Lifestyle
Keppel Infrastructure Trust’s private placement to raise S$200 million at top end of price range
KEPPEL Infrastructure Trust (KIT) has closed its private placement at S$0.438 apiece with 456.6 million new units issued, representing the top end of the price range proposed the day...
Indonesia sells longest-ever 40-year bond as easing pivot nears
INDONESIA sold 40-year local-currency bonds for the first time as looming interest-rate cuts boost the allure of longer-tenor debt.The government raised three trillion rupiah (S$252 million) from the sale...
Australia’s Woolworths posts flat annual profit
WOOLWORTHS Group, Australia’s largest supermarket chain, reported a flat annual profit on Wednesday, as weak performance in its New Zealand Food and Big W divisions offset sales growth in...
Europe: Travel, banking stocks lift shares with data in focus
GAINS in banking stocks and airlines lifted European shares on Tuesday, though trading remained cautious ahead of key economic data later this week.The travel and leisure and banking sectors were the...
US: Stocks make small gains ahead of Nvidia results
WALL Street stocks ended Tuesday slightly higher as markets look ahead to an earnings report by chipmaker Nvidia this week.The broad-based S&P 500 gained 0.2 per cent to 5,625.80, as did...
Walmart takes on Amazon by adding pre-owned watches, collectibles to marketplace
WALMART is bringing pre-owned watches and collectible trading cards to its online marketplace as the retailer looks to further beef up its e-commerce business and grab more spending from...
Lum Chang swings back to black with S$3.7 million H2 net profit
CONSTRUCTION company Lum Chang posted a net profit of S$3.7 million for the second half of its 2024 fiscal year ended Jun 30, reversing its net loss of S$29.3...
US says escorting Philippine ships in South China Sea an option
Washington has repeatedly assured Manila of its “ironclad” commitment to defend its long-time allyThe US is willing to accompany Philippine vessels during resupply missions in the disputed South China...