Leadership
Perpetual in talks with KKR for corporate trust and wealth management unit sale
AUSTRALIA’S Perpetual has entered into exclusive talks with global investment firm KKR & Co for potential sale of its corporate trust and wealth management business, the financial services firm...
Singapore stocks decline at Monday’s open; STI down 0.3%
SINGAPORE shares fell at the opening bell on Monday (Apr 29) morning, despite gains in global markets as investors continue to look out for macroeconomic data. As at 9.01 am,...
Hot stock: Don Agro surges after plans to sell 92.3% group assets for 4.5 billion roubles
SHARES of Don Agro International surged in early trading on Monday (Apr 29) after the group announced that its wholly owned JSC Tetra is selling all stakes in four...
China firms go ‘underground’ on Russia payments as banks pull back
AN APPLIANCE maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the gadgets but because China’s big banks...
Hot stock: Seatrium up 5.6% on S$100 million share buyback programme
SEATRIUM’S shares rose 5.6 per cent amid heavy trading after announcing its plan to buy back up to a maximum of 2 per cent of its total issued shares...
Fading bets of early RBA cuts frustrate Albanese reelection plan
AUSTRALIAN Prime Minister Anthony Albanese faces a bumpy road to reelection with sticky inflation pushing back the timetable for interest-rate relief, raising the prospect of further financial stress for...
China could hinder BHP’s bid to become copper’s top producer
BHP Group’s US$39-billion bid to create a global copper giant risks irking its biggest customer China, where authorities have a history of intervening to stymie or water down international...
ST Engineering focuses on synergies from US$2.7 billion acquisition to reach greater heights
SINGAPORE Technologies Engineering (ST Engineering) : S63 0% is reaping the synergies from its acquisition of TransCore – its largest yet – after hitting its financial milestones for the...
