Business
Global borrowing binge brings record US$600 billion of bond sales
Companies and governments around the globe spent the past month streaming into debt markets, seizing on declining interest rates ahead of…
Swedan Margen
Swedan Margen contributes to Cosmopolitan Canada across fashion, style, culture, and entertainment.
The work spans trend coverage, cultural conversation, and stories drawn from the publication's editorial partners, with source attribution provided within individual articles where applicable.
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Business
Adani flagship’s US$1.3 billion share sale said to start next week
Billionaire Gautam Adani’s flagship firm plans to roll out its share sale as early as next week, according to people familiar, marking its…
Business
Goldman Sachs trades £1 billion in Thames Water debt
Goldman Sachs Group executed more than £1 billion (S$1.7 billion) of trades in Thames Water’s bonds in September, as it made a market…
News
Samsung India protests escalate, police detain over 900 workers, union members
INDIAN police on Tuesday (Oct 1) said they had detained 912 Samsung Electronics workers and union members for organising a street protest,…
Business
ThaiBev revives IPO plan for beer unit, eyes potential partners
Thai Beverage is reviving plans for an initial public offering of its beer unit to take advantage of a rally in global stock markets,…
Business
Singapore shares decline amid mixed regional showing; STI down 0.1%
SINGAPORE stocks fell into the red on Tuesday (Oct 1), even asmost regional markets ended mixed. The benchmark Straits Times Index (STI)…
Business
Malaysia’s Petronas to supply gas to Sabah Electricity
MALAYSIA’S Petronas will supply gas to Sabah Electricity for power generation in the regions of Sabah and Labuan, the state-owned energy…
Business
Pfizer raises US$3.2 billion by selling part of Haleon stake
Pfizer increased the number of shares to 640 million from 540 million after the sale began Pfizer has raised about US$3.2 billion from the…
Unsorted
SID launches initiatives to build director competencies
TO strengthen the competencies at the top of Singapore companies, the Singapore Institute of Directors (SID) unveiled a slew of new…
Business
Azalea’s Altrium funds close at over US$200 million each
Both funds have attracted investors that include institutions, private banks, family offices, external asset managers and high-net-worth…
Unsorted
US port strikes to boost global shipping rates despite earlier front-loading of peak season demand
Prices spiked in July as companies scheduled shipments before the usual year-end peak period THE year-end peak shipping season has been…
Business
Nippon Steel invests in Mlion, eyes stronger Asean foothold
The Japanese steel giant hopes to leverage Mlion’s position as a market leader in the steel sheet piling sector SINGAPORE-headquartered…
Business
US East Coast dockworkers head toward strike after deal deadline passes
DOCKWORKERS on the US East Coast and Gulf Coast were expected to strike on Tuesday morning after a midnight deadline passed with no sign…
Business
Ringgit’s surge pressures Singapore shoppers and Malaysians working across borders
Observers say it could continue strengthening, but that a return to below the 3.00 level against the Singdollar is unlikely The Malaysian…
Business
Gold holds ground as investors await US data for further clues
GOLD price held its ground on Tuesday (Oct 1), following a decline of nearly 1 per cent in the previous session, as investors awaited…
Business
Venture Corp appoints Wong Chee Kheong as group CEO
TECHNOLOGY company Venture Corporation has named Wong Chee Kheong, 62, as its group chief executive officer (CEO) effective Nov 1. In his…
Business
Stocks to watch: Japfa, Keppel, Mapletree Industrial Trust, Venture, CapitaLand Ascott Trust, QAF
THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 1): Source link
Business
CapitaLand Ascott Trust to acquire lyf Funan Singapore at S$263 million agreed value
CAPITALAND Ascott Trust (Clas) has proposed to acquire Victory SR Trust (VSRT), which directly holds a 100 per cent interest in lyf Funan…
Business
CapitaLand Ascott Trust to buy lyf Funan Singapore at S$263 million agreed value
CAPITALAND Ascott Trust (Clas) has proposed to acquire Victory SR Trust (VSRT), which directly holds a 100 per cent interest in lyf Funan…
Business
China’s top banks to tweak mortgage rates to boost housing market
SIX of China’s biggest banks said they would tweak interest rates on existing mortgages following a request to lower them from Beijing’s…
News
Epic Games sues Google and Samsung over app store
“FORTNITE”-MAKER Epic Games is suing tech giants Google and Samsung, it announced on Monday, accusing them of illegally colluding to block…
Business
Jeep owner Stellantis warns of fire risk in 200,000 plug-in SUVs
STELLANTIS warned that nearly 200,000 plug-in hybrid Jeep SUVs worldwide may be at risk of catching fire. The carmaker is recalling…
Business
F&B counters still whet investor appetite amid privatisation deals
The thirst for yield has drawn interest from private equity, which can provide a further boost to growth SINGAPORE-LISTED food and…
Business
F&B, grocery players like Sheng Siong, DFI still whet appetite of investors
DESPITE a fiercely competitive environment, Singapore-listed food and beverage (F&B) players are still a draw for investors. The thirst…