Lifestyle
Singapore shares down at Wednesday’s open; STI falls 0.1%
SINGAPORE equities began trading in negative territory on Wednesday (Jun 5), after US stocks recovered from an early morning fall to close higher on Tuesday. As at 9.02 am, the...
Seatrium awarded letter of intent for deepwater new-build production unit
SEATRIUM : 5E2 0% was awarded a letter of intent by BP Exploration & Production for a deepwater new-build production unit in the US Gulf of Mexico. On Wednesday (Jun...
FTX seeks to stop outside litigation against insiders, VC firms
FTX on Tuesday (Jun 4) asked a US judge to stop outside litigation against company insiders and venture capital (VC) firms accused of playing a role in the bankrupt...
Apollo Global to provide US$11 billion to Intel for Ireland facility
BUYOUT firm Apollo Global Management will acquire a 49 per cent equity interest in Intel’s manufacturing facility in Ireland for US$11 billion, the company said on Tuesday (Jun 4).Apollo...
US: Stocks shake off gloomy data to stage small rebound
US STOCKS bounced back from an early morning dip to close higher on Tuesday (Jun 4), as fresh data showed United States job openings slipped in April to their...
Few exits, limited investor appetite to test South-east Asia’s PE managers
PRIVATE equity (PE) funds operating in South-east Asia will need a strong domestic presence to pull off roll-ups and trade sales in the face of mounting challenges, including difficulties...
China’s solar giant Longi says it will adjust production amid ‘complex’ environment
CHINA’S Longi Green Energy Technology, one of the world’s largest solar panel manufacturers, said on Tuesday (Jun 4) it would “adjust” production amid a “complex industry environment”, but remains...
Alibaba considering convertible bond sale, following JD.com
Alibaba Group Holding is considering selling convertible bonds to raise about US$5 billion, people familiar with the matter said, following a US$1.75 billion offering by rival Chinese online retailer...
