Leadership
US: Wall Street edges higher at the open as investors await Fed
THE S&P 500 and the Nasdaq opened higher on Monday (Dec 16), while the Dow was little changed, as investors looked ahead to an anticipated Federal Reserve interest rate...
Lamborghini delays first EV launch to 2029 as market not ready
ITALY’S Lamborghini will always make cars in Italy as it plans to launch its first electric model only in 2029, amid a market for luxury sports cars which is...
SIA Group’s passenger traffic up 8.3% in November
PASSENGER traffic for the two carriers under the Singapore Airlines (SIA) Group was 8.3 per cent higher in November 2024 compared with the same period a year ago, according...
Grab’s big quarter has some analysts seeing further stock gains
There are more gains to come in Grab Holdings’ stock after a 35 per cent surge so far this quarter, according to some analysts.The ride-hailing and delivery firm will...
Allianz confirms withdrawal of offer for Income Insurance
ALLIANZ said it has withdrawn its pre-conditional offer to buy at least 51 per cent of the shares in Income Insurance. “We respect the Singapore government’s decision,” Renate Wagner,...
CLI to acquire Australian credit investment manager Wingate for A$200 million
CAPITALAND Investment (CLI) is acquiring the property and corporate credit investment management business of Wingate Group in Australia for A$200 million (S$173 million), to expand its private credit business and portfolio in...
HSBC sued by Australian regulator for bank scam loss failures
AUSTRALIA’S markets watchdog sued HSBC Bank of Australia for failing to protect customers who lost millions of US dollars in scams.
HSBC received about 950 reports of unauthorised transactions...
Catalist-listed SIAMH may have gone public before it was ready – MAS review group should figure out why
Can the enablers of public listings be incentivised to ensure that companies do not come to market without a credible growth story? When news broke earlier this month that...
