Lifestyle
Crypto lender Genesis to return US$3 billion to customers in bankruptcy wind-down
CRYPTO lender Genesis Global received court approval on Friday to return about US$3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital...
Spotify sued over alleged unpaid royalties
MUSIC streaming giant Spotify has been sued in a US federal court for allegedly underpaying songwriters, composers and publishers by tens of millions of dollars.
US: Wall St inches up, set for weekly gains on rate-cut hopes
WALL Street’s main indexes opened slightly higher on Friday (May 17), heading for weekly gains on growing expectations of US interest-rate cuts this year.
India’s Zee Entertainment reports Q4 profit as advertising demand picks up
INDIA’S Zee Entertainment Enterprises reported a quarterly profit on Friday (May 17), compared with a loss a year earlier, helped by strong demand for advertising and a fall in...
Halcyon Agri posts 88.2% rise in Q1 Ebitda
RUBBER producer Halcyon Agri’s earnings before interest, taxes, depreciation and amortisation (Ebita) increased 88.2 per cent to US$8.5 million in the first quarter ended Mar 31, 2024, from US$1...
Keppel’s data centres CEO to become senior managing director, M1 CEO to helm connectivity portfolio
MAINBOARD-LISTED Keppel on Friday (May 17) announced leadership changes in its data centres and networks segment as it strives to grow its asset management business.
Top HSBC shareholder Ping An will retain investment in bank amid sale talk
PING An Asset Management, HSBC Holdings’ largest shareholder, will continue to hold its investment in the Asia-focussed lender, a source close to the Chinese fund manager said on Friday...
Indonesia raises US$1.3 billion in its largest Samurai bond sale
INDONESIA raised 200 billion yen (S$1.72 billion) in its largest sale of Japanese yen-denominated bonds, the finance ministry said in a statement on Friday (May 17).
