Culture
DBS upgrades PropNex to ‘buy’, lifts target price by 21% on positive earnings outlook
DBS Group Research on Monday (Jan 6) upgraded its call for real estate agency PropNex to “buy” and raised its target price on the counter…
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Culture
Culture
DBS upgrades PropNex to a buy rating, lifts target price on expected ‘rebound’ in property market
DBS on Monday (Jan 6) upgraded its rating for real estate agency PropNex to “buy” and raised its target price for the stock on a positive…
Culture
SingPost issued government advisory to uphold governance after whistle-blowing report
THE government has issued Singapore Post (SingPost) an advisory to uphold proper corporate governance and processes after the…
Culture
China’s WuXi Biologics to sell vaccine facility to Merck for US$500 million
WUXI Biologics Cayman will sell a vaccine facility in Ireland to Merck for about US$500 million as the Chinese company seeks to enhance…
Culture
AMD adds Dell as commercial PC customer for the first time
ADVANCED Micro Devices (AMD), the second-biggest maker of computer processors, said its chips will be used by Dell Technologies for the…
Culture
Samsung CEO touts AI fridges and washers after year to forget
SAMSUNG Electronics is ramping up investment in artificial intelligence (AI) for consumer electronics, betting on its ubiquitous presence…
Culture
Singapore shares in the black on Tuesday; STI rises 0.2%
SINGAPORE shares ended Tuesday (Jan 7) in positive territory, even as overseas markets closed mixed. The benchmark Straits Times Index…
Culture
The downfall of Hin Leong over 4 years
ONCE a giant in Singapore’s oil trading industry, the collapse of Hin Leong Trading (HLT) unveiled a web of fraud, forgery and financial…
Culture
McDonald’s rolls back some diversity practices in head office
MCDONALD’S is retiring its goal for diversity in corporate leadership and shifting away from some diversity practices, citing a “shifting…
Culture
Dell unveils Apple-like rebrand in bid to make PCs cool again
DELL Technologies is re-branding its personal computers (PCs) in a manner reminiscent of Apple’s naming conventions in an effort by the…
Culture
Opec output dips in December as UAE improves delivery of cuts
ORGANIZATION of Petroleum Exporting Countries ‘s (Opec) crude production dipped last month as the United Arab Emirates stepped up…
Culture
Former PSA chairman and veteran banker Fock Siew Wah dies, aged 84
FORMER PSA International chairman Fock Siew Wah, who steered the port operator for over 13 years and grew its global footprint, died on…
Culture
US Steel, Nippon Steel sue Biden administration over decision to block merger
US PRESIDENT Joe Biden violated the Constitution by blocking Nippon Steel’s US$14.9 billion bid for US Steel through a sham national…
Culture
Japan PM says blocked US Steel deal could hit investments
JAPAN’S Prime Minister Shigeru Ishiba on Monday (Jan 6) urged Washington to dispel concerns that a decision by Joe Biden to block Nippon…
Culture
Straits Trading Company expects to raise up to S$10 million through digital commercial paper
THE Straits Trading Company on Monday (Jan 6) launched the second series of its three-month commercial paper in digital securities on…
Culture
OCBC says healthcare S-Reits offer defence amid slower rate cuts, names top picks
INVESTORS should consider buying healthcare Singapore-listed real estate investment trusts (S-Reits) to strengthen their portfolios, an…
Culture
Chinese exchanges ask big fund managers to restrict stock selling: sources
CHINA’S main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with…
Culture
Nippon Steel could face growth challenges after US Steel purchase blocked: analysts
JAPAN’S Nippon Steel may need to look at a revamp of its growth strategy after US President Joe Biden blocked its proposed US$14.9 billion…
Culture
Samsung adds generative AI to world’s best-selling TV lineup
SAMSUNG Electronics is expanding its artificial intelligence (AI) push with a new suite of enhancements for its premium TV lineup under…
Culture
Former HDB chief Cheong Koon Hean joins Surbana Jurong’s board
PROFESSOR Cheong Koon Hean has been appointed as a board member of Surbana Jurong Group (SJ) with immediate effect, announced the urban,…
Culture
UBS targets Japan’s regional banks with senior sales hires
UBS Group hired three salesmen in Japan to boost its business selling high-yielding structured investments and other tailored derivative…
Culture
Singapore shares open higher on Monday; STI up 0.5%
SINGAPORE shares began Monday (Jan 6) trading in positive territory as overseas markets closed a holiday-shortened week mixed with…
Culture
Singapore shares close higher on Monday; STI up 0.5%
Across the broader market, gainers barely beat losers 263 to 258 after 945.4 million securities worth S$854.5 million change hands…
Culture
China oil refineries face reckoning as Beijing tackles overcapacity
CHINA’S independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they rely on…