Temasek-backed investment firm 65 Equity Partners said it had invested S$100 million into precision manufacturer Hi-P International as a prelude for an eventual listing, most likely on the Singapore ...
China Aviation Oil (Singapore) (SGX:G92) Will Be Hoping To Turn Its Returns On Capital Around
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice ...
Singapore Says Fugitive Jho Low Still Wanted in 1MDB Case
Singapore authorities said it is still pursuing Malaysian fugitive Low Taek Jho in connection with a multibillion-dollar scandal related to 1Malaysia Development Bhd.
HSBC hires former UK politician to head new infrastructure unit
Britain's HSBC has set up a new unit to tap deals in infrastructure finance and project finance linked to the world's shift to a lower-carbon economy, and hired a former UK politician to lead it, a ...
Hard Numbers: Intuit’s mass layoff, Very expensive flip phone, AMD’s Finnish acquisition, Singapore’s millionaire class
Intuit, the company behind popular financial software Quickbooks and Turbotax, announced a mass layoff of 1,800 employees — about 10% of the company — with plans to rehire the same number with a ...
Aussie sun to power Singapore: 2671-mile undersea cable, world’s longest, approved
SunCable wins approval to develop the world's largest renewable energy project in Australia to power Darwin and Singapore.
Singapore real estate investment sales to hit up to S$25b this year
Investments are expected to gain momentum in H2 2024. According to Knight Frank, market sentiments continue to remain at muted levels as buyers and investors continue to wait for interest rates to ...
Ola Electric IPO: Valuation Likely To Be Set At $4.5 Bn
Ola Electric is reportedly likely to be valued at around $4.5 Bn for its upcoming IPO, a decline of 16-20% from its last funding round.
Singapore will keep pursuing 1MDB fugitive Jho Low, police say
The assets involved include artworks by Andy Warhol and Claude Monet, cash in bank accounts in Hong Kong, Switzerland and Singapore and properties in Singapore and elsewhere. Join ST's Telegram ... ( read original story ...)
Lessons from OCBC’s offer for Great Eastern: be unafraid to hold out, but do so with eyes open
MUCH has been said about what ails the local bourse and numerous suggestions have been put forward regarding how to inject vibrancy into Singapore’s stock market. Read more at The Business Times.
MAS seen loosening policy in October as disinflation stalls: UOB
Core inflation to start easing drastically in Q1 2025. Analysts expect normalization of Singapore's monetary policy via a slight slope reduction will only likely happen in October due to delayed ...
Tight financial conditions to weigh on GDP growth this year: UOB
Rate cuts could stimulate investment and boost consumption overseas. Tight financial conditions globally will continue to weigh on Singapore’s externally oriented sectors for the remainder of the year ...
HSBC launches new climate-focused infrastructure finance unit
Britain's HSBC has set up a new unit to tap deals in infrastructure finance and project finance linked to the world's shift to a lower-carbon economy, and hired a former UK politician to lead it, a ...
UOB Kay Hian raises CICT’s TP to $2.29 following continued enhancement of retail malls
Most notably, CICT’s has commenced its asset enhancement initiatives (AEI) at Level 1 of IMM Building, set for completion in 2025.
UOB remains positive on Vietnam’s economic growth prospects
VOV.VN - The recovery of external and domestic demand, as well as the manufacturing sector, have supported the Vietnamese economy to grow stronger than expected in the first half of 2024.
Declines in DBS, OCBC weigh on STI, which closes marginally down
SINGAPORE - The Straits Times Index (STI) closed at 3,487.91 on July 16, down 11.98 points or 0.3 per cent, as declines in the shares of DBS Bank and OCBC Bank weighed on the benchmark’s performance.