Lifestyle
BlackRock in talks with Ambani for India private-credit venture
BLACKROCK, the world’s largest asset manager, is in talks with billionaire Mukesh Ambani’s Jio Financial Services to set up a private-credit venture, aiming to tap the expanding direct lending...
Parkway Life Reit posts 2.8% higher Q3 DPU of S$0.1130
PARKWAY Life Reit on Wednesday (Oct 16) reported a 2.8 per cent rise in distribution per unit (DPU) to S$0.1130 for the third quarter of 2024, up from S$0.1099...
KKR to launch sale of Goodpack in deal estimated at US$1.8 billion: sources
KKR is set to launch the sale of Singapore-based Goodpack in a deal that could value the provider of shipping containers and logistics services at around US$1.8 billion, people...
Global fund managers pare India allocation in favour of China: BofA survey
GLOBAL fund managers increased their allocation to China at India’s expense after Asia’s largest economy unleashed a stimulus package, according to a survey conducted by BofA Securities.
Last Saturday, China...
Bill Hwang’s sentencing in Archegos case postponed to November
ARCHEGOS Capital Management founder Bill Hwang’s sentencing on fraud charges was postponed from the end of the month to Nov 20.Hwang and former Archegos chief financial officer Patrick Halligan...
ASML cuts forecasts in Q3 earnings published early; shares fall
COMPUTER chip equipment maker ASML reported on Tuesday (Oct 15) third-quarter earnings that surprised markets with weak bookings and lower than expected sales forecasts for 2025, sending the company’s...
Food Innovators’ IPO fully subscribed, public offer 6.3 times subscribed
In total, the private placement and public tranches have a subscription rate of 1.4 times.THE initial public offering of Japanese food and beverage (F&B) operator Food Innovators Holdings (FIH)...
Straits Trading Company sets up S$55 million multicurrency debt issuance programme
THE Straits Trading Company (STX) on Tuesday (Oct 15) announced a new S$55 million multicurrency debt issuance programme, to issue digital securities. Such digital securities will be issued and/or listed...
SIA Group passenger capacity up 9.7% in September, outpacing passenger traffic growth
In total, the national carrier and its low-cost arm Scoot carried 3.1 million passengers that month SINGAPORE Airlines (SIA) Group posted a 9.7 per cent increase in passenger capacity in...
Glass Lewis advises Sabana Reit investors to vote against requisitionists’ director candidates at EGM
PROXY adviser Glass Lewis has recommended that unitholders of Sabana Industrial Real Estate Investment Trust (Reit) vote against the director candidates put up by requisitioners of an upcoming extraordinary...