Culture

Temasek-owned SeaTown raises about US$900 million in second close of third private credit fund
This comes four months after its first close of over US$612 million back in August[SINGAPORE] SeaTown, owned by Temasek’s asset management group Seviora, has raised about US$900 million in...
World’s largest airline caterer Gategroup, co-owned by Temasek, said to be prepping for IPO
THE world’s biggest in-flight caterer Gategroup Holding AG is preparing for an initial public offering as soon as the second half of next year, people familiar with the matter...
New Zealand central bank says policy path not preset, guided by inflation outlook
[WELLINGTON] New Zealand’s top central banker said on Wednesday that there was no preset course for monetary policy and that adjustments would be made if the outlook for inflation...
Stocks to watch: Golden Agri, YZJ Maritime, Centurion Accommodation Reit, UltraGreen.ai, AHT, LMIRT
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 10): Golden-Agri Resources , YZJ Maritime , : The three counters were...
AI memory chipmaker SK Hynix weighs New York stock listing
[TORONTO] SK Hynix is exploring the possibility of listing shares in New York, a move seen potentially helping close the valuation gap between the South Korean chipmaker and US...
SpaceX to pursue 2026 IPO raising far above US$30 billion
[SAN FRANCISCO] SpaceX is moving ahead with plans for an initial public offering (IPO) that would seek to raise significantly more than US$30 billion, sources familiar with the matter...
Europe shares subdued with Fed meeting in focus; EssilorLuxottica falls
EUROPEAN shares ended flat on Tuesday as investors stayed cautious going into the US Federal Reserve’s two-day policy meeting, while EssilorLuxottica slumped after Google unveiled plans to launch AI-powered glasses.The...
If You Can’t Budget Marketing, Don’t Start
I’ve scaled brands from zero to millions, and I’ve seen the same painful mistake repeat. Companies try to buy growth before they’ve earned it. Paid marketing is not a...
Wall Street subdued at open as Fed rate cut decision nears
[NEW YORK] Wall Street’s main stock indexes were subdued at the open on Tuesday (Dec 9) as investors awaited the Federal Reserve’s policy decision, while Nvidia shares were whipsawed...
Accenture, Anthropic strike multi-year partnership to boost AI adoption
The tie-up reflects enterprise efforts across industries to upskill their workforce on AI technologies[DUBLIN, Ireland] Accenture and Anthropic on Tuesday (Dec 9) announced an expansion of their partnership through...
Novartis strikes deal with UK biotech for up to US$1.7 billion
Novartis is on a deal spree this year, including the US$12 billion acquisition of Avidity Biosciences [BASEL] Novartis will pay UK biotech Relation Therapeutics as much as US$1.7 billion...
BOJ’s Ueda says Japan is getting closer to sustainable inflation
Markets bet the central bank will lift rates to 0.75%, the highest since 1995, on Dec 19[TOKYO] Bank of Japan (BOJ) governor Kazuo Ueda said the central bank is...