Business
GEH, OCBC’s proposals a victory of sorts for minorities who have held out, endured suspension
When Great Eastern Holdings (GEH) and its controlling shareholder OCBC put forward a two-pronged plan last week to resolve the insurer’s…
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Business
Business
Nasdaq 100 sees mixed signals amid trade optimism and technical divergence
The Nasdaq 100 Index has seen a strong rally from April through early June 2025, buoyed by optimism surrounding US-China trade…
Business
Little known sweet potato producer Zixin Group could be a treat for investors
Catalist-listed Zixin Group is hardly considered a household name on the Singapore Exchange (SGX). The company describes itself as “a…
Business
Goldman CIO service suddenly catches on in Japan after 10 years
It took more than a decade of trying, but Goldman Sachs last year landed the first client for its business of helping institutions manage…
Business
Chinese managers take reins at TikTok Shop in US as sales miss goal
ByteDance, TikTok’s parent company, has been replacing US-hired staff near Seattle with managers connected to China, aiming to replicate…
Business
ECB’s Schnabel says now is right time to boost role of euro
European Central Bank Executive Board member Isabel Schnabel sees a favourable moment now to strengthen the euro’s global role as…
Business
Meta in talks for scale AI investment that could top US$10 billion
Meta Platforms is in talks to make a multibillion-dollar investment into artificial intelligence startup Scale AI, according to people…
Business
Arina East Residences sells 10 out of 107 units as booking opens
Freehold development Arina East Residences sold about 9 per cent of its 107 units on Saturday (Jun 7), at an average price of about…
Business
Arina East Residences sells 10 out of 107 units at average price S$3,000 psf as booking opens
Freehold development Arina East Residences sold about 9 per cent of its 107 units on Saturday (Jun 7), at an average price of about…
Business
What does the delisting proposal by Great Eastern mean for the minorities as well as majority shareholder OCBC?
As OCBC makes a conditional exit offer of S$900 million at S$30.15 per share to Great Eastern Holdings’ (GEH’s) shareholders, The Business…
Business
What’s a Neighborhood Restaurant Without a Neighborhood?
Industry City, an enormous waterfront complex in Sunset Park, has in recent years reinvented itself as a hub for small businesses and tech…
Business
UBS’s US$26 billion capital hit isn’t quite as bad as it seems
THE US$26 billion headline capital charge to protect Swiss taxpayers from the risk that UBS Group ever fails is worse than anyone…
Business
Group CEO Ng Chin Siau increases his stake in Q & M
Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional…
Business
Group CEO Ng Chin Siau increases stake in Q & M
Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional…
Business
Keppel DC Reit set to join STI from Jun 23
Following the Straits Times Index’s (STI) June quarterly review, Keppel DC Reit will be entering the index, replacing Jardine Cycle &…
Business
New OCBC offer for Great Eastern more attractive but fate lies in hands of significant minority shareholders: analysts
OCBC’s latest exit offer for Great Eastern is more attractive than its initial privatisation bid, but it still remains to be seen if the…
Business
Crude climbs on US jobs report, China talks
Crude rose more than US$1 a barrel on Friday, posting its first weekly gain in three weeks after a favourable US jobs report and resumed…
Business
Europe: Equities gain for second week on jobs data and trade hopes
EUROPEAN shares rose for a second straight week, buoyed by robust US employment figures and diminishing concerns over trade friction that…
Business
US: Stocks rebound on jobs data relief, US-China talks
Wall Street stocks bounced on Friday as solid US employment data helped stave off concerns of an imminent downturn, while President Donald…
Business
Gold Edges Higher as Rate Cut Hopes Grow; Silver Hits 13-Year Peak on Industrial Demand
Gold offered a glimmer of hope for many investors who kept an eye on the tumultuous markets this week. Amid mounting jobless claims and…
Business
BNP to cut 200 branches by end of 2026 to kick off retail revamp
BNP Paribas chief executive officer Jean-Laurent Bonnafe plans to cut hundreds of domestic retail branches in an effort to lift…
Business
US: Wall Street opens higher on jobs data optimism; Tesla rebounds
stock indexes opened higher on Friday (Jun 6) after a strong jobs report calmed worries over the health of the labour market, while Tesla…
Business
UBS faces tough new Swiss banking sector rules
The Swiss government on Friday (Jun 6) proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it hold…
Business
Sasseur Reit receives up to 508 million yuan from sponsor for refinancing
Sasseur Real Estate Investment Trust’s (Reit) said a wholly owned subsidiary of its sponsor has entered into an unsecured sponsor loan…