Business
Xerox to buy printer maker Lexmark from Chinese owners in US$1.5 billion deal
The office equipment manufacturer has seen its revenue shrink for five straight quarters OFFICE equipment manufacturer Xerox will buy…
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Buy
Business
Chinese investors buy record amount of Hong Kong stocks via link
MAINLAND Chinese investors snapped up a record amount of Hong Kong stocks as they ramped up exposure to risk assets in the city amid a…
Business
Best Time to Buy an iPhone
Thinking about snagging a new iPhone? Timing can really make a difference in how much you spend. Whether you’re eyeing the latest model or…
Business
Stock Market: Best Days to Buy
Ever wondered if there’s a perfect day to dive into the stock market? Well, some folks swear by certain days or months, thinking they…
News
Trump threatens tariffs if EU doesn’t buy more US oil and gas
PRESIDENT-elect Donald Trump warned the European Union that its exports will get hit with US tariffs if its member states don’t buy more…
Business
Germany triples submarine order to six boats in joint buy with Norway
PARIS — Germany will buy four more submarines from ThyssenKrupp Marine Systems to increase the number of boats to six, part of a joint…
Business
Blackstone to buy Tokyo complex from Seibu for 400 billion yen
BLACKSTONE Inc is buying a mixed-use complex in Tokyo from Seibu Holdings in the largest real-estate acquisition by a foreign fund in…
Business
UOBKH initiates ‘buy’ call on Oiltek with S$1.22 target price on strong order book
UOB Kay Hian (UOBKH) has initiated a “buy” call on vegetable and edible oil engineering process company Oiltek, with a target price of…
Business
Analysts place ‘buy’ call on Oiltek on strong order book, growing demand for sustainable aviation fuel
Analysts from UOB Kay Hian (UOBKH) and Lim and Tan Securities have issued a “buy” call on the vegetable and edible oil engineering process…
Business
Nippon Life in talks to buy Resolution Life in deal worth US$8.2 billion
NIPPON Life Insurance is in the final stages of buyout talks with US life insurer Resolution Life Group Holdings, Resolution said on…
Fashion
Brokers’ take: Maybank says S&P’s credit watch negative on SingPost is ‘irrelevant’, maintains ‘buy’
The group’s equity story remains compelling and will gain from restructuring, says analyst MAYBANK securities continues on with its “buy”…
Business
NTT Data seeks to buy land in Johor Bahru to build data centre
Malaysia is in the midst of a boom to build data centres as global tech players rush to meet the demand for infrastructure and computing…
Business
Compass to buy Christie’s International in US$444 million deal
Compass agreed to buy Christie’s International Real Estate and other businesses in a transaction valued at US$444 million. Compass will…
Business
Brokers’ take: CGS International downgrades IHH to ‘hold’, DBS maintains ‘buy’ call
ANALYSTS are split on IHH Healthcare following relatively flat third quarter earnings and the company’s forecast for its Mount Elizabeth…
Business
MicroStrategy is halfway through share sales to buy Bitcoin
JUST over a month after announcing plans to raise US$21 billion through stock sales to help fund additional purchases of Bitcoin,…
Business
BlackRock is near deal to buy private credit manager HPS
BLACKROCK is nearing a deal to buy HPS Investment Partners, a purchase that would vault the firm into the top ranks of private credit as…
Business
MUFG offers to buy WealthNavi for 99.7b yen in fintech push
Japan’s biggest bank is seeking to purchase robo-adviser through a tender offer at 1,950 yen a share and make it a wholly owned unit…
Business
BlackRock has deal to buy private credit manager HPS: report
BLACKROCK has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday (Nov 27).…
Business
TPG is said in advanced talks to buy Siemens Gamesa India assets
TPG is in advanced talks to buy the Indian wind energy assets of Siemens Energy’s Gamesa unit, sources familiar with the matter said. TPG…
Business
Singapore Gulf Bank to raise funds, buy stablecoin payments firm
SINGAPORE Gulf Bank is seeking to raise at least US$50 million in a funding round and plans to acquire a stablecoin payments company next…
Business
Italy’s UniCredit offers to buy Banco BPM for 10.1 billion euro
ITALIAN lender UniCredit said on Monday (Nov 25) it had offered to buy rival Banco BPM in a roughly 10.1 billion euro (S$14.2 billion)…
Business
Brokers’ take: Maybank initiates SingPost at ‘buy’ with S$0.74 target price
MAYBANK Securities has initiated coverage on Singapore Post (SingPost) with a “buy” call and a S$0.74 target price after applying a 15 per…
Business
Returning capital is often not the only reason companies buy back their shares in the market
Some firms conduct share buybacks purely to support the vesting of awards under their share-based remuneration schemes This column…
Business
Brokers’ take: RHB upgrades UOB to ‘buy’, lifts price target to S$40.20 on positive 2025 outlook
RHB has upgraded its call for UOB to “buy” from “neutral”, while raising its price target for the lender to S$40.20 from S$35.60…