Culture
China’s wealth fund pulls plug on US$1 billion private equity sale
[BEIJING] China’s sovereign wealth fund has pulled its planned sale of US$1 billion in US fund stakes tied to some of the biggest names in private equity.Earlier this year,...
BlackBerry raises annual revenue forecast on robust demand for cybersecurity services
The Waterloo-based company now sees fiscal year 2026 revenue in the range of US$508 million to US$538 million, up from its earlier forecast of US$504 million to US$534 millionPublished...
US: Iran-Israel ceasefire lifts stocks
[NEW YORK] Wall Street stocks jumped on Tuesday (Jun 24) as an Iran-Israel ceasefire appeared to hold through its first day and oil prices continued their retreat.Major indices spent...
Frasers Centrepoint Trust prices S$200 million perpetual securities at 3.98%
[SINGAPORE] Frasers Centrepoint Trust’s (FCT) trustee HSBC Institutional Trust Services has priced S$200 million subordinated perpetual securities at 3.98 per cent under its S$3 billion multicurrency debt issuance programme....
US: Wall St indexes open higher after Trump’s Israel-Iran ceasefire announcement
Published Tue, Jun 24, 2025 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened higher on Tuesday (Jun 24) as President Donald Trump announced a ceasefire between Israel and...
Income Insurance to explore other share liquidity options after scuppered Allianz deal: departing chairman Ronald Ong
[SINGAPORE] Income Insurance is “keeping its options open” over various share liquidity options, which could include a share-buyback programme, said its retiring chairman Ronald Ong at the insurer’s annual...
Finding opportunities in disclosures
[SINGAPORE] Sustainability and climate reporting continue to face widespread resistance among businesses – many of which do not view these issues as material or consistent with business objectives. But...
Big US banks expected to ace stress tests, boost dividends
[NEW YORK] The biggest US lenders are expected to clear the Federal Reserve’s annual health check this year, showing they have ample capital that can be used to boost...
Singapore shares rise on Israel-Iran ceasefire; STI up 0.7%
[SINGAPORE] Local shares ended higher on Tuesday (Jun 24), tracking a rally on Wall Street after the US brokered a ceasefire in the conflict between Israel and Iran.The benchmark...
Three Arrows founders fail in appeal for orders to disclose crypto fund dealings to be set aside
[SINGAPORE] The Court of Appeal on Tuesday (Jun 24) dismissed an application by the founders of Three Arrows Capital (3AC) to set aside orders requiring them to disclose their...
