Fashion
Brookfield in talks to buy Yes! Communities from Singapore’s GIC in US$10 billion deal, FT reports
Denver-based Yes! manages tens of thousands of factory-built affordable homes in the US[SINGAPORE] Brookfield Asset Management is in talks to acquire Yes! Communities from Singapore’s GIC in a deal...
SGX’s new index needs clear differentiators to avoid being ‘just another index’, say analysts
While it can raise the profile of larger non-STI stocks and attract fund products, analysts call for more clarity on criteria for inclusion[SINGAPORE] A new index due to be...
Politics drive investment divide in South-east Asia’s top markets
POLITICAL upheaval is driving a split in South-east Asia’s financial landscape, as investors bet that the worst may finally be over in Thailand but only just getting started in...
Blockchain billionaire emerges from Figure’s post-IPO surge
[NEW YORK] It took him a few tries, but Mike Cagney is now a billionaire.Shares of blockchain-based lender Figure Technology Solutions have soared almost 40 per cent since Thursday’s...
India tweaks IPO rules to allow easier listing for big firms
[MUMBAI] India’s securities market regulator on Friday (Sep 12) made it easier for very large private companies to go public in one of the world’s top destinations for first-time...
OpenAI to share 8% of its revenue with Microsoft, partners, The Information reports
[BENGALURU] OpenAI has projected that by the end of the decade it will be sharing about 8 per cent of its revenue with commercial partners, namely Microsoft, down from...
US penalises two Chinese companies that acquired tools for chipmaker SMIC
[NEW YORK] The US on Friday (Sep 12) penalised two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker Semiconductor Manufacturing International Corporation (SMIC), including them among...
Oil gains weighed down by US demand worries
[HOUSTON] Oil prices rose on Friday (Sep 12) after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about...
US: Nasdaq notches record high close, traders look to Fed meeting
[BENGALURU] The Nasdaq notched a record high close on Friday (Sep 12) in a mixed trading session, lifted by Microsoft as investors looked ahead to the Federal Reserve’s policy...
Gunvor hires Singapore specialists as it expands precious metals business into physical trading
[LONDON] Global commodity trading house Gunvor is expanding its precious metals business from trading derivatives into physical metal and has hired specialists in the London and Singapore trading hubs,...
