Fashion
Yangzijiang Shipbuilding bags US$2.6 billion in contracts
This takes the group’s shipbuilding contracts to US$14.3 billion in the year to dateMARITIME vessel maker Yangzijiang Shipbuilding said on Monday (Dec 2) that it has secured another US$2.6...
Hong Kong’s HKBN gets rival takeover interest from I Squared Capital
HONG Kong telecommunications company HKBN said on Monday (Dec 2) it has received a rival non-binding indication from US private equity firm I Squared Capital for a possible takeover.The...
Sembcorp stays on transformation course, but big bet on renewable energy comes with risks
The threat of US tariffs, for example, could dampen global trade and electricity demand, and weaken the drive to invest in fossil fuels HARDLY a month goes by without...
JPMorgan fined S$2.4 million by MAS for misconduct by relationship managers
It charges clients a spread over the interbank prices, which were unavailable to clients JPMORGAN Chase Bank has paid a S$2.4 million civil penalty to the Monetary Authority of...
MOF launches open call for feedback on Singapore Budget 2025
THE Ministry of Finance (MOF) on Monday (Dec 2) announced an open call for public feedback for Budget 2025, which is scheduled to be presented in February 2025.The Budget...
Nine Volkswagen plants on strike as labour battle escalates
WORKERS at nine Volkswagen car and component plants across Germany started strikes lasting several hours on Monday (Dec 2), bringing assembly lines to a halt as labour and management...
Gold slips as dollar strengthens; investors await US data
Gold prices slipped on Monday (Dec 2), snapping a four-session rally as the US dollar firmed, while market participants awaited key US economic data for clues on the Federal...
Singapore stocks close up 0.3%, tracking strong gains in Asia on positive China data
heightened tension to ultimately provide fuel for two multi-year trends benefiting Singapore: FDI and wealth inflows. SINGAPORE stocks closed higher on Monday (Dec 2), following gains in Asia led...
Singapore stocks open in the green; STI up 0.7%
SINGAPORE stocks opened higher on Monday (Dec 2), following gains in Asia as markets enter a seasonally strong period.The benchmark Straits Times Index (STI) rose 27.04 points or 0.7...
Keppel DC Reit launches preferential offering at S$2.03 apiece
THE manager of Keppel DC Real Estate Investment Trust (Reit) on Monday (Dec 2) announced the launch of its preferential offering for 148.4 million new units at an issue...
