Culture
CSE Global bags three electrification contracts valued at US$124.6 million
Contracts are for the design and manufacture of power distribution centres, and the integration of electrical and control systems and equipment[SINGAPORE] Global electrification and automation solutions provider CSE Global...
SIA Group’s passenger traffic up 2.6% in November
Singapore Airlines and Scoot carried 3.5 million passengers in total during the month, 6% higher than a year ago[SINGAPORE] Singapore Airlines (SIA) Group on Monday (Dec 15) reported year-on-year...
Singapore shares edge higher as regional markets end mixed; STI up 0.1%
The iEdge Singapore Next 50 Index also gains 0.1%, rising 1.35 points to 1,435.99[SINGAPORE] Singapore stocks ended higher on Monday (Dec 15), even as regional markets delivered a mixed...
Raffles Education leads most active pack on SGX with 60.8 million shares traded; closes 23.4% higher
Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure[SINGAPORE] Raffles Education led the pack of actives on the Singapore Exchange (SGX) on Monday...
Thai baht is too strong, impacting economy, finance minister says
[BANGKOK] Thailand’s baht is too strong and affecting its export-driven economy, the country’s finance minister said on Monday (Dec 15), as the currency reached its highest level against the...
HSBC’s US$13.6 billion buyout proposal wins Hang Seng Bank board committee’s nod
Debt-laden property developers in Hong Kong and their creditors are set to face intensifying financial pressure next year[BENGALURU] Hong Kong’s Hang Seng Bank said on Monday (Dec 15) that...
SMBC Asia inks debut US$3.2 billion SRT with Blackstone, Stonepeak
Globally, synthetic risk transfer volumes are projected to expand 11% annually over the next two years[SINGAPORE] Sumitomo Mitsui Banking Corporation’s (SMBC) Asia-Pacific arm has completed its first US$3.2 billion...
Asian markets drop with Wall Street as tech fears revive
Tech firms have been at the forefront of a global surge in equity markets for the past two years[HONG KONG] Asian markets dropped on Monday (Dec 15) as concerns...
Gold rises on softer Treasury yields; silver steadies after record run
Investors are currently pricing in two rate cuts for next year, with this week’s non-farm payrolls report expected to provide further clues on the Fed’s policy path[BENGALURU] Gold rose...
Soilbuild Construction proposes four-to-one stock split after 313% year-to-date rise
The company currently has an issued and paid-up share capital of S$107.9 million comprising 165.5 million shares[SINGAPORE] Construction and engineering company Soilbuild Construction on Monday (Dec 15) announced a...
January Capital’s private credit fund marks final close at over US$130 million
The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans [SINGAPORE] Singapore-headquartered investment firm January Capital on Monday (Dec 15) announced the final close...
