Business
MUFG’s next CEO Hanzawa seeks growth to close gap with global rivals
Hanzawa, 60, who is currently the head of the main banking unit, will succeed Hironori Kamezawa on Apr 1 Junichi Hanzawa, the next chief…
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US stocks close lower as investors position for busy week of data
WALL Street closed lower on Monday as investors braced for a slew of economic data later this week while assessing reports on Federal…
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January Capital’s private credit fund marks final close at over US$130 million
The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans…
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Hongkong Land shares close 3.5% down following news of S$8 billion real estate fund
Shares of Hongkong Land soared as much as 5.5 per cent after the company announced plans to inject its interests in One Raffles Quay,…
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Noodle maker Leong Guan’s shares close 4.3% higher on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million Shares of food manufacturing and…
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US stocks close higher after Fed cuts interest rates
WALL Street ended higher on Wednesday, after the Federal Reserve cut interest rates by a quarter percentage point and signalled that it…
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MPACT subsidiary sells Festival Walk Tower for close to HK$2 billion
The manager of Mapletree Pan Asia Commercial Trust (MPACT) announced on Wednesday (Dec 10) that its subsidiary – Festival Walk – will sell…
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MPACT sells Festival Walk Tower for close to HK$2 billion
The manager of Mapletree Pan Asia Commercial Trust (MPACT) announced on Wednesday (Dec 10) that its subsidiary Festival Walk Ltd will sell…
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Singapore stocks close flat ahead of Fed interest rate decision
Singapore stocks ended lower on Wednesday (Dec 10), ahead of a policy decision by the US Federal Reserve. The benchmark Straits Times…
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Temasek-owned SeaTown raises about US$900 million in second close of third private credit fund
This comes four months after its first close of over US$612 million back in August SeaTown, owned by Temasek’s asset management group…
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US stocks close mixed as investors await Fed rate decision
THE S&P 500 ended Tuesday’s session slightly lower as investors anticipated that the Federal Reserve would take a hawkish tone even if it…
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European shares subdued at close amid caution ahead of week’s Fed rate decision
Global markets have gained in the last few weeks on rising expectations of a Fed cut in December European shares ended subdued on Monday…
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Industrials, automakers drive European shares higher at close
European shares closed higher on Thursday (Dec 4), led by industrials and automakers, as global risk appetite improved on elevated US rate…
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Indexes close higher as data keeps Fed rate cut expectations elevated
US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut…
Business
MetaOptics shares close 16.8% higher on proposed share placement
Proceeds are expected to strengthen the group’s financial position and expand its capital base to support a growing pipeline of global…
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Singapore stocks gain more ground on Friday as regional peers close mixed
Singapore stocks ended higher on Friday (Nov 28) as regional benchmarks ended the day mixed. The benchmark Straits Times Index (STI)…
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OKP shares close 6.6% higher on proposed bonus share issue
Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent in intraday trading on news of its proposed bonus…
Business
August Global Partners raises US$150 million in final close of Healthcare fund
The fund seeks opportunities in healthtech, advanced manufacturing, digital health and precision medicine Fund manager August Global…
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Europe: Shares close at one-month low on Fed rate cut worries, tech valuations
EUROPEAN shares fell on Tuesday, with those in Germany near a five-month low as a broad risk-off mood gripped global markets, sparked by…
Business
KKR targets December close for second Asia private credit fund
Asian borrowers remain highly price-sensitive, often opting for bank loans that are typically 200 basis points to 400 basis points cheaper…
Business
Singapore stocks close lower amid mixed regional trading; STI down 0.1%
Singapore stocks ended lower on Monday (Nov 17), as markets across the region ended mixed. The benchmark Straits Times Index (STI) lost…
Business
Europe: Shares close lower with upcoming US data in focus; Siemens slides
EUROPEAN shares closed lower on Thursday, as investors shifted their focus to crucial US economic data following the end of the nation’s…
Business
US: Dow notches record-high close while Amazon weighs on Nasdaq
Wall Street’s main indexes were mixed on Wednesday, with the Dow notching a record-high close and the Nasdaq losing ground as investors…
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Europe: Stocks log record close, boosted by financials, US shutdown relief
EUROPEAN shares logged a second consecutive record close on Wednesday, boosted by financials as investors were relieved by a potential end…