Culture
Top S-Reits with lowest gearing ratios average 33.5% as investors await rate cuts
[singapore] Last month, the US Federal Reserve opted to maintain its benchmark interest rate, adopting a cautious stance despite…
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Culture
Culture
Hong Kong IPO frenzy sets sights on record HK$250 billion fundraising for 2025
HONG Kong’s sizzling initial public offering (IPO) market is prompting the Big Four accounting firms to sharply raise their fundraising…
Culture
S-Reits with best debt profiles have an average gearing ratio of 33.5%
[singapore] Last month, the US Federal Reserve opted to maintain its benchmark interest rate, adopting a cautious stance despite…
Culture
SpaceX staff to get lavish park in Musk’s latest Texas land buy
Elon Musk’s SpaceX is planning to develop a sprawling private recreation complex on land adjacent to his Texas Starlink factory, the…
Culture
Airbus inks US$20 billion Malaysia jet deals on Anwar trade trip
Malaysia’s biggest airlines sealed Airbus deals worth US$20 billion as Prime Minister Anwar Ibrahim wrapped up his European tour. AirAsia…
Culture
Trump says US will start talks with China on TikTok deal this week
President Donald Trump said on Friday (Jul 4) he will start talking to China on Monday or Tuesday about a possible TikTok deal. He said…
Culture
Hugo Boss shareholder Frasers warns it won’t back dividends
Frasers Group warned Hugo Boss it will vote against any dividends, as the British retailer owned by billionaire Mike Ashley exerts its…
Culture
Bank of England’s policymaker warns neutral rate question can’t be avoided
Bank of England (BOE) policymaker Alan Taylor said UK officials cannot sidestep the question of where interest rates will settle, in a…
Culture
Opec+ considers adding more than 411,000 barrels on Saturday
Opec+ is considering accelerating its oil production revival even more rapidly than expected during a virtual meeting on Saturday (Jul 5),…
Culture
Oil falls slightly ahead of expected Opec+ output increase
Oil futures slipped slightly in thin holiday trading on Friday (Jul 4), as the market looked ahead to this weekend’s Opec+ meeting and the…
Culture
Europe: Shares fall as banks, mining stocks losses weigh
European shares ended lower on Friday (Jul 4) as losses in banks and mining-related stocks weighed, with focus now shifting to the Jul 9…
Culture
Wealth fund KIA said to be seller of HK$26.8 billion AIA stake
The Kuwait Investment Authority (KIA) was the undisclosed shareholder behind the HK$26.8 billion (S$4.3 billion) sale of a stake in…
Culture
LHN proposes delisting from Hong Kong due to low trading volume, costs
Real estate player LHN has proposed a voluntary delisting from the mainboard of the Stock Exchange of Hong Kong (HKEX) due to concerns…
Culture
Unnamed AIA Group shareholder is said to sell HK$26.8 billion stake
An undisclosed AIA Group shareholder sold a HK$26.8 billion (S$4.4 billion) stake in the insurer via block trades, according to people…
Culture
Google’s AI Overviews hit by EU antitrust complaint from independent publishers
Alphabet’s Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers, which has also…
Culture
Cathay Cineplexes operator mm2 Asia to raise funds for debt repayment via proposed share placement
The announcement comes after the cinema chain received a S$3.4 million payment demand from the landlord of its shuttered Jem outlet Media…
Culture
Tesla has a problem – and it’s not just the Elon Musk backlash
Tesla is in a sales slump, with deliveries of its electric vehicles on track to decline for the second full year in a row. The polarising…
Culture
Louis Vuitton Korea says systems breach led to customer data leak
A systems breach at Louis Vuitton Korea in June led to the leak of some of customer data including contact information, but did not…
Culture
Singapore shares slip as tariff pause will end soon; STI drops 0.2%
STI dips to 4,013.62 as decliners beat gainers 282 to 192 across the broader market Singapore equities retreated along with some regional…
Culture
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27 million for roles in S$3b money laundering case
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering related breaches,…
Culture
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27.5 million for roles in S$3b money laundering case
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering (AML) related…
Culture
Deutsche Bank, SeaTown join VinFast’s US$510 million private debt: sources
Deutsche Bank and SeaTown Holdings International are among the lenders providing a US$510 million private credit loan to VinFast Auto,…
Culture
Citigroup’s rich clients divert from US to UK despite higher taxes
Some of Citigroup’s wealthy clients are souring on the US and instead looking at the UK, even as Britain hikes taxes on its rich…
Culture
Thai telco core profits expected to jump 38% in 2025, outpacing market: Maybank
The core earnings of Thailand’s telecommunications sector are expected to rise 38 per cent in 2025, outpacing the Stock Exchange of…