Culture
More Chinese companies looking to manufacture in Indonesia: OCBC
Chinese companies are increasingly looking to set up their manufacturing operations in Indonesia, instead of just exporting and…
Section
Culture
Culture
Instagram-style Xiaohongshu hits US$31 billion value in GSR books
XIAOHONGSHU’S valuation surged 19 per cent to US$31 billion in just three months during recent transactions via a major fund, underscoring…
Culture
KKR, Apollo fuel rush of private investment into Asia’s schools
Private money is pouring into schools in Asia as investors seek to turn a profit on the growing demand for quality education. The booming…
Culture
Singapore’s snowballing cash levels are boosting local bonds
The recent build-up of cash in Singapore’s money market is strengthening demand for the nation’s bonds, driving returns to near the…
Culture
Federal Reserve report spotlights strains felt by US businesses, households
US ECONOMIC activity and employment were mostly little changed or unchanged in recent weeks while prices rose moderately or modestly, the…
Culture
Europe: Shares close higher as bond selloff cools
EUROPEAN shares ended higher on Wednesday, stabilising as investors assessed fiscal challenges after a selloff in longer-dated bonds had…
Culture
mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect operations
Entertainment company mm2 Asia on Wednesday (Sep 3) said the voluntary liquidation of Cathay Cineplexes is not expected to adversely…
Culture
Unilever CEO plans shakeup of top 200 managers in overhaul
Unilever chief executive officer Fernando Fernandez expects to replace a quarter of the group’s top 200 managers following a performance…
Culture
August Best Sellers - Southern Curls & Pearls
Happy September, friends! In my book, it’s officially fall! I’ve already perfected my homemade pumpkin spice latte recipe and decorated my…
Culture
US: S&P 500, Nasdaq open higher on Alphabet boost; jobs data on tap
The S&P 500 and the Nasdaq opened higher on Wednesday (Sep 3) after Alphabet gained on a favourable antitrust ruling and investors awaited…
Culture
MetaOptics looks to SGX Catalist debut for path to profitability
When Mark Thng first launched MetaOptics Technologies’ operations in June 2021, it was out of a tiny office in Roxy Square. The rent was…
Culture
Tesla’s sales collapse continues in Europe’s biggest EV markets
Tesla’s sales slump is dragging on across almost all of Europe’s biggest electric vehicle markets, costing the company significant share…
Culture
Nuveen partners with Temasek and Hunter Point for private credit push
Investment manager Nuveen’s private debt arm has partnered with Temasek and Hunter Point Capital, the company said on Wednesday (Sep 3),…
Culture
Keppel DC Reit acquires remaining stake in 2 data centres from sponsor Keppel for S$8.4 million
The manager of Keppel DC Real Estate Investment Trust (Reit) has acquired the remaining 51 per cent interest in two artificial…
Culture
Singapore stocks dip despite manufacturing rebound; STI down 0.2%
Local equities ended Wednesday (Sep 3) lower, even as data showed that manufacturing in Singapore improved slightly. The sector’s…
Culture
CICT should up retail property exposure and reduce exposure to office spaces.
CapitaLand Integrated Commercial Trust (CICT) – the Republic’s oldest and largest real estate investment trust (Reit) – offers investors…
Culture
BlackRock loses US$17 billion mandate at Dutch pension fund PFZW
BlackRock has lost a mandate worth US$17 billion with one of the largest pension funds in the Netherlands, amid concerns the world’s…
Culture
Major sea carriers’ Ebit margins expected to turn negative in H2 2025
The average earnings margins for the liner businesses of major ocean shipping companies fell to 8.4 per cent in the quarter to June, as…
Culture
Thai bonds defy global drop as political crisis fuels rate bets
Thailand’s deepening political crisis is insulating its bonds from the global rout, as growing expectations of further interest-rate cuts…
Culture
Chinese Zara rival Urban Revivo steps up global push with new stores in fashion capitals
China’s Urban Revivo will open a nearly 2,700-square-metre store in London on Wednesday (Sep 3), its second in the city this year, as the…
Culture
Big Food goes small: Kraft Heinz bets on simplicity to boost shares
Investment bankers had pitched a breakup to Kraft Heinz for years without success, sources said. The company finally agreed to a split…
Culture
CNMC shares strike gold as yellow metal surges again; pure gold play on SGX hits S$0.765 new high
This comes on the back of gold prices’ steady rise in recent times, following a season of market volatility Shares of CNMC Goldmine surged…
Culture
HSBC AM joins peers with private equity fund targeting wealthy
HSBC Holdings’ asset management (AM) arm is launching a private equity strategy targeting wealthy clients, the latest move by a major…
Culture
ANZ starts cutting jobs in institutional banking division
Precisely how many roles will be eliminated from the restructure remains unclear, and the bank has said that it will update investors on…