Fashion
Oracle marches toward US$1 trillion club; tech stocks cheer
The stock’s gains also put co-founder Larry Ellison on course to beat Elon Musk as the world’s richest man[NEW YORK] Oracle’s shares rose on Thursday (Sep 11), adding to...
Latest Singapore six-month T-bill cut-off yield falls to 1.38%
Auction receives a total of S$15.7 billion in applications for the S$7.8 billion on offer, representing a bid-to-cover ratio of 2.02[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury...
Indonesian yield curve steepest since early 2023 on fiscal fears
Longer-dated rupiah bonds are also vulnerable to moves in US Treasuries due to the heavier concentration of global investors in those notes[SINGAPORE] The gap between yields of Indonesia’s short-...
DoorDash plans to test drone deliveries in San Francisco warehouse
Food delivery app DoorDash is setting its sights on a new destination to test out flying drone deliveries: San Francisco.The tech company leased a warehouse in the Mission District...
UOL sells Kinex mall for S$375 million
[SINGAPORE] Property developer UOL has entered into an agreement to sell Kinex, a retail mall, for US$375 million. The buyers of the freehold property are Kinex Times Square and...
mm2 Asia scraps stake sale; PE fund to take 29% of Vividthree stake in direct share deal instead
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23%[SINGAPORE] Vividthree Holdings will see private equity fund Hildrics Asia...
Deutsche Bank hires trio for Asia Pacific credit trading, sales
[HONG KONG] Deutsche Bank hired three for its Asia Pacific credit trading and sales desk, underscoring high demand for staff, as finance professionals shift among banks in the region.The...
Stocks to watch: Frasers Property, SingPost, HRnetGroup, LHN, Sim Leisure
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 10): Frasers Property : Its chief executive officer of emerging markets, Asia,...
Sim Leisure to receive compensation after settling theme park dispute with Bandar Malaysia
The theme park operator expects the compensation sum to have a material positive impact on its earnings for the current financial year[SINGAPORE] Theme park operator Sim Leisure Group has...
French wine production hit by summer heat waves and wildfires
Output is projected to be 37.4 million hectolitres, down from an August estimate of as much as 42.5 million hectolitres[PARIS] France expects 2025 wine production to drop below the...
