Culture
Sats unit to shed stake in Saudi Arabia subsidiary for S$52.6 million
IN-FLIGHT caterer and ground handler Sats intends to divest 49 per cent of its interest in its Saudi Arabia cargo-handling subsidiary for…
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Culture
Culture
Thai banking system has large excess liquidity: central bank
THAILAND’S banking system has large excess liquidity and the central bank has not tightened its lending supervision, an assistant governor…
Culture
HSBC sustainability chief leaves after executive committee role dropped
HSBC’s chief sustainability officer, Celine Herweijer, has stepped down, the bank said on Monday (Nov 25), weeks after a management…
Culture
Europe: STOXX 600 hits two-week high
Europe’s main stock index opened at a two-week high on Monday (Nov 25), boosted by US President-elect Donald Trump’s Treasury Secretary…
Culture
UK regulator fines Barclays £40 million over disclosures related to Qatar dealings
BRITAIN’S financial regulator said on Monday (Nov 25) it had fined Barclays £40 million (S$68 million) in total for its failure to…
Culture
Singapore Gulf Bank to raise funds, buy stablecoin payments firm
SINGAPORE Gulf Bank is seeking to raise at least US$50 million in a funding round and plans to acquire a stablecoin payments company next…
Culture
Mr DIY Indonesian business plans IPO to raise up to 4.7 trillion rupiah
THE Indonesian sister company of Mr DIY Group (M) Bhd will list shares in Jakarta through an initial public offering (IPO) that seeks to…
Culture
Swatch wins Malaysia suit over pride watch raid: report
SWISS watchmaker Swatch Group has won its lawsuit against the Malaysian government over last year’s controversial seizure of its…
Culture
Brokers’ take: RHB ‘overweight’ on Singapore banking sector
RHB on Monday (Nov 25) upgraded its call on Singapore’s banking sector to “overweight” from “neutral” in September, as it made a “buy”…
Culture
Brokers’ take: Maybank initiates SingPost at ‘buy’ with S$0.74 target price
MAYBANK Securities has initiated coverage on Singapore Post (SingPost) with a “buy” call and a S$0.74 target price after applying a 15 per…
Culture
China keeps policy loan rate unchanged for second month
CHINA’S central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up…
Culture
Indonesia bourse mulls higher IPO proceeds criteria for listing
THE Indonesia Stock Exchange (IDX) is considering requiring minimum proceeds for initial public offerings (IPOs) as part of efforts to…
Culture
Stocks to watch: CDL, Paragon Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Nov 25): City Developments Limited…
Culture
Bitcoin’s rally stalls after nearing the historic US$100,000 level
BITCOIN retreated after a rally towards US$100,000 sputtered just shy of the historic level amid warnings that investor optimism stemming…
Culture
China investors digest another letdown from big tech earnings
FROM Tencent Holdings to Alibaba Group Holding, China’s tech leaders delivered underwhelming numbers for a quarter beset by economic and…
Culture
SingLand builds on sustainability efforts, sees ESG credentials as prerequisite to attracting tenants
Having a sustainable workplace will become a major criterion for companies looking to attract and retain talent, says CEO JONATHAN Eu, the…
Culture
Biofuel demand, limited supply provide support for used cooking oil prices despite regulatory uncertainties
GLOBAL demand for used cooking oil (UCO), a feedstock for biofuels such as sustainable aviation fuel (SAF), is expected to continue to…
Culture
History is useless for Wall Street pros betting on stock rally
Investors have a challenge in betting on the usual stock market rally that tends to arrive after a presidential election: With the S&P 500…
Culture
Internalisation of Reits: how to avoid the nuclear option
Traditionally, Singapore-listed real estate investment trusts (S-Reits) have been managed by external managers owned by sponsors. This…
Culture
ABR Holdings managing director continues to grow interest
OVER the five trading sessions spanning Nov 15 to Nov 21, institutions were net sellers of Singapore stocks, resulting in a net…
Culture
Nvidia stock surge means CEO’s foundation must double giving
NVIDIA’S surging share price has created a challenge for Jensen Huang’s charitable foundation: As the stock climbs, so does the amount of…
Culture
Adani CFO defends against US charges, says linked to one business contract
A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10 per cent of…
Culture
Adani CFO says US charges linked to only one business contract
A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10 per cent of…
Culture
Nvidia boss urges global cooperation during Hong Kong trip
NVIDIA chief executive officer Jensen Huang called for preserving global cooperation amid growing anticipation of renewed tensions between…