Real Estate
Asia dealmakers see more IPOs, convertible bonds in 2025
INVESTMENT bankers are pinning hopes on initial public offerings (IPOs) in Asia to grab a bigger slice of equity capital markets volumes in 2025, after such transactions fell to...
Singapore shares open lower on Thursday; STI down 0.9%
SINGAPORE shares opened in the red on Thursday (Dec 19), tracking broader losses in Asia after the US Federal Reserve signalled fewer interest rate cuts next year.As at 9.01...
Stocks to watch: Yeo Hiap Seng, Asia-Pacific Strategic Investments
THE following company saw developments that may affect the trading of its securities on Thursday (Dec 19): Yeo Hiap Seng: The beverage manufacturer on Thursday said it would lay...
Merck snags Chinese obesity drug in nearly US$2 billion deal
MERCK snagged a potential drug in the burgeoning market for obesity medications in a deal worth as much as US$2 billion.Under the terms of the deal, the company will...
US Supreme Court agrees to hear TikTok ban case
THE US Supreme Court agreed on Wednesday to hear TikTok’s appeal of a law that would force its Chinese owner to sell the online video-sharing platform or shut it...
Strong Singapore dollar, Malaysian, Thai medical tourism push a bitter pill for Singapore to swallow
Singapore healthcare players focusing on complex cases to attract higher-paying foreign patientsSINGAPORE’S position as the go-to medical hub in South-east Asia is under threat, amid a strong Singapore dollar...
US: Wall Street opens little changed as markets brace for Fed
WALL Street’s main indexes opened flat Wednesday (Dec 18), as investors turned cautious ahead of the Federal Reserve’s final rate decision of the year and awaited signals on whether...