Business
Murdoch’s REA ends month-long takeover pursuit of Britain’s Rightmove
RIGHTMOVE’S shares dropped 8 per cent on Monday (Sep 30) after Rupert Murdoch’s REA Group ended its US$8.29 billion takeover pursuit…
Section
Business
Business
Japfa fails to buy targeted maximum number of shares under equal access scheme
Shareholders will be entitled to sell to the company up to 9 per cent of shares held in their name JAPFA managed to purchase only 76.3 per…
Business
India unique market, offers huge growth potential: Alma Lasers CEO Dayan
Commenting on the Indian market Dayan said India is a unique market and one of the first three markets, where Alma was direct, after the…
Business
Bharti Airtel prepays Rs 8,465 crore to DoT for spectrum acquired in 2016
The company has prepaid Rs 8,465 crore to the Department of Telecom (Government of India) against spectrum acquired in 2016. | File Photo:…
Business
China’s central bank buys 200 billion yuan of sovereign bonds in September
THE Chinese central bank said on Monday (Sep 30) that it had bought 200 billion yuan (S$36.5 billion) of the country’s government bonds in…
Business
Aston Martin plunges as supply woes prompt profit warning
SHARES of Aston Martin Lagonda Global plunged after the luxury sports-car maker lowered its guidance for the year, blaming supply chain…
Business
Arkade, Northern Arc, Kross, Western Carriers, Tolins Tyres hit new lows
3 min read Last Updated : Sep 30 2024 | 11:52 AM IST Shares of recently listed companies, including Arkade Developers, Western Carriers…
Business
Volkswagen’s second profit warning exposes a carmaker in decline
VOLKSWAGEN’s (VW) second profit warning in three months makes one thing clear: Europe’s biggest automaker is in decline. The German…
Business
Indonesia launches central counterparty clearing house
INDONESIA launched on Monday (Sep 30) a central counterparty clearing house (CCP) for foreign exchange and money market transactions as it…
Business
Hot stock: Nio jumps over 20% on news of strategic investment in China unit
The last time the counter reached such levels was in January, when it traded above US$7.60 SHARES of Nio rose by 21.9 per cent on Monday…
Business
Thailand has no limit on number of virtual bank licenses: deputy finance minister
THAILAND is not limiting the number of virtual bank permits that will be issued, a deputy finance minister said on Monday. Any group that…
Business
Asia: Tokyo stocks dive on strong yen as Hong Kong, Shanghai extend rally
STOCKS plunged more than four per cent in Tokyo on Monday after the yen surged in reaction to Shigeru Ishiba’s election last week as the…
Business
Singapore’s moribund IPO market looks to Reits for a lifeline
SINGAPORE’S stagnant initial public offering (IPO) market is relying on a boost next year from real estate investment trusts (Reits).…
Business
Pullback expected for Nifty50; wait for correction? What analysts say
A man talks on phone at the National Stock Exchange as its new logo for for the benchmark Nifty50 is seen on a glass-wall, in Mumbai 3 min…
Business
Singapore shares open almost flat on Monday; STI down 0.02%
SINGAPORE stocks began Monday (Sep 30) on a muted note, as global equities ended mixed over the weekend. As at 9.01 am, the Straits Times…
Business
Stocks to watch: Nio, Sheng Siong, Manulife US Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Sep 30): Nio Inc: The Chinese…
Business
Opposition to Toyota’s chairman spreads among big shareholders
OPPOSITION to Toyota Motor chairman Akio Toyoda has surfaced among some of the Japanese company’s biggest investors, after a series of…
Business
Arvind Panagariya's book explores Jawaharlal Nehru's long economic shadow
Premium The Nehru Development Model: History and its lasting impact 5 min read Last Updated : Sep 30 2024 | 12:02 AM IST The Nehru…
Business
Resist real estate mania: Lessons from the Chinese property meltdown
Premium Illustration: Ajay Mohanty 6 min read Last Updated : Sep 29 2024 | 11:52 PM IST Many people are fascinated by investing in real…
Business
Pakistan cuts 150K jobs, dissolves six ministries as part of IMF deal
Pakistan | (Photo: Shutterstock) 3 min read Last Updated : Sep 29 2024 | 8:34 PM IST In an effort to minimise administrative expenditures,…
Business
Crop trader Olam to pay US$3.3 million fine for delayed cotton sales reports
CROP trader Olam Group will pay a US$3.3 million fine for delayed reporting of cotton sales to the US Department of Agriculture (USDA) and…
Business
Hoping for banks to slash mortgage rates? Don’t hold your breath, analysts say
Fed’s Sep 18 rate cut has been widely anticipated and local banks have already priced it in for their loan packages MORTGAGE rates in…
Business
Riskiest real estate bonds are beating Nvidia’s returns
A PREVIOUSLY gloomy corner of the debt world has become the biggest winning trade in global financial markets, producing returns that few…
Business
Raffles Medical executive chairman expands interest; First Reit independent director cashes in
Institutions were net sellers of Singapore stocks over the five trading sessions spanning Sep 20 to 26, with S$54 million of net…