Business
Temasek’s SeaTown closes third private credit fund after raising more than US$612 million
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (Aug 27) it has closed its third private credit…
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Business
Business
Temasek’s SeaTown raises more than US$612 million in first close of third private credit fund
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (Aug 27) it has closed its third private credit…
Business
Temasek’s SeaTown raises more than US$612m for third private credit fund
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (Aug 27) that it has closed its third private…
Business
Seatrium falls by nearly 4% as Keppel’s arbitration for claim in Brazil corruption case begins
Shares of Seatrium fell by close to 4 per cent in early trade on Wednesday (Aug 27), a day after news broke that Keppel will begin…
Business
Gold edges lower as US dollar firms, but Fed turmoil limits losses
Gold prices edged lower on Wednesday (Aug 27), pressured by an uptick in the US dollar, although renewed concerns over the US central…
Business
Prudential H1 new business profit up 12% at US$1.26 billion
The growth is supported by higher annual premium equivalent sales and margin expansion Prudential on Wednesday (Aug 27) announced that its…
Business
Prudential H1 new business profit rises 12% to US$1.26 billion; Singapore second-largest contributor to growth
Prudential on Wednesday (Aug 27) announced that its new business profit – a measure of profitability for insurance businesses – rose to…
Business
Stocks to watch: Prudential, OCBC, Keppel, Seatrium, SingPost, CICT, Wing Tai
The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 27): Prudential: Its new…
Business
Stocks to watch: Prudential, OCBC, Keppel, Seatrium, SingPost, Wing Tai
The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 27): Prudential: Its new…
Business
Australian grocer Woolworths posts 19% drop in annual profit
RALIA’S Woolworths Group reported a 19 per cent drop in its full-year underlying profit on Wednesday, as lower spending by customers…
Business
Australia housing dysfunction mirrored in central bank’s blowout rebuild
When Australia’s central bank resolved to refurbish its 1960s-era Sydney headquarters in 2018, it hardly expected the project would fall…
Business
Kroger lays off 1,000 corporate workers in cost-cutting move
Kroger is laying off nearly 1,000 corporate employees as the grocery-store operator moves to trim costs and simplify its business…
Business
Europe: Shares tumble as French political risks, Fed independence concerns weigh
EUROPEAN shares closed lower on Tuesday, led by losses in France where the minority government looked increasingly likely to be ousted…
Business
Bank of Korea likely to extend hold on fears over household debt
The Bank of Korea (BOK) is poised to keep its policy settings steady while updating economic forecasts as authorities weigh risks that a…
Business
US: Stocks shrug off Trump attempt to fire Fed official
Wall Street’s major indexes ticked up Tuesday as investors shook off President Donald Trump’s move to oust a governor from the central…
Business
As Dick’s Sporting Goods Works to Close Foot Locker Acquisition Next Month, Concerns Remain Over New Company’s Future
A new athletic retail powerhouse is one step closer to becoming reality. On Tuesday, Dick’s Sporting Goods noted that all required…
Business
Brazil judge ‘suspends move to halt soy moratorium’
A judge in Brazil has reportedly issued an injunction suspending a move by the country’s competition watchdog to halt the Amazon Soy…
Business
US: Wall St opens subdued after Trump's latest attack on Fed
Wall Street’s main indexes opened slightly lower on Tuesday (Aug 26), pressured by a rise in longer-dated Treasury bond yields after US…
Business
London Stock Exchange wins first approval for private share platform
The London Stock Exchange has become the first company to win regulatory approval to operate a new platform allowing investors to trade…
Business
AT&T to buy wireless spectrum licences from EchoStar for US$23 billion
AT&T said on Tuesday (Aug 26) it will purchase key wireless spectrum licences from EchoStar for about US$23 billion, as the US telecom…
Business
Wing Tai narrows H2 net loss to S$71.1 million
Property developer Wing Tai narrowed its net loss in the second half of its 2025 fiscal year ended Jun 30 to S$71.1 million, down from…
Business
Maybank Q2 net profit up 3.9% on higher investment, trading income
Maybank posted on Tuesday (Aug 26) a 3.9 per cent increase in net profit to RM2.63 billion (S$802.2 million) for the three months ended…
Business
Sea overtakes DBS as South-east Asia’s most valuable company
Shares of the Internet company rise 1.1% in New York for a market capitalisation of US$111 billion Singapore’s Sea Ltd has reclaimed its…
Business
Mercedes-Benz offloads Nissan stake for US$325 million
The pension trust of German automaker Mercedes-Benz has sold its entire stake in Japan’s Nissan Motor for US$324.65 million, a source with…