Fashion
Temasek-backed autonomous driving firm Momenta files for Hong Kong IPO: sources
The firm is joining a growing list of Chinese companies aiming to debut in the Asian financial hub[HONG KONG] Chinese autonomous driving developer Momenta has confidentially filed for a...
STI up 0.3%, amid mixed showing by Singapore shares
Across the broader market, there are 288 gainers and 236 decliners, with 1.3 billion securities valued at about S$1.3 billion transacted[SINGAPORE] Singapore shares had a mixed showing on Tuesday...
Ex-director and founder of Agritrade International charged for cheating investment platform
[SINGAPORE] The founder and former director of Agritrade International Pte Ltd (AIPL) Ng Say Pek was, on Tuesday (Dec 2), charged in court with 10 counts of cheating, under...
Saudi National Bank’s US$1 billion loan adds to Middle East spree
[RIYADH] Saudi National Bank is seeking a US$1 billion syndicated loan, continuing a borrowing rush by the kingdom’s lenders that are helping finance a US$2 trillion economic overhaul.DBS Bank...
Apac PE executives are the least fazed by geopolitical uncertainty in dealmaking: report
[SINGAPORE] Private equity (PE) executives in the Asia-Pacific are the least fazed by geopolitical uncertainty when it comes to making deals, compared with their counterparts in other parts of...
Raffles Education sells 51 Merchant Rd to LaSalle JV for S$121.8 million; reaps S$53 million gain
Four-storey commercial building with conserved buildings and basement car parks sold for about 78% over book value[SINGAPORE] Raffles Education has sold its corporate building at 51 Merchant Road for...
AirAsia founder urges Airbus to re-look software tests
The budget carrier is a major customer of Airbus, which is facing fallout from a weekend software glitch[HONG KONG/SINGAPORE] AirAsia, one of Airbus’ largest customers of single-aisle jets, says...
BOE cuts banks’ benchmark capital requirements ahead of review
[LONDON] The Bank of England has cut its estimate of how much capital the UK’s banking sector needs for the first time in a decade, and signalled a consultation...
OCBC’s shares hit record as wealth unit shines
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago[SINGAPORE] Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management...
Crypto’s retail traders hit hard as Strategy ETFs plunge 80%
[NEW YORK] Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price.Strategy, the company once hailed for wrapping crypto exposure into a public stock,...
