Culture
Singapore stocks edge up at Monday’s open; STI up 0.1%
SINGAPORE shares opened slightly higher on Monday (Dec 16), in line with the narrow ranges that Asian equities traded ahead of a swath of Chinese data.As at 9.03 am,...
Stocks to watch: UOB, CapitaLand Investment
THE following companies saw new developments that may affect trading of their securities on Monday (Dec 16): UOB: Its head of group corporate banking Leong Yung Chee will replace chief...
CLI to acquire Australian credit investment manager Wingate for A$200 million
CAPITALAND Investment (CLI) is acquiring the property and corporate credit investment management business of Wingate Group in Australia for A$200 million (S$173 million), to expand its private credit business and portfolio in...
Catalist-listed SIAMH may have gone public before it was ready – MAS review group should figure out why
Can the enablers of public listings be incentivised to ensure that companies do not come to market without a credible growth story? When news broke earlier this month that...
Sim Leisure dreams of creating Asia’s theme parks of tomorrow
Founder and executive chairman Sim Choo Kheng’s hopes are for the company to be an operator that is ‘not necessarily the biggest, but the most successful in terms of...
KidZania Singapore operator Sim Leisure dreams of creating Asia’s theme parks of tomorrow
Founder and executive chairman Sim Choo Kheng’s hopes are for the company to be an operator that is ‘not necessarily the biggest, but the most successful in terms of...
TikTok hawks tapped for jobs contrast with Trump’s murky stance
SOME of the loudest US critics of TikTok are set to occupy senior roles in the next Trump administration, providing counterweights to the incoming president’s newfound openness to the...
Office property meltdown is starting to surface at US banks
SLUMPING office property values are rippling through US banks, with smaller lenders in particular ramping up the use of loan modifications in their commercial real estate books.
The typical bank...
US dollar set for best week in a month on cautious Fed outlook for 2025
The US dollar headed for its best weekly performance in a month on Friday (Dec 13), as investors priced in the possibility of the Federal Reserve cutting rates more...
US foreign investment panel split on Nippon-US Steel deal: FT
THE US Treasury has informed Japan’s Nippon Steel that the panel reviewing its proposed US$14.9 billion purchase of US Steel has not yet come to an agreement on how...
