Leadership
Blackstone weighs US$2 billion sale of gas explorer Olympus
BLACKSTONE is exploring a sale of Olympus Energy, a natural gas explorer in the Appalachian region that could be valued at up to US$2 billion, according to sources familiar...
Nokia to gain unconditional EU nod for US$2.3 billion Infinera deal: sources
The European Commission is scheduled to finish its preliminary review of the deal by Feb 26NOKIA is set to secure unconditional EU antitrust clearance for its US$2.3 billion acquisition...
Oil settles lower, supply worries ease on hopes for Ukraine peace deal
OIL prices settled down on Friday (Feb 14) on prospects for a peace deal between Russia and Ukraine that could ease global supply disruptions by ending sanctions against Moscow,...
Nvidia cuts stake in Arm Holdings, discloses position in China’s WeRide
NVIDIA reduced its stake in British chip firm Arm Holdings by about 44 per cent and exited its holdings in Serve Robotics and SoundHound AI in the fourth quarter,...
Singapore video game company’s Nasdaq listing values it at US$1.2 billion
Grand Centrex Limited (GCL) aims to eventually build a sizeable game studio in Singapore, capable of producing blockbustersVIDEO game distributor and publisher Grand Centrex Limited (GCL) has come a...
SIA Engineering Q3 net profit up 19.7% to S$38.2 million
SIA Engineering (SIAEC) reported that its net profit for the third quarter ended Dec 31, 2024, increased 42 per cent to S$38.2 million, compared with the same period in...
Paragon Reit appoints PrimePartners as IFA for privatisation offer
PARAGON Real Estate Investment Trust (Reit) has appointed PrimePartners Corporate Finance as the independent financial adviser (IFA) for its privatisation offer, said the board via a bourse filing on...
Singapore shares buck regional trend; STI slides 0.1%
SINGAPORE shares ended in the red on Friday (Feb 14), after hitting a record high earlier in the week.The benchmark Straits Times Index (STI) fell 0.1 per cent or...
Geopolitical concerns add to woes for pre-IPO activity, M&As for Chinese companies
GROWING geopolitical concerns from the trade tensions between the US and China are compounding an already-cautious outlook among investors on pre-listing activities and mergers and acquisitions (M&A) involving Chinese...
