Leadership
US: Wall St opens lower after hot payrolls data stokes rate cut worries
WALL Street’s main indexes opened lower on Friday (Jan 10) after a better-than-expected jobs report fanned expectations that the Federal Reserve will take a measured approach to monetary policy...
How the Fed will help Singapore Reits outshine banks
SINGAPORE property owners have spent a long time languishing in the shadow of the chart-topping performance of the island’s banks. But with US Federal Reserve chairman Jerome Powell signalling the start...
Mercedes-Benz car sales drop as China, EV slump take toll
MERCEDES-Benz Group car sales dipped last year as the German luxury-auto maker struggled with weak demand for pricey models in China and electric vehicles in Europe.
The 3 per...
SGX securities turnover value up 5% in December despite lower market volume
THE total securities market turnover value on the Singapore Exchange (SGX) climbed 5 per cent on the year to S$20 billion in December, the bourse operator’s monthly market statistics report...
S&P assigns ‘BBB-’ rating for Stoneweg European Reit on stable outlook
S&P Global Ratings has assigned Stoneweg European Real Estate Investment Trust (Stoneweg E-Reit) a ‘BBB-’ long-term issuer credit rating, as it expects the trust to deliver stable operational performance...
Apollo weighs 1.5 trillion yen stake in Seven & i management buyout
APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese convenience store operator private, sources familiar...
Nvidia slams Biden for trying to ‘pre-empt’ Trump with chip rules
NVIDIA criticised new chip export restrictions that are expected to be announced soon, saying the White House was trying to undercut the incoming Trump administration by imposing last-minute rules.The...
Private lenders set to take over Alacrity in debt restructuring
DIRECT lenders including Antares Capital, Blue Owl Capital and KKR are preparing to take over insurance claims manager Alacrity Solutions, the latest restructuring in the private credit market, according...
