Leadership
Europe: Stocks hit one-week highs on Middle East ceasefire
[BENGALURU] European stocks soared on Tuesday (Jun 24), buoyed by a ceasefire between Israel and Iran, while a slump in oil prices dragged energy stocks lower.The pan-European Stoxx 600...
Frasers Centrepoint Trust prices S$200 million perpetual securities at 3.98%
[SINGAPORE] Frasers Centrepoint Trust’s (FCT) trustee HSBC Institutional Trust Services has priced S$200 million subordinated perpetual securities at 3.98 per cent under its S$3 billion multicurrency debt issuance programme....
Finding opportunities in disclosures
[SINGAPORE] Sustainability and climate reporting continue to face widespread resistance among businesses – many of which do not view these issues as material or consistent with business objectives. But...
Three Arrows founders fail in appeal for orders to disclose crypto fund dealings to be set aside
[SINGAPORE] The Court of Appeal on Tuesday (Jun 24) dismissed an application by the founders of Three Arrows Capital (3AC) to set aside orders requiring them to disclose their...
Toyota crashes Indonesia’s used-car party with US$120 million bet
[JAKARTA] It’s an alliance everyone saw coming.After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for the country’s used-car market. The Japanese automaker shelled out US$120 million...
Stocks to watch: OCBC, Lum Chang, Suntec Reit, Acrophyte Hospitality Trust, Stoneweg Europe Stapled Trust, ICP
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jun 24): OCBC: The lender on Monday said it has no intention to convert...
Nissan’s new CEO faces investor grilling over job cuts, losses and mounting debt
NISSAN Motor chief executive officer Ivan Espinosa’s first shareholder meeting will be overshadowed by tough questions over tariffs, funding and a mid-term plan to turn around the struggling Japanese...