Culture
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
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Culture
Culture
Mattel taps OpenAI to help it design toys, other products
Mattel, the maker of Barbie dolls and Hot Wheels cars, has signed a deal with OpenAI to use its artificial intelligence tools to design…
Culture
Damage is done: China exports to US in May see biggest drop since Covid as trade flows reroute to Asean
While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two…
Culture
Investor rush for India exposure revs up block deals, IPOs
India’s market for share sales is warming up after several dull months, as companies and shareholders cash in on a buoyant stock market.…
Culture
Singapore shares rise as trade tensions between China and US ease; STI up 0.1%
Across the broader market, losers beat gainers 252 to 236 as 1.3 billion securities worth S$1.2 billion change hands Singapore stocks rose…
Culture
Deutsche Bank's deal-making business weaker than expected, CEO says
He says deals will be delayed, not cancelled, on the back of the US’ tariff policies Deutsche Bank’s origination and advisory business is…
Culture
MAS orders unlicensed crypto exchanges to weigh exit
A final warning from the Monetary Authority of Singapore (MAS) has prompted major crypto exchanges operating in the country without a…
Culture
MAS order prompts unlicensed crypto exchanges to plan exit
A final warning from the Monetary Authority of Singapore (MAS) has prompted major crypto exchanges operating in the country without a…
Culture
Singapore needs to embrace Bitcoin to maintain status as financial hub: Jeremy Tan
Singapore needs to welcome Bitcoin-related businesses to maintain its status as a global financial hub, said retired businessman Jeremy…
Culture
Tencent said to study deal for US$15 billion game developer Nexon
Tencent Holdings is studying a potential deal for Nexon, as the Chinese Internet giant looks for ways to bolster its lucrative gaming…
Culture
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people…
Culture
SGX securities turnover rises 1% in May, volume down 18%
The total securities market turnover value on the Singapore Exchange (SGX) edged up 1 per cent year on year to S$26.9 billion, supported…
Culture
China stocks soar on AI, US-China trade hopes. Who are the country’s ‘Terrific Ten’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Culture
China stocks soar on AI, trade hopes. Which are the country’s ‘Terrific 10’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Culture
Sembcorp’s renewables unit wins 50MW round-the-clock power project from Indian public sector company
Sembcorp Industries on Thursday (Jun 12) announced that its wholly owned renewables subsidiary Sembcorp Green Infra was awarded a 50…
Culture
Airbus revises up 20-year jet demand forecast despite trade tensions
Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport…
Culture
Asia: Shares stumble after Trump’s latest trade threat
Asian shares were rattled on Thursday after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks,…
Culture
Grab prices and increases convertible notes offering to US$1.5 billion
The proceeds will be used for general corporate purchases, a concurrent repurchase of shares and possible acquisitions Grab announced on…
Culture
Apac data centre boom straining power grids; reliability key to site selection: report
Surging demand in the Asia-Pacific for data centres and other energy-intensive sectors is starting to weigh on power systems across the…
Culture
China likely to ditch low-grade coal from Indonesia due to glut
CHINA is likely to cut imports of the lowest grades of coal as a glut of the fuel makes the trade uneconomic and the government tightens…
Culture
Meta taps top researchers from Google, Sesame for new AI lab
META Platforms has poached top engineers from multiple tech firms, including Alphabet Inc.’s Google, for a new team focused on achieving a…
Culture
CapitaLand China Trust to divest retail property for 748 million yuan
CapitaLand China Trust (CLCT), a CapitaLand Investment subsidiary, is set to raise up to 748 million yuan (S$134.9 million) through the…
Culture
Gold prices climb as Middle East tensions rise, US inflation eases
GOLD prices rose on Thursday, as rising Middle East tensions boosted demand for safe-haven assets, while softer-than-expected US inflation…
Culture
Stocks to watch: CapitaLand Investment, TalkMed, Aspen
The following companies saw new developments that may affect trading of their securities on Thursday (Jun 12). CapitaLand Investment…