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Oil prices rise as Opec+ agrees to raise output at slower pace from October
The Organisation has been increasing production since April after years of cuts to support the oil market Oil prices rose on Monday (Sep…
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Business
Opec+ set to raise oil output further from October: sources
[LONDON/MOSCOW] Opec+ is set to agree to further raise oil output on Sunday (Sep 7) while probably slowing the pace of increases from…
Business
Bank Indonesia to raise interest paid on government deposits under ‘burden sharing’ deal
Indonesia’s central bank said it had agreed on a “burden sharing” arrangement with the government where it will raise the interest rates…
Business
Australia’s Lynas posts over 90% fall in annual profit; to raise A$750 million
RALIA’S Lynas Rare Earths posted a more than 90 per cent fall in its full-year profit on Thursday, hurt by depreciation from its…
Business
SIA to raise KrisFlyer redemption rates from Nov 1, adds new miles flight booking option
While certain economy class routes will have a reduction in rates, most cabin classes and routes will have increases ranging from 5% to…
Business
Hyflux’s legal head did not raise issues over non-compliance of listing rules for draft announcement, witness says
The legal head of Hyflux did not raise any issue of non-compliance with the listing rules in a draft of an announcement on the company…
Business
Hyflux’s legal head did not raise issues over non-compliance of listing rules for draft announcement, says witness
The legal head of Hyflux did not raise any issues of a draft announcement being non-compliant with Singapore Exchange (SGX) listing rules,…
Business
YZJ Maritime to raise up to S$250 million through the placement of new shares
YZJ Maritime Development, the proposed spin-off from Yangzijiang Financial Holding, intends to raise up to S$250 million through the…
Business
Saudis raise crude prices to Asia after Opec+ adds barrels
Saudi Arabia raised crude prices for a second consecutive month, signalling confidence in demand for its barrels as Organization of the…
Business
CICT to raise S$500 million from private placement of 237.5 million units at S$2.105 apiece
Capitaland Integrated Commercial Trust (CICT) on Tuesday (Aug 5) announced a proposed launch of over 237.5 million new units to raise…
Business
Spotify to raise premium subscription price in select markets from September
Spotify Technology shares gained in premarket trading after the company announced it is raising premium subscription prices across many…
Business
Temasek-backed Indian eyewear retailer Lenskart files for IPO, to raise 21.5 billion rupees in fresh issue
India’s biggest eyewear retailer Lenskart has filed for an initial public offering, which includes the issue of fresh shares worth 21.5…
Unsorted
Ozzy Osbourne Tried to Raise Hell
If you trust Ozzy Osbourne’s recollection—and, given the long and eventful life he led, as well as the chemical compounds he loved,…
Business
Why Tariffs (Probably) Won’t Cause Inflation (But Still Raise Prices)
Not all bad economic policy is inflationary, and not causing inflation doesn’t make economic policy good. Source link
Business
‘Defensive play benefiting from volatility’: Analysts positive on SGX earnings, raise target prices
Analysts are positive on Singapore Exchange (SGX), amid the recent months’ rise in trading volumes and volatility. SGX can be considered a…
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Why It’s Smart to Raise Taxes on Private-School Endowments
Progressive higher-ed behemoths will survive just fine without preferential tax rates. Source link
Business
NTT DC Reit launches biggest IPO of an S-Reit in over a decade, aims to raise US$773 million
The manager of NTT DC Reit said on Monday (Jul 7) that the real estate investment trust has launched its initial public offering (IPO)…
Business
‘Not perfect timing’: NTT DC Reit launches biggest S-Reit IPO in over a decade to raise US$773 million
The manager of NTT DC Reit believes the timing is “not perfect” for an initial public offering (IPO) as the market is still not stable.…
Business
‘No perfect timing’: NTT DC Reit launches biggest S-Reit IPO in over a decade to raise US$773 million
The manager of NTT DC Reit believes the timing is “not perfect” for an initial public offering (IPO) as the market is still not stable.…
Business
Cathay Cineplexes operator mm2 Asia to raise funds for debt repayment via proposed share placement
The announcement comes after the cinema chain received a S$3.4 million payment demand from the landlord of its shuttered Jem outlet Media…
Business
Time to raise bets on Malaysia semiconductor stocks on expected ‘market-friendly’ trade deal: UOBKH
Malaysian stocks could score near-term wins as the US’ “softening stance” on tariffs is expected to bring about market-friendly trade…
Lifestyle
Kenneth Cole, The Onion Collaborate on The Headline Collection to Raise Awareness for Mental Health
Kenneth Cole Productions and The Onion, the satirical news publication, have come together for The Headline Collection, a limited-edition…
Business
Reits and tech lead net institutional inflows; Frencken chair and DHLT CEO raise their stakes
Over the five trading sessions from Jun 20 to 26, institutions remained net sellers of Singapore stocks, with net institutional outflow of…
Business
Billionaire Richard Li’s FWD Group seeks to raise HK$3.47 billion in Hong Kong IPO
RER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion (S$565.3 million) through a Hong Kong initial public…