Leadership
IFA in Sinarmas Land offer defends valuation methods as ‘appropriate’ amid criticism
[SINGAPORE] W Capital Markets, the independent financial adviser (IFA) appointed by Sinarmas Land to opine on its privatisation offer by the Widjaja-family linked Lyon Investments, responded to criticisms by...
IFA stands its ground on valuations in Sinarmas Land offer; says methods used ‘appropriate’ and in line with practice
[SINGAPORE] W Capital Markets, which is advising Sinarmas Land’s independent directors on the Widjajas’ offer to privatise the company, insists its valuations of the group’s assets are “appropriate” and...
Stocks to watch: Sinarmas Land, Frasers Hospitality Trust, Procurri Corp
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (May 6).Sinarmas Land: W Capital, the independent financial advisor (IFA) appointed by Sinarmas...
Apple prices first bond offering in two years
[NEW YORK] Apple sold US$4.5 billion worth of bonds late on Monday (May 5), its first offering in two years, and said it plans to use proceeds to repurchase...
Citigroup CEO says most business clients can absorb 10% tariffs
Published Tue, May 6, 2025 · 07:00 AM[NEW YORK] Citigroup CEO Jane Fraser said on Monday most of the bank’s business clients could absorb US tariffs of 10 per...
Credit Suisse to pay US$511 million as part of agreement with US DOJ in tax evasion case
A CREDIT Suisse unit on Monday pleaded guilty to US charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than US$510 million, the US...
Oil ends at four-year lows as Opec+ accelerates output hikes
[NEW YORK] Oil fell by more than US$1 a barrel on Monday to settle at over four-year lows as an Opec+ decision to expedite its output hikes stoked fears about...
Europe: Stoxx 600 posts longest winning streak in nearly four years; focus on Fed, tariff updates
EUROPEAN shares extended their winning streak on Monday, with investors focusing on developments from the trade war alongside the US Federal Reserve’s policy meeting later this week.The pan-European Stoxx 600 index...
