Culture
Frasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6
Payment for the scheme consideration to eligible securityholders is set to be made on or around Sep 30[SINGAPORE] Frasers Hospitality Trust (FHT) has received the court’s sanction for its...
TalkMed to delist from SGX on Sep 15
[SINGAPORE] Healthcare provider TalkMed announced on Thursday (Sep 11) that it will be delisted from the Singapore Exchange from 9 am on Sep 15.This follows confirmation from TW Troy...
Veteran banker sees Malaysia’s BNM keeping rates unchanged
[KUALA LUMPUR] A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting borrowing costs as current...
LHN extends rally, jumps 8.6% to record S$1.01 on SGX approval of proposed Coliwoo listing
[SINGAPORE] Shares of LHN advanced for a second day straight on Thursday (Sep 11) morning after its proposed spin-off of its co-living business received approval. It had ended Wednesday...
BlackRock gets US$10 billion financing for Aramco deal: sources
The majority of the financing is a seven-year loan facility, which could later be refinanced in the bond market[RIYADH] A group led by BlackRock’s Global Infrastructure Partners (GIP) unit...
US: S&P 500, Nasdaq hit record highs on boosted rate-cut bets
[NEW YORK] The S&P 500 and the Nasdaq hit intraday record highs at the open on Wednesday (Sep 10), after cooler-than-expected producer inflation data boosted bets on interest-rate cuts...
Centurion wins shareholder support for Reit listing plan
The Reit will accelerate the group’s growth and support sustainable capital recycling, says chief executive Kong Chee Min[SINGAPORE] Mainboard-listed Centurion Corp won overwhelming support at an extraordinary general meeting...
Alibaba mapping app steps into local business rankings, intensifying competition
[SHANGHAI] Alibaba’s mapping app Amap is moving away from its traditional focus on navigation and encroaching into rival Meituan’s local-lifestyle territory by launching its own ranking of restaurants, hotels...
China’s green tech firms pour billions into overseas factories
Industry giants, including Contemporary Amperex Technology, BYD and Trina Solar, have announced billions on overseas factories in more than 50 countries[HONG KONG] China’s world-leading solar, battery and electric vehicle...
US: Wall St opens slightly higher in run-up to employment revision figures
[NEW YORK] Wall Street indexes opened slightly higher on Tuesday (Sep 9), a day after closing near record peaks, as investors remained cautious ahead of an impending employment rate...
