Posts by Riah Marton
KKR launches 558.4 billion yen tender offer for Japan’s Fuji Soft
US PRIVATE equity firm KKR will launch a tender offer for Japan’s Fuji Soft, the companies said on Thursday (Aug 8), in a 558.4 billion yen (S$5.1 billion) deal to take the software developer private. KKR will offer 8,800 yen for shares in Fuji Soft, the companies said in separate statements. Fuji Soft would be…
Read MoreDeliveroo orders grow as demand picks up across markets
DELIVEROO said the value of customer orders grew in the first half and that earnings for the year will be on the higher end of its forecast after demand rose at the UK food delivery platform. Gross transaction value rose 6 per cent at constant currencies from a year earlier to £3.69 billion (S$6.2 billion),…
Read MoreTatiana Kuriachaia: Nurturing Talent and Innovation in Singapore’s Fintech Ecosystem
Explore the dynamic world of Singapore’s fintech ecosystem, led by Tatiana Kuriachaia’s pioneering vision. Delve into the various initiatives she has developed, promoting revolutionary concepts, and adapting to the evolving regulatory landscape. Uncover her roles in nurturing aspiring innovators and collaborating with industry leaders. Tatiana Kuriachaia: A Leader in Singapore’s Fintech EcosystemTatiana Kuriachaia has emerged…
Read MoreKeto Real Launches New Podcast to Change the Keto Lifestyle in Dubai
Keto Real launches a podcast to simplify and inspire the keto lifestyle for all. Dubai-based brand Keto Real, created by Marco D’Arrò, announced the launch of its podcast. The idea is to bring a Keto way of life to the public. Famous for tasty and healthy keto treats, Keto Real expands its outreach with a…
Read MoreAllianz Q2 net profit up better-than-expected 7.5%; affirms targets
GERMANY’S Allianz on Thursday posted a better-than-expected 7.5 per cent rise in second-quarter net profit and said it was on track to meet its full-year target. The insurer said that strength at its property and casualty business balanced out claims resulting from natural catastrophes. Net profit attributable to shareholders of 2.513 billion euros (S$3.64 billion)…
Read MoreSGX derivatives volume rises 15% in July
DERIVATIVES traded volume on the Singapore Exchange (SGX) rose 15 per cent year on year to 23.5 million contracts in July as activity surged in the group’s marketplaces across asset classes. In an update on its market statistics for July 2024 released Thursday (Aug 8), SGX said the higher derivatives volume came as global investors…
Read MoreColin Farrell Details Son James’ Battle With Rare Neurogenetic Disorder – E! Online
“Once your child turns 21, they’re kind of on their own,” Colin said. “All the safeguards that are put in place, special ed classes—that all goes away. So, you’re left with a young adult who should be an integrated part of our modern society and more often than not is left behind.” To that end, the 48-year-old has launched…
Read MoreSingapore shares open lower on Thursday after DBS appoints CEO successor; STI down 0.2%
SINGAPORE equities retreated on Thursday (Aug 8), following DBS’ announcement of Tan Su Shan as deputy CEO, in addition to her present role as group head of institutional banking. She will succeed Piyush Gupta as CEO when he retires at the next annual general meeting on Mar 28, 2025. As at 9.01 am, the Straits…
Read MoreSingapore shares open lower on Thursday as DBS weakens; STI down 0.2%
SINGAPORE equities retreated on Thursday (Aug 8) as shares of DBS declined, after the bank announced its chief executive Piyush Gupta would be stepping down upon retiring at the next annual general meeting on Mar 28, 2025. Jefferies analysts commented that the announcement is expected to trigger “a modestly negative” initial share price reaction given…
Read MoreSGX H2 profit up 10.5% to S$316.3 million; proposes Q4 dividend of S$0.09 per share
THE Singapore Exchange’s (SGX) net profit for the second half ended June 2024 rose 10.5 per cent to S$316.3 million, from S$286.3 million a year prior. Earnings per share (EPS) for the half-year period stood at S$0.296, up from S$0.268 for H2 FY2023. Its board has proposed a final quarterly dividend of S$0.09 per share,…
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