Business
Clearbridge Health raises S$1.98 million in placement backed by Azure Capital
Clearbridge Health has raised S$1.98 million in a placement backed by Singapore fund manager Azure Capital, among other investors, amid…
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raises
Business
Insurer Aviva raises dividend after jump in half-year profit
British insurer Aviva raised its interim dividend on Thursday (Aug 14) after reporting a 22 per cent jump in half-year operating profit,…
Business
SingPost’s sale of its Australia business raises questions about its long-term strategic direction
At Singapore Post’s (SingPost) annual general meeting (AGM) on Jul 23, its outgoing chairman Simon Israel hailed the divestment of the…
Business
Expedia raises gross bookings, revenue growth forecasts amid US travel demand recovery
EXPEDIA raised its annual forecast for gross bookings and revenue growth on Thursday, amid a recovery of demand in the United States,…
Business
Keppel raises S$6.3 billion in private funds for education and data centre assets
Keppel has secured S$6.3 billion in funds under management so far this year for its private fund strategies, including education assets…
Business
Disney tops earnings forecasts with streaming gains, raises guidance
Walt Disney posted better-than-expected results for April through June and raised its full-year earnings guidance on Wednesday (Aug 6) as…
Business
Wee Hur jumps 6.5% to record high as Australia raises cap on foreign students
Shares of student accommodation operator Wee Hur hit an all-time high on Wednesday (Aug 6), following news that Australia will lift its…
Unsorted
Mysterious Orange Shape Spotted Near Jeffrey Epstein's Prison Cell Night Before His Death Raises Fresh Questions on His Nature of Death
Surveillance footage captured an orange shape near Jeffrey Epstein's prison cell on the night he died — and forensic specialists are now…
Business
Rolls-Royce raises profit and cash flow outlook after strong H1
British aero-engineer Rolls-Royce raised its full-year outlook for both operating profit and free cash flow on Thursday (Jul 31) after it…
Business
Cameroon cocoa boom raises deforestation fears
Cameroon is emerging as a new frontier for cocoa production, raising concerns about cocoa-driven deforestation, according to…
Business
JPMorgan raises STI target, upgrades real estate sector
Analysts from JPMorgan raised their target on the Straits Times Index (STI), with a higher base and bull target of 4,500 and 5,000,…
Business
Aims Financial Group raises stake in Aims Apac Reit to 18.7%
The units were acquired from substantial unitholder, ESR HK Management, which is part of ESR Group Aims Financial Group raised its stake…
Business
eSIM platform Airalo raises US$220 million in new funding round, lifts valuation past US$1 billion
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC eSIM platform Airalo has raised US$220…
Business
Goldman Sachs raises S&P 500 return forecasts
Goldman Sachs has raised its three-, six- and 12-month S&P 500 return forecasts, citing expectations of earlier and deeper US interest…
Business
Asian Stocks Decline as Tariff Confusion Mounts and OPEC+ Raises Oil Output
Stocks in Asia fell on Monday. Japan's Nikkei slid 0.5%, Chinese blue chips dived 0.5%, and the MSCI Asia-Pacific index outside Japan lost…
Business
OPEC+ further raises output in August
A view of the OPEC pavilion on the COP28 grounds. Hannes P Albert/dpa The core group of OPEC+ oil cartel members is increasing production…
Business
China raises quota for foreign investment, ending 13-month pause
The QDII programme allows local institutional investors who meet certain conditions to buy foreign securities, bonds, and commodities…
Business
AEM raises H1 FY2025 revenue guidance to up to S$195 million on pull-in of customer orders
It will provide guidance for the second half of the year when it reports its earnings on Aug 13 Semiconductor test solutions provider AEM…
Business
Investment firm PAG raises 3.1 billion yuan in first yuan-denominated buyout fund: sources
Asia-focused investment firm PAG has raised 3.1 billion yuan (S$553 million) at the first close of its inaugural yuan-denominated buyout…
Business
BlackBerry raises annual revenue forecast on robust demand for cybersecurity services
The Waterloo-based company’s expects revenue between US$234 million and US$244 million for the unit, from its prior forecast of US$230…
Business
Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets
A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to…
News
Indian family mourns fatal Uber crash, raises questions about global ride-hailing safety
On a day typically reserved for celebrating fathers, an Indian family from Noida is grieving the loss of theirs — the result of what they…
Business
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
News
The Abrego Garcia Indictment Raises More Questions Than It Answers
And even if he is convicted, the Trump administration’s core problem remains: He cannot lawfully be deported to El Salvador unless a 2019…