Business
MAS to announce measures to help listcos deliver greater shareholder value in November: Chee Hong Tat
The Republic will be announcing more details of its “Value Unlock” programme in November, said Chee Hong Tat, Minister for National…
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Business
MAS to announce in November measures to help listcos deliver greater shareholder value: Chee Hong Tat
They will include government grants, toolkits, and an expanded suite of engagement platforms The Republic will be announcing more details…
Business
Sanli Environmental scoops S$281 million LTA contract
Catalist-listed Sanli Environmental won a S$281 million contract from the Land Transport Authority (LTA) on Tuesday (Oct 21). The contract…
Business
Indonesia plans debut yuan bonds as dim sum issuance hits record
The country is also seeking more funding sources as President Prabowo Subianto tries to boost economic growth Indonesia is planning its…
Business
Gold falls again as rally comes to halt, Asian markets drop
GOLD and silver tumbled for a second day on Wednesday, bringing a rally in the precious metals to a juddering halt, while equities also…
Business
Gold extends retreat from record high on profit-booking, trade optimism
The Fed will lower its key interest rate by 25 basis points next week and again in December Gold prices fell further on Wednesday (Oct…
Business
China says Dutch Nexperia seizure places supply chain at risk
Talks between the two governments come a week after the Dutch state seized control of Nexperia using an emergency Cold-War era law China’s…
Business
Sovereign wealth funds, including Singapore’s GIC, drive biggest deals in US$3.5 trillion M&A year
Rainmakers at the top investment banks say they expect the flurry of takeovers to continue Deep-pocketed sovereign wealth funds are…
Business
Citigroup plans to pull lead from LME Singapore warehouses
Companies that deliver metal for rent deals do not have to retain ownership of the metal Citigroup is planning to withdraw large amounts…
Business
CNMC Goldmine falls 12.4% as gold posts sharpest fall in years
This follows a recent wave of sell-offs amid profit taking by investors who fear that gold’s recent rally has left it overvalued Shares of…
Business
Gold plunge knocks CNMC Goldmine off pedestal after 400% gain
This follows a recent wave of sell-offs amid profit taking by investors who fear that gold’s recent rally has left it overvalued Shares of…
Business
Air New Zealand warns of first-half loss as weak bookings and rising costs bite
AIR New Zealand on Wednesday warned it would report a first-half loss after soft local economic conditions dented expectations for a…
Business
Newcomers shrug off China’s EV headwinds with bets on niche cars
Despite their optimism, it’s unclear how many of the newer entrants will survive the Asian nation’s cutthroat industry For all the talk of…
Business
Stocks to watch: Seatrium, Keppel DC Reit, Soilbuild Construction
The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 22): Seatrium: The marine…
Business
Stocks to watch: Seatrium, Keppel DC Reit, Soilbuild Construction, CNMC Goldmine
The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 22): Seatrium: The marine…
Business
Seatrium rejects ‘wrongful termination’ of US$475 million contract, receives notice of arbitration
The deal is for the construction of a wind turbine installation vessel at a US offshore wind farm Seatrium on Wednesday (Oct 22) said that…
Business
Asia’s biggest stock exchanges push back against companies hoarding crypto
Three of Asia Pacific’s biggest stock exchanges are pushing back against crypto hoarding vehicles masquerading as listed companies. Hong…
Business
New JPMorgan skyscraper underlines Manhattan office comeback
JPMorgan Chase officially inaugurated its new Manhattan tower on Tuesday, a 60-story skyscraper that also marks a kind of comeback of…
Business
KKR says more investment flowing to Asia from US as dollar slips
The New York-based buyout giant is ramping up in Japan, deploying capital at five times the pace of a decade ago Global investors with…
Business
Gold and silver post steepest drops in years as rally cools
Gold and silver saw their steepest sell-off in years as investors locked in profits on concern that the recent historic rally in the…
Business
AI not a reliable source of news, EU media study says
ARTIFICIAL intelligence assistants such as ChatGPT made errors about half the time when asked about news events, according to a vast study…
Business
No new US soy sales to China, nothing being loaded, say US soy groups
There are no new sales of United States’ soybeans to China and nothing is expected to be loaded in coming weeks, according to information…
Business
Ugg Dupes Case Narrows What’s Trade Dress Protectable
Are widely used features in a product entitled to trade dress protection? The answer to that question has been narrowed considerably, at…
Business
Netflix says tax dispute hurt solid quarter; shares tumble
The company will use some of that money to repurchase shares and invest in programming Netflix said a tax dispute with Brazil cut into…