Business
Stocks to watch: Keppel, CapitaLand Ascendas Reit, YZJ Financial, KIT, Boustead, Cordlife
The following companies saw new developments that may affect trading of its securities on Tuesday (Apr 1). Keppel: The global asset…
Section
Business
Business
US judge rejects J&J’s US$10 billion baby powder settlement
A US bankruptcy judge on Monday rejected Johnson & Johnson’s US$10 billion proposal to end lawsuits alleging that its baby powder and…
Business
GlobalFoundries, Taiwanese chipmaker UMC consider merger: sources
TAIWAN’S major chipmaker United Microelectronics and US-based GlobalFoundries are looking into the possibility of a merger, two sources…
Business
Musk’s XAI deal offers unexpected win for X investors
Elon Musk just acquired the social network formerly known as Twitter for the second time in three years. Musk, the world’s richest person,…
Business
OpenAI to raise US$40 billion in SoftBank-led new funding
OPENAI said on Monday it would raise US$40 billion in a new funding round led by SoftBank Group at a US$300 billion valuation to advance…
Business
OpenAI finalises US$40 billion funding at US$300 billion value
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalised a funding round that will bring in US$40 billion from…
Business
US: Stocks mixed as traders shake off tariff uncertainty
US stocks shook off some early gloom about Donald Trump’s imminent tariff announcement to close mixed on Monday, with the S&P 500 bouncing…
Business
Iran's Revolutionary Guard Officers Accused Of Stealing $21 Million In Crypto While Investigating A Corruption Case
Senior officers from Iran’s Revolutionary Guard have been accused of pilfering approximately $21 million in cryptocurrency while…
Business
DBS, UOB, OCBC chiefs’ salary packages still lag global peers
The trio of local banks on the STI are smaller in terms of revenue, but appear to be making their money work harder Piyush Gupta, who on…
Business
Privatisation on the horizon for S-Reits with low liquidity, mostly overseas assets
Observers say higher-for-longer interest rates might make highly under-valued Reits more attractive for privatisation The Singapore real…
Business
Interactive: The Straits Times Index - Race to 4,000 points
The benchmark Straits Times Index (STI) has been on a tear in the past year or so, with multiple sessions ending in new all-time highs. On…
Business
Renault, Nissan further loosen ties to support Japanese firm's turnaround
Automakers Renault and Nissan said on Monday (Mar 31) they had agreed to further amend their two-decade-old partnership to allow for a…
Business
More funds and products expected, as market awaits details about Singapore’s S$5 billion equities push
Analysts see MAS’ initiative as positive step, but add that factors such as investor protection and governance, proper understanding of…
Business
US: Wall Street opens sharply lower on tariff worries
US stock indexes opened sharply lower on Monday (Mar 31) as investors shied away from risky assets on mounting concerns that the Trump…
Business
Germany's DHL to acquire US pharma logistics firm Cryopdp
This is part of the German company’s efforts to grow its operations in the pharma sector [DUSSELDORF, Germany] DHL said on Monday (Mar 31)…
Business
ECB’s Lagarde says keeping inflation in check is a ‘constant battle’
President Christine Lagarde said that the European Central Bank can’t relent on inflation, with the US administration’s trade policy…
Business
Japan's Nikkei closes near 8-month low on US tariff jitters
Japan’s Nikkei share average closed near an eight-month low on Monday (Mar 31), following sharp losses on Wall Street in the previous…
Business
Granite Asia, PE firm form US$100 million JV targeting Japan expansion opportunities
For companies aiming to enter the Japanese market, the JV will help them navigate the country’s regulatory landscape and business…
Business
Stock slump deepens, bonds rise as traders de-risk
Global stocks sold off for a fourth day ahead of US President Donald Trump unveiling a fresh round of tariffs... Source link
Business
Temasek, GIC are said to buy Novotech stake in deal with TPG
Temasek and GIC will acquire a significant stake in Novotech to fuel growth and accelerate acquisitions for the clinical research and…
Business
Chinese stocks power ahead of emerging peers amid AI frenzy
Gains in Chinese stocks have typically filtered through to bolster their emerging-market counterparts – not this time. Mainland equities…
Business
Stocks Sink as Trump’s Tariff Threats Weigh on Confidence
Stocks in Asia tumbled Monday as investors braced for a week of market tumult caused by an expected announcement of more tariffs by…
Business
BOC Aviation buys 120 single-aisle jets from Airbus, Boeing
Aircraft lessor BOC Aviation will buy 120 Airbus and Boeing single-aisle jets, in its single-largest aircraft purchase, as it bolsters its…
Business
Temasek-backed 65 Equity Partners makes Europe foray with Swiss pharma merger
Asset manager 65 Equity Partners is backing Swiss pharmaceutical ingredient maker Healthcare Advanced Synthesis’ (HAS) acquisition of…