Culture

Largest Vietnam fund manager eyes UpCom listing in first quarter
The country has made notable progress this year in easing market access for overseas investors[HANOI] Vietnam’s biggest fund manager Dragon Capital Vietfund Management plans to list its shares on...
Microsoft “aggressively” looking at South-east Asian clean energy projects amid data centre boom
The tech giant will also “take a very close look” at Singapore’s latest call to build new data centres[SINGAPORE] Microsoft is looking into cross-border clean energy projects in South-east...
Oil hovers near two-week highs on expected US interest rate cut, geopolitical risk
[SINGAPORE] Oil prices hovered at two-week highs on Monday (Dec 8) as investors expect a likely US Federal Reserve interest rate cut this week to lift economic growth and...
Metaoptics drops 18% on profit-taking after soaring for 3 months
[SINGAPORE] Shares of semiconductor optics company MetaOptics dived as much as 18 per cent on Monday (Dec 8) morning. The counter opened at S$1.26 on Monday before falling to...
Asian stocks stagger as traders prepare for expected US rate cut
[HONG KONG] Asian equities drifted on Monday (Dec 8) as investors gear up for an expected US interest rate cut this week, with debate centring on the likelihood the...
Gold gains as Fed rate-cut optimism dents dollar
Dovish commentary from several Fed officials has further fuelled expectations of monetary easing[BENGALURU] Gold prices edged higher on Monday (Dec 8), as rising expectations of a US Federal Reserve...
WongPartnership issues payment demand to United Food for S$358,000 in unpaid fees
[SINGAPORE] United Food announced on Friday (Dec 5) that it received two letters of demand dated Dec 3 from WongPartnership, on behalf of the firm with respect of professional...
Sembcorp confirms talks to buy Australia’s Alinta Energy from Chow Tai Fook
[SINGAPORE] Sembcorp Industries on Monday (Dec 8) confirmed that it is in talks to buy Australian’s Alinta Energy, the country’s fourth biggest utilities company.In a bourse filing, it stated...
Will UltraGreen.ai be able to shine in a market dominated by big, dividend-paying companies?
As the newly listed stock slides below its IPO price, DFI Retail Group is soaring on plans to boost its profitability and lift its dividend payout ratio[SINGAPORE] In the...
Offshore specialist Yinson Production eyes IPO, among other exit options for investors
The Singapore-based company is expanding into carbon capture and storage, while eyeing opportunities in Namibia[SINGAPORE] Armed with a US$1 billion confidence boost from investors, Singapore-based offshore specialist Yinson Production...
Silver hits fresh record as strong ETF inflows sustain rally
The metal’s recent surge has also been supported by rising expectations the US Federal Reserve will lower interest rates at its meeting next week[NEW YORK] Silver touched a fresh...
GIC, Brookfield agree to S$3.4b deal for Sydney-listed National Storage
Singapore sovereign fund and the global alternative asset manager will pay A$2.86 per unit in cash[SINGAPORE] Singapore’s GIC and Australia’s Brookfield Asset Management have agreed on a binding deal...