Lifestyle
Mitsui, Rohto Pharmaceutical take 86% stake in Eu Yan Sang for S$687 million
JAPAN’S Mitsui & Co and Rohto Pharmaceutical have purchased an 86 per cent stake in Eu Yan Sang International for S$687 million in cash.In a statement on Thursday (Apr...
Singapore stocks rise amid regional rally; STI up 0.4%
SINGAPORE shares ended higher amid a broader regional rally, with the blue-chip barometer Straits Times Index (STI) rising 0.4 per cent or 12.35 points to 3,235.01 on Thursday (Apr 4)....
Airlines desperate for planes paying more for older models
BOEING’S latest 737 Max crisis has worsened an airline shortage of popular narrow body aircraft, sending the cost of used-jet rentals to the highest level in years. The US planemaker...
14 months’ jail for money laundering accused who evaded arrest; more than S$165 million forfeited to state
SU HAIJIN, one of the 10 foreign nationals prosecuted in Singapore’s largest money-laundering case, was sentenced to an imprisonment term of 14 months after pleading guilty to one count...
Thai central bank seen cutting rates by 50 bps this year, bond market association says
THAILAND’S Bond Market Association (ThaiBMA) on Thursday (Apr 4) said it expects the country’s central bank to cut rates twice this year starting from June and totalling 50 basis...
Rakuten boosts junk bond sale to US$2 billion with juicy yield
RAKUTEN Group boosted a junk bond sale to US$2 billion as the debt-laden Japanese company attracted investors with a yield that is significantly higher than similarly rated debt.The conglomerate...
Asia: Markets lifted by US data and fresh rate cut hopes
ASIAN markets rose on Thursday (Apr 4) after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank’s...
Gold prices touch record high after Powell’s comments