Business
Singapore shares decline amid mixed regional showing; STI down 0.1%
SINGAPORE stocks fell into the red on Tuesday (Oct 1), even asmost regional markets ended mixed. The benchmark Straits Times Index (STI)…
Archive
The Latest
News
Is celebrity overdose killing brands? HRX, Kay Beauty shine; some struggle
Kay Beauty, Katrina Kaif (Instagram: Kay Beauty) 2 min read Last Updated : Oct 01 2024 | 3:18 PM IST A quick look into the state of…
Business
Malaysia’s Petronas to supply gas to Sabah Electricity
MALAYSIA’S Petronas will supply gas to Sabah Electricity for power generation in the regions of Sabah and Labuan, the state-owned energy…
Business
Lufthansa aims to revive 'problem child' airline by 2026: CEO Carsten Spohr
Lufthansa is still waiting for 41 new Boeing planes to arrive, with the 777x jets on order already facing years-long delays.(Photo:…
Business
Pfizer raises US$3.2 billion by selling part of Haleon stake
Pfizer increased the number of shares to 640 million from 540 million after the sale began Pfizer has raised about US$3.2 billion from the…
Business
Azalea’s Altrium funds close at over US$200 million each
Both funds have attracted investors that include institutions, private banks, family offices, external asset managers and high-net-worth…
Business
Airline stocks IndiGo, SpiceJet gain after govt slashes ATF rates
Aviation stocks, IndiGo, SpiceJet, ATF rates 2 min read Last Updated : Oct 01 2024 | 12:15 PM IST InterGlobe Aviation (IndiGo) and…
Business
Nippon Steel invests in Mlion, eyes stronger Asean foothold
The Japanese steel giant hopes to leverage Mlion’s position as a market leader in the steel sheet piling sector SINGAPORE-headquartered…
Business
US East Coast dockworkers head toward strike after deal deadline passes
DOCKWORKERS on the US East Coast and Gulf Coast were expected to strike on Tuesday morning after a midnight deadline passed with no sign…
Business
Ringgit’s surge pressures Singapore shoppers and Malaysians working across borders
Observers say it could continue strengthening, but that a return to below the 3.00 level against the Singdollar is unlikely The Malaysian…
Business
Gold holds ground as investors await US data for further clues
GOLD price held its ground on Tuesday (Oct 1), following a decline of nearly 1 per cent in the previous session, as investors awaited…
Business
Venture Corp appoints Wong Chee Kheong as group CEO
TECHNOLOGY company Venture Corporation has named Wong Chee Kheong, 62, as its group chief executive officer (CEO) effective Nov 1. In his…
Business
Stocks to watch: Japfa, Keppel, Mapletree Industrial Trust, Venture, CapitaLand Ascott Trust, QAF
THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 1): Source link
Business
CapitaLand Ascott Trust to acquire lyf Funan Singapore at S$263 million agreed value
CAPITALAND Ascott Trust (Clas) has proposed to acquire Victory SR Trust (VSRT), which directly holds a 100 per cent interest in lyf Funan…
Business
CapitaLand Ascott Trust to buy lyf Funan Singapore at S$263 million agreed value
CAPITALAND Ascott Trust (Clas) has proposed to acquire Victory SR Trust (VSRT), which directly holds a 100 per cent interest in lyf Funan…
Business
China’s top banks to tweak mortgage rates to boost housing market
SIX of China’s biggest banks said they would tweak interest rates on existing mortgages following a request to lower them from Beijing’s…
News
Epic Games sues Google and Samsung over app store
“FORTNITE”-MAKER Epic Games is suing tech giants Google and Samsung, it announced on Monday, accusing them of illegally colluding to block…
Business
Jeep owner Stellantis warns of fire risk in 200,000 plug-in SUVs
STELLANTIS warned that nearly 200,000 plug-in hybrid Jeep SUVs worldwide may be at risk of catching fire. The carmaker is recalling…
Business
F&B counters still whet investor appetite amid privatisation deals
The thirst for yield has drawn interest from private equity, which can provide a further boost to growth SINGAPORE-LISTED food and…
Business
F&B, grocery players like Sheng Siong, DFI still whet appetite of investors
DESPITE a fiercely competitive environment, Singapore-listed food and beverage (F&B) players are still a draw for investors. The thirst…
Business
Bajaj Auto leads EV sales in Sep; Ola remains biggest player in e2W space
Bajaj Auto has become the top player in India's electric vehicle market by monthly volumes, across all categories, with over 25,000 sales…
Business
Chinese stock market enters bull market after biggest surge since 2008
4 min read Last Updated : Sep 30 2024 | 11:46 PM IST Bloomberg News Chinese stocks extended one of their most remarkable turnarounds in…
Business
Festival season sales kick off to record-breaking start for e-com majors
2 min read Last Updated : Sep 30 2024 | 11:41 PM IST The festival season has kicked off to a record-breaking start for e-commerce majors…
Business
Hydra Trading sells 1.24% stake in RBL Bank for Rs 152 crore in open market
The shares were sold at an average price of Rs 203 apiece, taking the deal value to Rs 152.49 crore. | Photo: Shutterstock 2 min read Last…