Lifestyle
Paramount likely to extend ‘go shop’ period if Bronfman bids
PARAMOUNT Global, which has agreed to merge with David Ellison’s Skydance Media, is likely to extend a deadline for rival takeover bids if Edgar Bronfman Jr makes an offer...
Cocoa climbs as traders focus on crop prospects in West Africa
COCOA futures in New York rose to the highest price since late July, breaking out of last week’s largely rangebound trading.The most-active contract climbed as much as 7.2 per...
US: Wall St opens flat with focus on Jackson Hole
Wall Street’s main indexes opened flat on Monday (Aug 19) after clocking their best week of the year, while investors looked ahead to Federal Reserve Chair Jerome Powell’s speech...
AMD to acquire server builder ZT Systems for US$4.9 billion in cash and stock
AMD on Monday (Aug 19) said it plans to acquire server maker ZT Systems for US$4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips...
Thai central bank to hold rates until Q2 2025, political turmoil risks early cut
THE Bank of Thailand (BOT) will keep interest rates unchanged on Wednesday (Aug 21) and through Q1 2025 to balance growth with inflation control while assessing the impact of...
Property groups should sell low-yielding investment properties, go slow in raising debt
ACCESS to debt appears fine for Singapore-listed property groups. Frasers Property announced in July that it had secured a sustainability-linked loan amounting to around S$904 million, comprising an Australian...
Pacific International Lines adds 5 LNG dual-fuel container vessels to fleet
SINGAPORE container carrier Pacific International Lines (PIL) is in the process of renewing its fleet, with an order for five liquefied natural gas (LNG) dual-fuel container vessels. Each one...
Global digital economy will hit US$16.5 trillion by 2028: report
RESEARCH and advisory company Forrester released its report, Global Digital Economy Forecast, 2023-2028, on Monday (Aug 19) revealing that the digital economy will reach US$16.5 trillion and capture 17...
