Real Estate
Customer refunds, business suspension send Cordlife S$11.6 million into the red in Q1
BELEAGUERED private cord-blood bank Cordlife Group : P8A 0% reported a net loss of S$11.6 million for the three months ended Mar 31, reversing a net profit of S$1.2...
AlphaSense to acquire Tegus for US$930 million
MARKET intelligence and search platform AlphaSense will acquire Tegus, a primary research platform for institutional investors, for US$930 million. The acquisition is expected to introduce Tegus’ breadth of private company...
Euro drops to a one-month low; US dollar firms ahead of key inflation test
THE euro dropped to a one-month low on Tuesday (Jun 11), with political concerns weighing as investors shifted focus to US inflation data and Federal Reserve interest rate forecasts.
The...
Singapore stocks fall as macroeconomic concerns weigh; STI down 0.4%
SINGAPORE shares ended lower on Tuesday (Jun 11) as investors held their breath before the release of US consumer price index data as well as the Federal Reserve’s meeting...
Singapore to trial battery swapping and mobile charging for electric heavy goods vehicles
SINGAPORE will begin trials for battery charging and swapping and mobile charging systems for electric heavy goods vehicles (e-HGVs) in the second half of 2024, said the Land Transport...
Apac M&A falls to 11-year low in first 5 months of 2024: London Stock Exchange
THE mergers and acquisitions (M&A) activity in the Asia-Pacific (Apac) region has declined 26 per cent year on year to an 11-year low of US$179 billion between January and...
Gold edges lower as traders eye US inflation data, Fed meeting
GOLD inched lower on Tuesday (Jun 11) as investors awaited US inflation data and the Federal Reserve’s policy announcement later in the week, after a stronger-than-expected payrolls report on...
Toyota’s faulty certifications also breach UN rules
THE Japanese government has found that regulatory discrepancies in a number of Toyota Motor cars also breach United Nations standards adopted by 62 countries and regions, the Yomiuri reported...
