Lifestyle
Jasper Investments volume, price surge on S$9 million from investors including Koh Boon Hwee
SHARES of watch-listed Jasper Investments quadrupled in value after the marine player secured S$9 million in capital from strategic investors, including Koh Boon Hwee, a board director of Singapore...
Billionaire Richard Li’s FWD Group revives Hong Kong IPO plan: sources
BILLIONAIRE Richard Li has revived plans to list pan-Asian insurer FWD Group in Hong Kong, said three sources with direct knowledge of the matter, after regulatory delay and market...
Gold prices drift higher ahead of US payrolls data
GOLD prices rose on Thursday (Jun 6), building on the previous session’s gains as investors awaited US non-farm payrolls data that could determine whether interest rates will be cut...
Singapore shares rise at Thursday’s open; STI up 0.3%
SINGAPORE equities started Thursday (Jun 6) morning on a strong footing, tracking global gains overnight. As at 9.01 am, the Straits Times Index (STI) opened 0.3 per cent or...
Chanel’s record dividend brings owners’ windfall to US$12 billion
THE billionaire family behind Chanel will have pocketed US$12.4 billion in payouts from the luxury brand’s earnings over the past three years, contributing to a massive increase in their...
Nvidia tops US$3 trillion in value, leapfrogging past Apple
NVIDIA was already the world’s most valuable semiconductor firm. Now, it’s become the first computer chip company ever to hit US$3 trillion in market capitalisation.The shares of the Santa...
Oil rises 1% as Fed rate cut optimism offsets demand fears
OIL prices climbed 1 per cent on Wednesday (Jun 5), rebounding from four-month lows, as hopes of an interest rate cut by the US Federal Reserve in September outweighed...
Lockheed Martin to buy up to 25 rocket launches from Firefly Aerospace
Lockheed Martin has entered a purchase agreement with Firefly Aerospace for up to 25 launches on its Alpha rocket by 2029, the US defence contractor said on Wednesday (Jun...