Fashion
Broadway Industrial Group receives privatisation offer with S$0.197 per share cash option
ENGINEERING solutions provider Patec Group has made a mandatory conditional cash offer to take Broadway Industrial Group private at S$0.197 in cash a share, it was announced on Monday...
South Korea vows to fight volatility after won hits three-month low
SOUTH Korea’s finance minister has promised to act swiftly to curb excessive volatility in the won, the latest sign officials are growing nervous about the currency after it fell...
Olympus CEO exits after allegation he bought illegal drugs
OLYMPUS pushed out its chief executive officer after investigating an allegation he purchased illegal drugs, a stunning exit for the German native after less than two years at the...
Gold eases as US dollar strengthens, traders await Fed policy cues
GOLD prices declined on Monday (Oct 28), pressured by a stronger US dollar, while investors awaited fresh signals regarding the Federal Reserve’s monetary policy trajectory.Spot gold fell 0.5 per...
China’s steel mills and oil refiners bear brunt of tepid economy
CHINESE commodities producers centred on the old economy are still bearing the brunt of the nation’s economic slowdown, with steelmakers and crude oil processors in particular continuing to rack...
Boeing plans over US$15 billion capital raise as soon as Monday
BOEING is planning to launch a capital hike as early as Monday (Oct 28), according to sources familiar with the matter, in an offering that would help the beleaguered...
Boeing to raise up to US$22 billion to shore up finances, stave off downgrade
BOEING on Monday (Oct 28) launched a stock offering that could raise up to US$22 billion as the planemaker looks to strengthen its finances squeezed by an over month-long...
South Korea says it may consider additional oil tax cut
SOUTH Korea is experiencing minimal economic impact following Israel’s retaliatory strike on Iran, but may consider a further reduction in fuel oil tax if global market volatility increases, President...
Boeing raises doubts about its future in the space business
BOEING is weighing options for its Starliner operations as part of a broad review, raising the potential it will end one of the most storied histories in American space...
Popular Aussie-Kiwi cross to test year’s high on policy outlook
INVESTORS see the Australian dollar testing this year’s high against its New Zealand counterpart as policymakers diverge on the interest-rate outlook.The currency pair closed at 1.1049 last week, and...
