Leadership
Thakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’
The company holds an effective interest of 31.7 per cent in GemLife, a lifestyle resorts business in Australia[SINGAPORE] Mainboard-listed Thakral Corp’s associate GemLife has signed an underwriting agreement for...
Novo Nordisk overtakes SAP as Europe’s most valuable company
Published Fri, Jun 13, 2025 · 05:38 PM[COPENHAGEN] Novo Nordisk reclaimed its position as Europe’s most valuable public company, overtaking software developer SAP. Shares in the Danish drugmaker climbed as...
Meta finalises investment in Scale AI, valuing startup at US$29 billion
META Platforms has finalised an investment in Scale AI that values the startup at over US$29 billion, Scale AI said on Thursday.Two sources familiar with the matter said that...
Stocks to watch: SIA, Boustead
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 13).Singapore Airlines (SIA): An Air India plane bound for London crashed moments...
Oil settles lower as traders gauge Middle East tensions
[NEW YORK] Oil prices settled slightly lower on Thursday as traders booked profits from a 4 per cent rally in the prior session, driven by concerns that worsening tensions in the...
Europe: Shares drop as trade optimism wanes, geopolitical tensions rise
EUROPEAN equities logged their fourth consecutive decline on Thursday as trade optimism dimmed, while mounting geopolitical tensions prompted a pullback from risk assets.The pan-European Stoxx 600 closed 0.33 per cent lower...
SGX securities turnover rises 1% in May, volume down 18%
[SINGAPORE] The total securities market turnover value on the Singapore Exchange (SGX) edged up 1 per cent year on year to S$26.9 billion, supported by institutional hedging activity and...
China stocks soar on AI, trade hopes. Who are the country’s ‘Terrific Ten’ firms?
[SINGAPORE] Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial intelligence (AI) and US President Donald Trump’s trade tariffs. The...
