Culture
Europe: Shares end marginally lower as energy stocks drop
EUROPE’S Stoxx 600 closed slightly lower on Wednesday as energy stocks tracked lower crude oil prices, while Germany’s SAP slipped on news that the US is investigating the software...
Jefferies sees profit boost from strength in dealmaking activity
JEFFERIES Financial profit soared as a pickup in mergers and acquisitions (M&A) helped the firm notch a record, a sign the long-awaited rebound in dealmaking is taking hold.Fiscal third-quarter...
Boost market-making, broaden indices with bold moves, not incremental steps
THE Straits Times Index (STI) touched a 17-year high on Monday (Sep 23), hitting 3,638.54 points in intraday trading. Securities trading volume has been healthy lately, led by inflows...
Bold moves will support market makers and broaden indices, not incremental changes
THE Straits Times Index (STI) touched a 17-year high on Monday (Sep 23), hitting 3,638.54 points in intraday trading. Securities trading volume has been healthy lately, led by inflows...
Rolls-Royce sees demand for bespoke cars offsetting China slump
ROLLS-ROYCE Motor Cars’ chief executive officer said rising demand for personalised vehicles is helping the British luxury-car maker counter weakening sales in China.The luxury market in the world’s second-largest...
First Sponsor raises S$244 million from oversubscribed rights issue
It intends to use net proceeds to fund expansion plans, strengthen financial position and capital baseMAINBOARD-LISTED property developer First Sponsor Group on Wednesday (Sep 25) said it raised gross...
Global debt hits record US$312 trillion, climate finance a challenge, banking trade group says
Global debt hit a record high of US$312 trillion at the end of the second quarter, driven by borrowing in the United States and China, while a key debt...
US firm SI Group to shutter chemical manufacturing facility on Jurong Island
The company will continue supplying alkylphenol with other manufacturing facilities in Europe and the AmericasCHEMICALS company SI Group will close its alkylphenol manufacturing facility on Jurong Island in the second...
US: Wall St opens subdued as investors await Fed rate clues, data
Wall Street had a subdued start on Wednesday (Sep 25), with investors awaiting further indicators on the state of the economy and potential interest rate reductions, a week after...
Perennial opens four hotels at its S$1 billion Tianjin development
PERENNIAL marked the official opening of its hospitality cluster and the construction completion of its medical cluster at its transit-oriented development in Tianjin on Wednesday (Sep 25).The S$1 billion...
