Leadership
Thakral’s associate GemLife in advanced talks to IPO on Australian exchange via stapled securities
There is still no assurance or certainty that the proposed IPO would proceed and close successfully, says the company[SINGAPORE] Property investor Thakral Corp’s associate GemLife is considering an initial...
Singapore stocks rise post Trump-Xi talks; STI up 0.4%
Across the broader market, gainers beat losers 266 to 205 as 849.5 million securities worth S$1.1 billion change hands.[SINGAPORE] The local bourse ended Friday (Jun 6) in a positive...
Gold could test US$4,000 an ounce amid fiscal fears, escalating trade tensions: market watchers
[SINGAPORE] While gold has cemented itself above US$3,000 an ounce in 2025 amid trade uncertainty and US fiscal fears, a bullish forecast could see US$4,000 an ounce within a...
Cordlife collection rates have not recovered to pre-incident levels, but resumption of Singapore operations are ‘encouraging’
[SINGAPORE] Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining operational momentum, even though collection rates remain below...
Asia: Markets wobble as Trump-Xi talks offset by Musk row
[HONG KONG] Asian markets stuttered on Friday as optimism from “very positive” talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between...
Sats proposes sale of 49% stake in holding company to Swiss airline caterer for 4.2 million euros
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says[SINGAPORE] Ground handler Sats is proposing to divest 509,600 ordinary shares or around 49 per...
Amazon cuts more jobs, this time in books division
Published Fri, Jun 6, 2025 · 09:13 AM[SAN FRANCISCO] Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said...
Stocks to watch: OCBC, Keppel DC Reit, Jardine C&C, NetLink NBN Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 6).OCBC: The bank has made a S$0.9 billion conditional exit offer at S$30.15...
Great Eastern seeks to delist with new OCBC exit offer of S$30.15 per share
[SINGAPORE] OCBC has made a S$900 million conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in a bid...
Europe: Shares inch up as Lagarde’s remarks offset ECB rate cut
EUROPEAN equities see-sawed on Thursday, ultimately eking out gains after the European Central Bank’s President Christine Lagarde’s more hawkish commentary overshadowed a widely expected rate cut.The pan-European Stoxx 600, which was initially in...