Business
Time for OCBC to offload Great Eastern - The Business Times
The breathing room Great Eastern and OCBC now have to address the insurer’s free float stretches beyond the likely dates of their upcoming…
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Business
Industrial S-Reits’ operating performance remains resilient, with positive rental reversions in 2024 - The Business Times
Singapore real estate investment trusts (S-Reits) with industrial assets have delivered a resilient performance with continued positive…
News
Who Is Dylan Thomas? Reported Heir to Multi-Million Fortune Sentenced to Life After Fatally Stabbing Best Friend 37 Times
Dylan Thomas, 24, has been sentenced to life imprisonment for fatally stabbing his best friend, William Bush, 23, in Llandaff, Cardiff, on…
Business
JPMorgan’s investment banking chair to step down, memo shows - The Business Times
JPMorgan Chase’s global chair of investment banking and capital markets Kevin Willsey has informed the bank of his decision to retire at…
Business
Starbucks CEO made US$96 million in first four months on the job - The Business Times
Starbucks paid new chief executive officer Brian Niccol about US$96 million for four months of work last year, one of the biggest…
Business
Europe: Stoxx 600 slips from record highs amid rising yield pressure - The Business Times
European shares pulled back from its record highs and ended flat on Friday (Jan 24), weighed down by declines in the telecom and energy…
Business
Santosa, Kolonas families offer to privatise Japfa at S$0.62 per share - The Business Times
THE family members of Japfa’s founder are looking to take the agri-food company private by way of scheme of arrangement, for S$0.62 per…
Business
Great Eastern granted further extension to May 25 to explore options to return free float - The Business Times
GREAT Eastern now has until May 25 to explore options to comply with free float requirements under the Singapore Exchange’s (SGX) listing…
Business
Lian Beng’s Ong family offers to privatise SLB Development at S$0.23 per share - The Business Times
LIAN Beng Group’s board of directors – comprising the controlling Ong family – has proposed to acquire and privatise property developer…
Business
Wall Street enters darker age with most stock trading now hidden - The Business Times
HERE’S a surprising new fact about the world’s largest and most-liquid public equity market: Most of the activity on it is not public…
Business
Far East Orchard unit acquires additional stake in Woodlands Square for S$25 million - The Business Times
A UNIT of Far East Orchard (FEO) has acquired an additional stake in its commercial property in Woodlands for S$25 million. Woods Square,…
Business
Alfa Romeo and Jeep dealership in Singapore to close by June - The Business Times
CAPELLA Auto, the agent for Alfa Romeo and Jeep cars in Singapore, is winding up its business by June and will sell its remaining stock of…
Business
Chinese firms boost shareholder returns via dividends and buybacks - The Business Times
CHINESE firms are attracting investors with increased dividends and buybacks, spurred by a policy push for corporate governance reforms in…
Business
Grab contributed as much as 0.8% of Singapore GDP in 2023: report - The Business Times
RIDE-HAILING company Grab added S$5.2 billion to Singapore’s economy in 2023 through its on-demand services such as ride-hailing and…
Business
BYD plans to sell plug-in hybrids in Japan - The Business Times
CHINA’S BYD could start selling its first plug-in hybrid vehicle in Japan this year, the company said on Friday (Jan 24), as it aims to…
Business
Jack Ma-backed Ant Group unit Anext Bank appoints CEO-designate - The Business Times
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new…
Business
Tesla launches new Model Y in US, Canada, Europe weeks after China - The Business Times
ELON Musk’s Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States, Canada and Europe on…
Business
Analysts upgrade Frasers Centrepoint Trust to ‘buy’, citing its high retail portfolio occupancy - The Business Times
ANALYSTS have upgraded Frasers Centrepoint Trust (FCT) to a “buy” rating, citing its high retail portfolio occupancy and ongoing asset…
Business
LNG firm Venture Global gets US$1.75 billion in year’s biggest IPO - The Business Times
VENTURE Global raised US$1.75 billion in its initial public offering (IPO), pricing its shares in the middle of a marketed range. The…
Business
Hong Kong’s CKI is said to weigh sale of UK’s £4 billion Eversholt Rail - The Business Times
CK INFRASTRUCTURE (CKI) is evaluating options for Eversholt Rail, including a possible sale that may value the British rolling stock…
Business
Crypto’s richest man CZ turns venture capital firm into giant family office - The Business Times
ZHAO Changpeng “CZ”, a few months out of prison and worth US$70 billion thanks to the relentless crypto rally, is turning the former…
Business
No major impact from Johor data centres, US export ban: Keppel DC Reit manager - The Business Times
NEW data centres in Johor, Malaysia, and the US chip export ban are unlikely to have a big impact on Keppel DC Reit, said the manager on…
Business
Mitsubishi Motors considering not joining Nissan-Honda merger, Yomiuri says - The Business Times
MITSUBISHI Motors, a junior partner of Nissan Motor, is considering not joining a planned business merger between Nissan and Honda Motor,…
Business
JPMorgan boosts Jamie Dimon’s pay to US$39 million after record profit - The Business Times
JPMORGAN Chase lifted chief executive officer Jamie Dimon’s pay to US$39 million for 2024, a year in which the biggest US bank beat its…