Business
Zijin Gold seeks HK$25 billion in world’s biggest IPO since May
The gold producer is coming to market at a time prices of the precious metal extend their rise, it broke another record this week Zijin…
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Business
FedEx sees sales growth in sign of parcel demand rebound
The company expects revenue to grow by as much as 6% this year compared with a 1.2% average gain forecast by analysts FedEx reinstated its…
Business
Oil prices settle lower, US economic concerns outweigh Fed rate cut
Oil prices eased on Thursday, settling lower as traders remained worried about the US economic outlook a day after the US Federal Reserve…
Business
Europe: Chip-led technology rally drive Stoxx 600 higher after Fed rate cut
EUROPEAN shares ended on Thursday on a strong note in a chipmaker-driven rally, further powered by the resumption of the US Federal…
Business
US: Stocks end at record highs after Fed rate cut, Nvidia-Intel deal
US EQUITY indices finished at fresh records on Thursday following the Federal Reserve’s first interest rate cut of 2025 while Intel surged…
Business
Singapore UOB Raises Vietnam's 2025 Growth Forecast to 7.5%
The Vietnam News Agency said on Thursday, September 18, that Singapore's United Overseas Bank (UOB) increased its 2025 GDP growth…
Business
Boustead’s proposed Reit listing has portfolio value of S$1.9 billion
The portfolio will comprise 23 logistics and industrial properties – 21 in Singapore and two in Japan Boustead Singapore said on Thursday…
Business
Intel shares soar as Nvidia embrace brings it into the AI boom
Intel shares have skyrocketed after Nvidia announced plans to invest in and partner with the company, sparking hope that the old chipmaker…
Business
US: Wall St opens higher after Fed indicates more rate cuts
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate…
Business
Nvidia invests US$5 billion in Intel, plans to co-design chips
Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to…
Business
BOE holds rates at 4%, keeps cautious stance on future cuts
Policymakers also voted to reduce the pace at which the BOE is reducing its government bond holdings The Bank of England held interest…
Business
Logistics provider GLP preparing to list China business in 2026
LOGISTICS company GLP is seeking to list its China business in an initial public offering (IPO) next year, said its backer Hopu Investment…
Business
New partnership to develop autonomous tech for construction equipment
Japan-based deep-tech startup TIER IV, as well as Komatsu and Earthbrain have partnered to develop technologies for automating…
Business
Longtime Saks Shoe Force Will Cooper Is Exiting the Company
Saks veteran Will Cooper is exiting the company after two decades. A Saks Global spokesperson confirmed the move late Wednesday, noting…
Business
Any TikTok Deal Must Separate It from China | National Review
The administration, having long flouted the law, now appears poised to evade it permanently. Source link
Business
Fed’s rate-cut plans pre-empt a recession, rather than reacting to one
The Federal Reserve’s latest move is a shift from the hold-steady, wait-and-see approach to an aggressive defence of the US labour market…
Business
STI falls on Thursday, down 0.3%
Decliners outnumber advancers 322 to 233 across the broader market with 2.4 billion shares worth S$1.4 billion changing hands The Straits…
Business
Sunway group to buy Hongkong Land’s property arm MCL Land for S$738.7 million
Real estate group Hongkong Land Holdings will sell its Singapore and Malaysian property arm MCL Land to Malaysia’s Sunway group for…
Business
Malaysia's Sunway Group to buy Hongkong Land’s development arm MCL Land for S$738.7 million cash
The sale is effectively at net asset value, says Hongkong Land chief executive Michael Smith Real estate group Hongkong Land will sell its…
Business
Octave Capital launches US$75 million ocean-focused impact fund with Katapult Ocean
The fund will look at relevant startups in Apac as well as companies from other geographies that could benefit from expanding into this…
Business
HK, Abu Dhabi bourse operators seek to deepen capital market ties
The agreement underscores increasing financial ties between the Asian financial hub and the Middle East Hong Kong Exchanges and Clearing…
Business
Japan's Nikkei closes above 45,000 for first time on tech boost, Fed decision
Japan’s Nikkei share closed above 45,000 for the first time on Thursday (Sep 18), underpinned by technology shares, as optimism swept into…
Business
Legal officer ‘responsible’ for the compliance of fundraising document named in Olivia Lum’s trial
Court hears that Joscelyn Tan, Hyflux’s former legal officer for corporate finance, would have been in charge A former senior legal…
Business
Centurion Accommodation Reit kicks off SGX IPO
The Singapore public offer opens at 10 pm on Thursday, and closes at 12 pm on Tuesday Centurion Accommodation Real Estate Investment Trust…