Business
Singapore: Two People Hospitalised After BKE Accident; Driver Assisting Police with Investigations
Two people were rushed to hospital following an accident involving a motorcycle and a car on the BKE on Tuesday, November 11. The…
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Business
Business
ABN Amro to buy NIBC Bank from Blackstone for 960 million euros
The deal will cut the Dutch bank’s CET1 capital ratio by about 70 basis points at closing ABN Amro Bank said it will acquire NIBC Bank…
Business
Maybank cuts Sea target price by 9.3% on softer Shopee margins, despite consensus-beating Q3 earnings
Maybank Research slashed its target price for internet company Sea by 9.3 per cent to US$156 from US$172 with a “hold” rating, citing…
Business
Maybank cuts Sea target price with ‘hold’ call on softer Shopee margins, HSBC maintains ‘buy’ call
Tech company’s prioritisation of growth and building of competitive moats could ‘slow near-term monetisation gains’, says Maybank Research…
Business
Federal Reserve’s Barr says AI will transform economies though outcomes vary
FEDERAL Reserve Governor Michael Barr said although artificial intelligence will transform economies, there are a range of outcomes as to…
Business
Laopu Gold, Baidu, Trip.com are the latest Hong Kong SDRs listed on SGX
This brings the total Singapore Depository Receipts shelf on the local bourse to 29 securities The Singapore Exchange (SGX) on Wednesday…
Business
Laopu Gold, Baidu, Trip.com are the latest SDR listings on SGX
This brings the total Singapore Depository Receipts shelf on the local bourse to 29 securities The Singapore Exchange (SGX) on Wednesday…
Business
Asia: Markets up on hopes over shutdown deal, rate cut
EQUITIES rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive…
Business
ST journalist wins Financial Story of the Year award
Angela Tan recognised for scoop on Kwek family feud; Lianhe Zaobao, CNA938, The Edge Singapore also bag awards Senior business…
Business
Gold gains for fourth day on softer dollar, Fed rate-cut optimism
GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US…
Business
Bitcoin traders are still rattled after US$340 billion wipeout
BITCOIN is struggling to stage a meaningful recovery after last month’s stumble, with signs of fatigue continuing to mount across crypto…
Business
F&N full-year profit falls 6.4% to S$141.3 million despite higher revenue in F&B segment
Beverage and publishing company Fraser and Neave (F&N) on Wednesday (Nov 12) announced a 6.4 per cent fall in net profit to S$141.3…
Business
Stocks to watch: Singtel, F&N, SBS Transit, CLAR, Prime US Reit, Stoneweg Europe, BHG Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 12): Singtel: Singtel posted a…
Business
Costa Coffee attracts takeover interest from backer of China’s Luckin
CENTURIUM Capital, the private equity backer of fast-growing Chinese chain Luckin Coffee, is considering a bid for UK cafe operator Costa…
Business
Valuetronics posts 2.7% higher H1 profit of HK$93 million
The board has proposed a final dividend of HK$0.04 per share and a special dividend of HK$0.04 per share Electronics manufacturing…
Business
DHLT posts 8.4% decline in distributable income of S$23.4 million for 9M FY2025
The manager of Daiwa House Logistics Trust (DHLT) on Wednesday (Nov 12) posted a distributable income of S$23.4 million forthe nine months…
Business
Daiwa House Logistics Trust 9M distributable income drops 8.4% to S$23.4 million
The manager of Daiwa House Logistics Trust (DHLT) on Wednesday (Nov 12) posted a distributable income of S$23.4 million forthe nine months…
Business
Google rolls out Apple-like message summaries for Pixel phones
ALPHABET’S Google is adding new artificial intelligence features to its Pixel devices, including iPhone-like message summaries and…
Business
Singtel H1 earnings nearly treble to S$3.4 billion on one-off gains
Telecommunications giant Singtel on Wednesday (Nov 12) posted a 176.4 per cent increase in net profit to S$3.4 billion for the first…
Business
Google unveils 5.5 billion-euro investment in Germany
GOOGLE unveiled its biggest-ever investment in Germany on Tuesday, pledging 5.5 billion euros (S$8.3 billion) for a new data centre and…
Business
Europe: Stocks close at record high, led by buoyant healthcare shares, hopes for end to US shutdown
EUROPEAN shares closed at a record high on Tuesday, led by healthcare stocks, as investors anticipated an end to the US government…
Business
US: Dow notches record high close, traders bet on end to government shutdown
THE Dow Jones Industrial Average surged to a record high close on Tuesday, lifted by progress toward ending the longest US government…
Business
Oil up as investors balance sanctions risks, oversupply worries
Oil prices gained about US$1 on Tuesday on the impact of the latest US sanctions on Russian oil and the optimism over a potential end to…
Business
Missoni May Soon Become Part of the Authentic Brands Portfolio: Sources
Authentic Brands Group is in exclusive negotiations to purchase the Missoni brand, according to sources. If things go according to plan, a…