Lifestyle
LMIRT upsizes loan facility to 4.5 trillion rupiah
LIPPO Malls Indonesia Retail Trust (LMIRT) upsized its term loan facility to 4.5 trillion rupiah (S$371.8 million) from 2.5 trillion rupiah previously. The original loan – obtained in May...
All major US banks pass Federal Reserve’s 2024 ‘stress test’
ALL 31 big US banks have passed the Federal Reserve’s annual “stress test” designed to assess how well they would fare in a major financial crisis, the US central...
Only 1 in 10 Singapore listcos shows how boards make major stakeholder decisions: study
The survey of 80 Singapore-listed firms also finds that large-cap companies outperform smaller enterprises in investor relationsALTHOUGH the vast majority of Singapore-listed companies recognise that businesses should allocate more...
Cosmetic Ozempic use under fire in Europe amid drug shortages
The EU regulator warned patients not to buy weight-loss drugs online without a prescription due to the risk of fake, dangerous productsTHE European Union’s drug regulator urged countries to...
Airbus tells airlines some of their deliveries in 2025 and 2026 may be delayed
Airbus has been warning airlines that some of their aircraft deliveries due in the next two years risk being delayed, an indication that supply-chain glitches at the world’s largest...
Switzerland sticks to bank capital schedule in blow to UBS
SWITZERLAND said it will keep to its schedule for implementing global bank capital rules despite continued wrangling over the standards in the United States, potentially putting its largest lender...
Japan chipmaker Kioxia to file preliminary listing application: sources
BAIN Capital-backed chipmaker Kioxia plans to submit a preliminary application to list shares on the Tokyo Stock Exchange in the coming days, two people familiar with the matter said.
The...
Japan’s Nikkei rallies to more than two-month high on fresh tech momentum
Japan’s Nikkei share average climbed more than 1 per cent to secure a 2½ month closing peak on Wednesday (Jun 26), as investors snapped up technology stocks and chip-related...
