Business
Chinese firms sell record amount of currency options in first half of 2025
Broad US dollar weakness has underpinned the renminbi, but domestic economic weakness and lingering trade uncertainty with the US have…
Tag
Sell
Business
Emerging market funds adjust bets as ‘sell the dollar’ trade loses appeal
THE US dollar’s bounceback in July is convincing some emerging market investors to bet that it will keep rising in coming months. T Rowe…
Business
UOBKH calls a ‘sell’ on SIA, lowers target price after significantly weaker Q1 earnings
UOB Kay Hian (UOBKH) equity analyst Roy Chen downgraded his rating on Singapore Airlines (SIA) to “sell”, with a reduced target price of…
Business
CapitaLand Ascott Trust to sell Citadines Central Shinjuku Tokyo for S$222.7 million by Q4 2025
CapitaLand Ascott Trust (Clas) is proposing to divest Citadines Central Shinjuku Tokyo for S$222.7 million, with the transaction expected…
Business
Ermenegildo Zegna Group Inks Agreement to Sell Stake to Temasek
MILAN – Capitalizing on the momentum of its brands, the Ermenegildo Zegna Group is welcoming a new partner. Zegna has inked an agreement…
Business
McDonald’s to sell eight Hong Kong retail spaces valued at HK$1.2 billion: JLL
The sale of the eight retail properties is offered through a public tender that ends on Sep 16 McDonald’s is planning to sell eight prime…
Business
BP to sell onshore wind business in US
BP is seeking to cut cleaner energy investment by more than US$5 billion annually said on Friday (Jul 18) it had agreed to sell its…
Business
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager
ST Engineering is expected to get a one-off gain of around S$80 million from the proposed sale ST Engineering’s wholly owned subsidiary,…
Business
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager Seraya Partners
ST Engineering’s wholly owned subsidiary, ST Engineering Urban Solutions, has entered into an agreement with SP Group to divest their…
Business
China lenders rush to sell riskiest debt to catch low yields
Chinese authorities have pushed through the mergers of hundreds of smaller, mostly rural banks, while the larger behemoths are struggling…
Business
Nissan to sell 150 billion yen convertible bonds for recovery
Nissan Motor plans to sell 150 billion yen (S$1.3 billion) of convertible bonds to help fund new chief executive officer Ivan Espinosa’s…
Business
Unnamed AIA Group shareholder is said to sell US$3.4 billion stake
An undisclosed AIA Group shareholder sold a HK$26.8 billion (S$4.4 billion) stake in the insurer via block trades, according to people…
Business
Unnamed AIA Group shareholder is said to sell HK$26.8 billion stake
An undisclosed AIA Group shareholder sold a HK$26.8 billion (S$4.4 billion) stake in the insurer via block trades, according to people…
Business
Nvidia insiders sell over US$1 billion in stock amid market surge
The chipmaker’s stock hit a record on Jun 25, and it reclaimed the crown as the world’s most valuable company IA insiders sold over US$1…
Business
Asian Markets Sell Off as Middle East Tensions Spike and Oil Prices Surge
Asian traders woke to a nervous open on Friday after oil surged and Wall Street futures sank following reports that Israel had carried out…
Fashion
Shein and Reliance aim to sell India-made clothes abroad within a year, sources say
[MUMBAI/LONDON] Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas…
Fashion
Shein and Reliance reportedly aim to sell India-made clothes abroad within a year
[MUMBAI/LONDON] Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas…
Business
mm2 Asia to sell 21.02% of its stake in subsidiary Vividthree to PE fund for S$1.7 million
Mainboard-listed media company mm2 Asia on Wednesday (May 28) entered into a sale and purchase agreement with private equity fund Hildrics…
Business
UBS to sell hedge fund unit O’Connor to Cantor Fitzgerald
The deal includes “O’Connor’s six investment strategies” with about US$11 billion in assets under management Group’s asset management…
Business
Exxon enters talks to sell French business for 400 million euros
ExxonMobil entered exclusive talks to sell its entire 82.89 per cent stake in French unit Esso SAF, including a key refinery, to North…
Business
Maybank downgrades Malaysia’s Tan Chong Motor to ‘sell’ amid widening losses, competition
Maybank Investment Bank has downgraded Malaysia’s Tan Chong Motor (TCM) to “sell”, from “hold” previously, amid widening losses, weak…
Fashion
Kerry Taylor Auctions to Sell Marianne Faithfull’s Chanel Jacket, Zandra Rhodes’ Princess Diana Dress
LONDON — Kerry Taylor Auctions is set to sell clothing from the closets of two leading ladies of London culture — Marianne Faithfull, the…
Business
OnlyFans owner in talks to sell to investor group at about US$8 billion value: sources
OnlyFans owner Fenix International is in talks to sell the porn-driven company to an investor group at a valuation of around US$8 billion,…
Business
Time’s not ripe for SingPost to sell its flagship building
The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest…