Lifestyle
Reddit’s IPO as much as five times oversubscribed, sources say
REDDIT’S initial public offering is currently between four and five times oversubscribed, people familiar with the matter said on Sunday, making it more likely the social media platform will...
Uber to pay A$272 million to settle lawsuit with Australia taxi drivers, law firm says
UBER has agreed to pay A$271.8 million (S$238.5 million) to settle a lawsuit in Australia brought by taxi operators and drivers, who alleged they lost income when the ride-hailing...
Australia set to extend rate pause as economy enters slow lane
AUSTRALIA’S central bank is widely expected to hold interest rates at a 12-year high on Tuesday (Mar 19) as the economy shows signs of slowing further while unemployment trends...
HSI hinting at potential turnaround
ON MARCH 14, 2024, the Hang Seng Index (HSI) closed marginally lower by 0.71per cent or 120.45 points at 16,691.67. Despite the drop in the index component stocks, the...
SGX listcos eke out 0.4% higher quarterly profits in Q4; analysts generally positive for 2024
EARNINGS of companies listed on the Singapore Exchange (SGX) rose marginally in the fourth quarter of 2023 ended December, despite gains from banks that reported record profits and aviation-related...
Baltic Exchange Shipping Insights
Capesize The week started positively for the capes, especially in the Pacific, where rates saw a slight increase. However, Tuesday brought a downturn in the Pacific market, with fixtures...
Sats sells US military contractor unit Maytag Aircraft for US$46 million
INFLIGHT caterer and ground handler Sats has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million to private direct investment firm Albion River, it announced...
Copper surges on supply threat as iron ore shows economic risks
PRICES for two of the world’s most important mined commodities are diverging quickly, with copper rallying above US$9,000 a tonne as supply cuts hit the market and iron ore...
