Leadership
Positive economic figures from China, Japan lift regional markets; STI up 0.9%
SINGAPORE shares rose on Thursday (Aug 15) amid strong retail sales and gross domestic product data from China and Japan, respectively. The benchmark Straits Times Index (STI) rose 0.9...
Global rush for Thai debt may cool on BOT policy, political risk
Foreign investors may start shying away from Thailand’s sovereign bonds as the prospect of a tighter monetary policy compared with peers and rising political risk in the country reduces...
Malaysia’s minimart chain 99 Speed Mart launches biggest IPO in 7 years
[KUALA LUMPUR] Convenience store chain operator 99 Speed Mart Retail launched Malaysia’s biggest initial public offering (IPO) in seven years, which is expected to raise up to RM2.36 billion...
Malaysia’s 99 Speed Mart unveils RM2.4 billion IPO, the country’s biggest in 7 years
[KUALA LUMPUR] Major mini-market chain operator 99 Speed Mart Retail on Thursday (Aug 15) launched Malaysia’s biggest initial public offering (IPO) in seven years.It expects to raise up to...
Britain to trial use of drones in deliveries, emergency services
BRITAIN’S aviation regulator has selected six projects, including one by e-commerce giant Amazon, to test the use of drones in deliveries, inspection of infrastructure and emergency services, it said...
Berkshire invests in Ulta Beauty, Heico as it retreats from Apple
WARREN Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the second quarter when it also nearly halved its huge stake...
Temasek spent billions on US tech stocks before July sell-off
SINGAPOREAN state-owned investor Temasek Holdings spent billions of US dollars in the second quarter buying shares in US technology giants, just before the sector dropped in July.Temasek increased the...
Singtel Q1 net profit up 42.9% to S$690 million on exceptional gain
SINGTEL reported on Thursday (Aug 15) that its net profit for the first quarter ended Jun 30, rose 42.9 per cent to S$690 million, from S$483 million in the...
