Real Estate
Flynas’ US$1.1 billion Saudi Arabia IPO sells out in minutes
Published Mon, May 12, 2025 · 06:44 PM[DUBAI] Saudi Arabia’s Flynas had demand for all the shares on offer in its US$1.1 billion initial public offering minutes after books...
ECB to cut by more as inflation undershoots 2%
[FRANKFURT] The European Central Bank will lower borrowing costs more than previously expected this year to below 2 per cent as inflation is seen undershooting the institution’s target in...
Singapore’s sovereign wealth investors GIC, Temasek find adaptation potential
THE likelihood and extent of climate-related losses and damage have increased, with global warming likely to breach the 1.5-degrees Celsius threshold and possibly even 2 deg C.Higher climate risks...
SoftBank seen booking modest fourth-quarter loss as Vision Fund suffers
[TOKYO] Japanese technology investor SoftBank Group is expected to book a quarterly net loss of 26.9 billion yen (S$239.4 million) on Tuesday (May 13) as early-stage tech startups fell...
High interest rates, volatile stock markets could prime private credit to outshine private equity again
[SINGAPORE] Funds that invest in private credit globally may be poised to beat those for private equity (PE) again this year. That is especially if interest rates remain high...
Mainboard-hopeful Oiltek gets slick with innovation, internationalisation
[SINGAPORE] An invention every 180 days has kept Oiltek International in the black, its order book stacked and its share price buoyant since it listed on the Catalist board...
SBS Transit to develop intelligent braking system for buses
[SINGAPORE] SBS Transit buses may soon be equipped with intelligent braking systems designed to reduce the sharp jolts that current emergency brakes may cause, the public transport company said...
US dollar at a crossroads
THE US dollar has come under significant pressure in 2025, reversing the strength seen in the fourth quarter of 2024. The US Dollar Index (DXY), which tracks the value...
