Business
From defence to dividends: The best performing STI components are riding big global currents
Betting that laggards will quickly catch up with the leaders could be a mistake in the current thematic, growth-oriented market…
Section
Business
Business
Blackstone, KKR drive US$1.41 billion surge in private-equity deals in Korean beauty
Recent investments by Blackstone and KKR could help push deals made this year in sector past those in 2024 From a premium hair salon chain…
Business
Brookfield in talks to buy Yes! Communities from Singapore’s GIC in US$10 billion deal, FT reports
Brookfield Asset Management is in talks to buy Yes! Communities, a US landlord of manufactured homes, from Singaporean sovereign wealth…
Business
Yuan’s gradual advance may offer boost to emerging currencies
CHINA’S new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market (EM) currencies, as…
Business
Boris Becker: Prison turned me into a very cautious person
Boris Becker speaks candidly about his time in jail in his new memoir, "Inside," published in Germany in August and due to come out in…
Business
SGX’s new index risks being ‘just another index’ without clear differentiators, caution analysts
While it can raise the profile of larger non-STI stocks and attract fund products, analysts call for more clarity on criteria for…
Business
SGX’s new index needs clear differentiators to avoid being ‘just another index’, say analysts
While it can raise the profile of larger non-STI stocks and attract fund products, analysts call for more clarity on criteria for…
Business
A Hundred Memories First Impressions: Episode 2 Air Date, Preview, Spoilers, and More
A Hundred Memories episode 2 will air on JTBC on Sunday (September 14) at 10:30 PM KST. Go Young Rye will find herself in crisis in the…
Business
Politics drive investment divide in South-east Asia’s top markets
POLITICAL upheaval is driving a split in South-east Asia’s financial landscape, as investors bet that the worst may finally be over in…
Business
Transforming Urban Ecosystems: AI-Powered Smart Cities Redefining Mobility
Thanks to advancements in IoT and artificial intelligence, the global smart city market is rapidly changing. The market for AI in smart…
Business
Peak number of private equity firms seen running zombie risk
A RECORD number of private equity firms will turn into so-called zombie funds this year, as they struggle to reel in new investor cash,…
Business
Kingsmen Creatives chair and deputy chair build stakes
During the five sessions from Sep 5 to 11, 15 primary-listed companies made share buybacks with a total consideration of S$43 million Over…
Business
S-Reits deliver double-digit total returns in Q3 as investors await rate cuts
Real estate investment trusts in Singapore (S-Reits) rebounded strongly in the third quarter to date, with the iEdge S-Reit index…
Business
Blockchain billionaire emerges from Figure’s post-IPO surge
It took him a few tries, but Mike Cagney is now a billionaire. Shares of blockchain-based lender Figure Technology Solutions have soared…
Business
Hedge funds slash bullish oil bets to lowest ever amid Opec hike
Hedge funds chopped their bullish position on US crude to the lowest on record as the Opec+ alliance’s latest decision to boost production…
Business
Ticket reseller StubHub's IPO 20 times oversubscribed, source says
Ticket reseller StubHub, which delayed its US listing in April amid market volatility, has drawn over 20 times as many orders for its…
Business
Hong Kong pitches itself as assembly base for China EV makers
Hong Kong is in talks with several Chinese electric-vehicle (EV) makers to establish local EV manufacturing, according to people familiar…
Business
India tweaks IPO rules to allow easier listing for big firms
India’s securities market regulator on Friday (Sep 12) made it easier for very large private companies to go public in one of the world’s…
Business
Busiest IPO week since 2021 mints US$4 billion for 6 newcomers
The initial public offering (IPO) market kicked into high gear this week, with sextet of deals raising more than US$4 billion in the…
Business
OpenAI to share 8% of its revenue with Microsoft, partners, The Information reports
OpenAI has projected that by the end of the decade it will be sharing about 8 per cent of its revenue with commercial partners, namely…
Business
China sets 2025 auto sales target below association forecast, vows tighter regulation
China is targeting 32.3 million in vehicle sales in 2025, the country’s industry ministry said, below the 32.9 million units projected for…
Business
Emerging market investor inflows are a 2026 story, BOA says
Emerging markets are likely to receive heavier inflows early next year as more evidence on the resilience of these economies fuels a…
Business
US penalises two Chinese companies that acquired tools for chipmaker SMIC
The US on Friday (Sep 12) penalised two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker Semiconductor…
Business
Europe: Stoxx 600 slips as French rating review looms; still ends week higher
European shares ended the week on a strong note, but were a little lower on Friday (Sep 12) as investors turned cautious ahead of Fitch’s…