Culture
Singapore stocks edge up at Monday’s open; STI up 0.1%
SINGAPORE shares opened slightly higher on Monday (Dec 16), in line with the narrow ranges that Asian equities traded ahead of a swath of…
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Culture
Culture
Stocks to watch: UOB, CapitaLand Investment
THE following companies saw new developments that may affect trading of their securities on Monday (Dec 16): UOB: Its head of group…
Culture
CLI to acquire Australian credit investment manager Wingate for A$200 million
CAPITALAND Investment (CLI) is acquiring the property and corporate credit investment management business of Wingate Group in Australia…
Culture
Catalist-listed SIAMH may have gone public before it was ready – MAS review group should figure out why
Can the enablers of public listings be incentivised to ensure that companies do not come to market without a credible growth story? When…
Culture
Sim Leisure dreams of creating Asia’s theme parks of tomorrow
Founder and executive chairman Sim Choo Kheng’s hopes are for the company to be an operator that is ‘not necessarily the biggest, but the…
Culture
KidZania Singapore operator Sim Leisure dreams of creating Asia’s theme parks of tomorrow
Founder and executive chairman Sim Choo Kheng’s hopes are for the company to be an operator that is ‘not necessarily the biggest, but the…
Culture
TikTok hawks tapped for jobs contrast with Trump’s murky stance
SOME of the loudest US critics of TikTok are set to occupy senior roles in the next Trump administration, providing counterweights to the…
Culture
Office property meltdown is starting to surface at US banks
SLUMPING office property values are rippling through US banks, with smaller lenders in particular ramping up the use of loan modifications…
Culture
US dollar set for best week in a month on cautious Fed outlook for 2025
The US dollar headed for its best weekly performance in a month on Friday (Dec 13), as investors priced in the possibility of the Federal…
Culture
US foreign investment panel split on Nippon-US Steel deal: FT
THE US Treasury has informed Japan’s Nippon Steel that the panel reviewing its proposed US$14.9 billion purchase of US Steel has not yet…
Culture
Tuan Sing CEO and director add to stakes
Over the five trading sessions from Dec 6 to 12, institutions were net sellers of Singapore stocks, leading to a net institutional outflow…
Culture
US court rejects Tiktok request to temporarily halt pending US ban
A US appeals court on Friday (Dec 13) rejected an emergency bid by TikTok to temporarily block a law that would require its Chinese parent…
Culture
Allianz scraps proposed acquisition of Singapore’s Income Insurance: source
Allianz has scrapped a proposed US$1.5 billion euro (S$2.1 billion) acquisition of a 51 per cent stake in Singaporean firm Income…
Culture
Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran
Oil prices climbed about 2 per cent on Friday (Dec 13) to settle at a three-week high, on expectations that additional sanctions on Russia…
Culture
NRIC should not be treated as sensitive unique identifiers: MDDI
NATIONAL Registration Identity Card (NRIC) numbers should not be treated as sensitive, and instead be viewed as full names currently are,…
Culture
Currencies drop as China disappointment rattles emerging markets
EMERGING-market currencies in Asia and the South African rand retreated as China’s policy makers appeared to disappoint investors…
Culture
Stamford Tyres H1 profit tumbles 75% to S$401,000 on increased expenses
Revenue falls 1.2 per cent to S$94.5 million but other expenses shoot up 80.3 per cent to S$2.9 million TYRE and wheel distributor…
Culture
Schroders seeks buyers for Indonesia unit with US$4 billion in assets: sources
SCHRODERS is looking to sell its Indonesian business, according to two sources with knowledge of the matter, as the UK-headquartered…
Culture
HSBC sent fintech Stenn into administration over fears about client list
HSBC Holdings triggered the shuttering of trade-finance firm Stenn Technologies after uncovering transactions that were supposed to be…
Culture
Vibrant Group reverses into black with S$3.3 million H1 profit
The logistics company booked a loss of S$3.2 million in the previous corresponding period LOGISTICS company Vibrant Group has posted a net…
Culture
UOB names its corporate banking head Leong Yung Chee as new group CFO
UOB has appointed Leong Yung Chee, its current head of group corporate banking, as its next group chief financial officer (CFO), the bank…
Culture
Panin Bank acquisition could add 2-3% to DBS or OCBC profit: RHB
Broker notes that a sale is attractive, given the scarcity of such deals and Jakarta-listed bank’s status as a mid-sized lender with total…
Culture
Global M&A deal value set to hit ‘middling’ US$3.5 trillion by end 2024: Bain
THE global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated…
Culture
Global M&A deal value will hit ‘middling’ US$3.5 trillion by end-2024: Bain
THE global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated…