Business
China's Sany Heavy Industry seeking up to HK$12.4 billion in HK listing
Sany Heavy Industry is seeking to raise as much as HK$12.4 billion (S$2.1 billion) through its Hong Kong listing, a filing showed on…
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Business
Business
Kering agrees to sell beauty division to L’Oreal in partnership
Kering SA agreed to sell its beauty division to L’Oreal SA as part of a long-term strategic alliance, with chief executive Luca de Meo…
Business
S&P 500 rally may stall with breakdown of key support levels
THE US stock market experienced a recent notable pullback, driven primarily by escalating trade tensions between the US and China. On Oct…
Business
Staying resilient and redefining hospitality for a new era
WHEN Carolyn Choo entered Worldwide Hotels Group (WWHG) in 2002, the family business was under immense financial and legal pressure amid a…
Business
Shaping lives through learning innovation
PATRICK Cheo’s entrepreneurial journey has been defined by grit, foresight and a deep belief in the power of education to transform lives.…
Business
Wee Hur gears up for growth with bigger ambitions
Group’s chiefs consider its workers’ dormitory and construction businesses as key drivers of future growth Property developer Wee Hur is…
Business
Institutional investors will have key role to play if the run in smaller-cap stocks is to continue
Next 50 indices in their current form are likely to be just as effective in promoting market discipline among smaller-cap companies as the…
Business
S-Reits expected to deliver stable Q3 earnings on easing debt costs
More Singapore-listed real estate investment trusts are expected to deliver year-on-year DPU growth helped by a decline in average…
Business
L’Oréal and Kering Enter Into Joint Beauty Venture
Kering and L’Oréal have made it official: The two French giants said Sunday that they are forming a long-term strategic partnership in…
Business
L’Oréal Acquiring Kering Beauty Would Be a Game-Changer
L’Oréal’s possible acquisition of Kering Beauty could cause a seismic beauty industry shift. The Wall Street Journal reported on Saturday…
Business
Asteroid Ryugu's Ancient Past Exposed: Evidence of Water Flowing for a Billion Years Found!
They may be tiny, ancient chunks of rock, but asteroids never fail to capture scientists' attention. These wandering space bodies aren't…
Business
Singapore-Registered Car Causes Chaos at Johor Petrol Station After Driving Off with Pump Still Attached
A Singapore-registered car pulled down a petrol kiosk booth after driving away from the kiosk with the petrol pump still in the car.…
Business
Chinese tech giants pause stablecoin plans after Beijing steps in
The government raised concerns about the rise of currencies controlled by the private sector, says the Financial Times CHINESE tech…
Business
Dublin office woes hit private equity firms from Blackstone to Brookfield
The city’s vacancy rate has doubled in the last six years, exceeding the 10% reached in Paris and 8% in London and Lisbon A PARTIALLY…
Business
Capital-raising focus: Reclaims Global, iWow, Vividthree
Financial services and industrials book the most net institutional outflow from Oct 10 to 16, while telecommunications and healthcare book…
Business
Morgan Stanley sells US$8 billion high-grade bonds
Morgan Stanley priced an US$8 billion investment-grade bond sale on Friday (Oct 17), the third such deal by a major Wall Street firm this…
Business
Porsche’s new CEO is a luxury leader big on hybrids
The 911 maker is preparing to launch an electric version of the Cayenne in the coming months Porsche named Michael Leiters its next chief…
Business
China rare-earth product exports shrink as US frictions flare
China’s exports of rare earth products fell in September from a month earlier, as Beijing’s tighter controls on strategic minerals ripple…
Business
UK targets end-2026 for stablecoin rules to keep pace with US
The Bank of England (BOE) is aiming to have new stablecoin regulations in place by the end of next year, as policymakers around the world…
Business
Meta, Blue Owl seal US$30 billion private capital deal for AI
Structured investments are becoming more in demand as insurers and other types of investors search for debt tied to assets Mark…
Business
Samsung Electronics family to sell 1.7 trillion won stake amid share rally
The company has secured supply deals with other major customers and expectations have risen that the company will be able to supply its…
Business
Xiaomi shares post worst week in 3½ years as accidents stoke EV safety concerns
The company has not publicly acknowledged that the accidents involved its electric vehicles Shares of Chinese electric vehicle (EV) maker…
Business
Blackstone, TPG near Hologic deal for more than US$17 billion
The parties are currently discussing a price of above US$75 a share, according to sources Blackstone and TPG are in advanced negotiations…
Business
Banking shares’ wobbles reveal growing unease over credit risks
The markets have weathered a string of credit scares and surprise write-downs over the past two years A clutch of bad loans at banks in…