Culture
Stocks to watch: Keppel Infrastructure Trust, Raffles Medical, Amara, Koh Brothers Eco Engineering, SIA
The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 11): Keppel Infrastructure…
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Culture
Culture
Australia’s Qantas to close low-cost arm Jetstar Asia
RALIAN flag carrier Qantas said on Wednesday it will close Jetstar Asia, the group’s Singapore-based low-cost unit, in a bid to recycle up…
Culture
Blackstone plans US$500 billion Europe investment: CEO
BLACKSTONE is planning to invest as much as US$500 billion in Europe over the next 10 years, underlining the continent’s growing appeal to…
Culture
Netflix to invest 1 billion euros in Spain productions to 2029
streaming giant Netflix said on Tuesday (Jun 10) it was going to invest more than 1 billion euros (S$1.47 billion) in productions in…
Culture
US: Wall St muted at open as US-China trade talks in focus
Wall Street’s main indexes opened subdued on Tuesday (Jun 10) as investors awaited the outcome of ongoing trade talks between the United…
Culture
Raffles Medical partners Chongqing hospital to enhance healthcare services
[CHONGQING, CHINA] Raffles Medical Group has inked a strategic cooperation agreement with a hospital in Chongqing, China, to deepen…
Culture
Tencent Music to buy Chinese audio platform Ximalaya for US$2.4 billion
Ximalaya counts Tencent, Baidu and Sony Group’s music entertainment unit as backers Chinese music platform Tencent Music Entertainment…
Culture
Keppel Infrastructure Trust to divest 24.6% stake in Australian bus service business for A$130 million
Keppel Infrastructure Fund Management, the manager of Keppel Infrastructure Trust (KIT), is divesting a 24.6 per cent stake in an…
Culture
Societe Generale becomes first major bank to launch dollar-pegged stablecoin
France’s Societe Generale said on Tuesday (Jun 10) it plans to launch a publicly tradable, dollar-backed stablecoin through its digital…
Culture
Australia regulator trials faster IPO process as listings hit decade low
Australia’s securities regulator said on Tuesday (Jun 10) it would trial changes to speed up initial public offerings that are at a decade…
Culture
Singapore stocks snap 5-day winning streak on Tuesday; STI down 0.1%
Local stocks closed lower on Tuesday (Jun 10), ending five straight days of gains amid concerns that the US-China trade talks may not be…
Culture
Top India dealmakers earn 37% more than Singapore peers
Senior dealmakers in India are earning more than their counterparts in Singapore and Hong Kong, according to Bloomberg Intelligence, as…
Culture
Neo Group buys over bakery chain PrimaDeli’s operations for undisclosed sum
Caterer Neo Group has bought over the business operations of home-grown bakery chain PrimaDeli from Prima Food for an undisclosed sum.…
Culture
Thai tech services outlook remains positive amid recession fears: analyst
Maybank Securities has sounded a positive note for the outlook for the Thailand technology services sector, on the back of support from…
Culture
Elite UK Reit to acquire three UK government-leased assets for £9.2 million
The manager of Elite UK Real Estate Investment Trust (Reit) announced on Tuesday (Jun 10) that the Reit has entered into a conditional…
Culture
Jumbo ventures beyond chilli crab to bring famous Siji Minfu Peking duck chain to Singapore
Home-grown seafood restaurant group Jumbo has inked a joint venture with Chinese roast duck brand Siji Minfu to bring its signature Peking…
Culture
Australia shares close at record high
(SYDNEY) Australian shares logged a record close on Tuesday (Jun 10), with banks and energy stocks leading the charge, as renewed optimism…
Culture
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…
Culture
Asia: Markets extend gains as China-US talks head into second day
Asian stocks squeezed out more gains on Tuesday as the latest round of China-US trade talks moved into a second day, with one of Donald…
Culture
Grab denies reports of US$7 billion GoTo acquisition
SOUTHEAST Singapore-based ride-hailing and delivery company Grab said on Monday it was not in any talks on a potential deal with smaller…
Culture
Bank of Japan vows to keep raising rates if underlying inflation accelerates
Bank of Japan Governor Kazuo Ueda on Tuesday stressed anew the central bank’s readiness to keep raising interest rates if underlying…
Culture
Gold falls as traders watch US-China trade talks in London
GOLD declined on Tuesday as market participants awaited further developments from ongoing US-China trade talks in London, with…
Culture
Huawei chips are one generation behind US but firm is finding workarounds: CEO
Huawei Technologies’ chips are one generation behind those of US peers but the firm is finding ways to improve performance through methods…
Culture
China’s WeRide, Malaysia’s Causeway Link among firms bidding to run driverless public buses in S’pore
The local offshoot of Chinese self-driving technology company WeRide and a consortium led by Malaysian bus operator Handal Indah, also…