Lifestyle
Regional stock exchanges, market players seize opportunities in commodities as interest spikes
MACROECONOMIC uncertainty is driving both institutional and retail investors in the region towards safe-haven assets and alternative investment options that could buffer portfolios from shocks. Market players in South-east Asia...
Boustead Singapore H2 profit up 64% to S$37.3 million on improved revenue
ENGINEERING and technology group Boustead Singapore : F9D 0% has posted a 64 per cent increase in its second-half net profit. In a bourse filing on Monday (May 27),...
Vedanta said to weigh US$1 billion share sale as soon as June
Indian commodities tycoon Anil Agarwal’s Vedanta is considering a share sale as soon as the coming weeks that could raise as much as US$1 billion, people with knowledge of...
OUE Reit makes interest rate swap with carbon credits in S$75 million transaction
OUE Real Estate Investment Trust : TS0U 0% (Reit) has completed an interest rate swap with a set of voluntary carbon credits, through a transaction with OCBC, said the...
Ley Choon Group H2 profit rises to S$5.5 million, declares first dividend since 2014
ROAD works construction company Ley Choon Group : Q0X 0% on Monday (May 27) reported a net profit from continuing operations of S$5.5 million for the second half ended...
Elon Musk’s xAI secures US$6 billion in new funding
Billionaire tech mogul Elon Musk’s startup xAI said it has raised US$6 billion from investors in an increasingly crowded artificial intelligence market.The latest funding, including from well known venture...
More Chinese tech convertibles may follow Alibaba, JD.com sales
More Chinese technology companies might turn to convertible bonds, after Alibaba Group Holding and JD.com raised a combined US$6.5 billion through such notes. Alibaba sold US$4.5 billion in debt that...