Fashion
Standard Chartered mulls sale of wealth, retail operations in Africa
STANDARD Chartered is exploring a potential divestment of its wealth and retail banking operations in Botswana, Uganda and Zambia, it said…
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Fashion
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Chinese driverless-tech firm Pony AI said to raise US$260 million in US IPO
The Guangzhou-headquartered company priced its American depositary shares at US$13 each PONY AI raised US$260 million after pricing its US…
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Singapore banks, insurers in ‘good position’ to withstand severe macrofinancial shock: MAS
Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S…
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Citi appoints ex-BlackRock portfolio manager Kate Moore as CIO
GLOBAL bank Citigroup announced on Wednesday (Nov 27) that it has appointed former BlackRock portfolio manager Kate Moore as its chief…
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Foxconn says global manufacturing footprint to shield it from Trump’s tariffs
TAIWAN’S Foxconn said on Wednesday (Nov 27) it expects any impact of new tariffs from US President-elect Donald Trump to hit it less than…
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Current higher yields on Singapore Savings Bonds and Treasury Bills unlikely to last: analysts
December tranche gives a 10-year average return of 2.81%; sees S$164.8 million in applications versus S$600 million on offer THE latest…
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Most Singapore companies able to service debt despite higher interest expense: MAS
DESPITE higher interest expenses, most companies in Singapore have been able to generate enough earnings to service their debt, said a…
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Apple misses out on big 2024 smartphone market rebound: study
GLOBAL smartphone sales rebounded strongly in 2024 after two successive years of decline, but Apple barely managed growth, an independent…
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Thai Airways plans 44 billion baht share sales to exit debt plan
THAI Airways International expects to raise as much as 44 billion baht (S$1.7 billion) from a share rights offering, the carrier’s final…
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Vitasoy ‘open to collaboration’ as takeover speculation mounts
VITASOY International Holdings is “open” to potential business collaboration opportunities, chief executive officer Roberto Guidetti said,…
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Philip Ng raises stake in Vitasoy, prompting speculation of takeover
CEO Roberto Guidetti says it’s ‘open’ to potential business collaboration as company’s shares jumped the most on record VITASOY…
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Black Friday 2024 Petite Friendly Sale Picks
Black Friday 2024 Petite Friendly Sale Picks What are you searching for? X Close Source link
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CrowdStrike raises annual forecast on steady cybersecurity demand
CYBERSECURITY firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter revenue on Tuesday (Nov 26), betting…
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Gold prices barely move ahead of US inflation data
GOLD was little changed on Wednesday (Nov 27), as investors awaited US inflation data for clues on the scale of a possible Federal Reserve…
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Singapore shares rise at Wednesday’s open; STI up 0.3%
SINGAPORE stocks began trading higher on Wednesday (Nov 27), despite US president-elect Donald Trump’s tariff threat on major trading…
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Stocks to watch: SingPost, Elite UK Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 27): Singapore Post (SingPost):…
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GM, Ford fall on Trump tariffs seen adding US$3,000 to car prices
SHARES of US automakers tumbled on worries that a new round of tariffs imposed by President-elect Donald Trump will cause sticker prices…
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Couche-Tard not giving up on bid to acquire 7-Eleven’s owner
CANADIAN convenience store and fuel retailer Alimentation Couche-Tard remains committed to snapping up its Japanese rival Seven & i…
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Netflix defeats shareholder lawsuit over growth forecasts
NETFLIX won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of downplaying the impact on subscriber…
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Chinese Courier SF Holding to start trading after HK$5.83 billion Hong Kong IPO
CHINA’S SF Holding’s shares are set to debut in Hong Kong on Wednesday (Nov 27), in what is expected to be the city’s final test for major…
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Dell reports sales that miss estimates on setback for PC market
DELL Technologies reported worse-than-expected sales after a budding revival in the personal computer (PC) market stalled out. Fiscal…
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US Fed minutes show officials prefer future rate cuts to be gradual
US FEDERAL Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and…
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StanChart CEO Bill Winters’ love-hate relationship with trade wars, conflict
He says while things could go wrong, it is while navigating through those periods that the greatest opportunities are created STANDARD…
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Dow offers investors a chance to diversify in US’ post-election upswing
WITH the Republican Party poised to take full control of the US government, the American stock market could be set for a bullish forecast.…