’s estimates on Thursday (Nov 14), propelled by blockbuster ticket sales from the rude and irreverent summer Marvel film Deadpool & Wolverine,...
