Technology
CICT’s proposed acquisition of stake in Ion Orchard ‘opportune’; S-Reits expected to make more buys
Interest-rate cuts are imminent, and market appetite for equity fund-raising is improving, say analystsTHE proposed acquisition of a 50 per cent stake in Ion Orchard, one of Singapore’s largest...
Bursa Malaysia wants to ease institutions’ hold on stocks
MALAYSIA’S stock exchange is looking to loosen the grip of large domestic investors on the market to encourage more trading and attract foreign investors to the best performing bourse...
Abu Dhabi’s Adnoc kicks off long-stalled debut bond sale
ABU Dhabi state oil giant Adnoc kicked off its debut bond sale on Wednesday (Sep 4) that could raise up to US$5 billion more than two and a half...
Surge in foreign bids for Japanese firms only just beginning, says BofA’s Komori
A SURGE in foreign takeover bids for Japanese firms is likely to accelerate, according to Bank of America’s (BofA) co-head of Japan investment banking, Yuta Komori.
The rise in acquisitions...
Nvidia’s Jensen Huang loses US$10 billion in his biggest wealth wipeout
NVIDIA chief executive officer Jensen Huang’s wealth tumbled the most ever after a rout in chip stocks and a report that the US Justice Department (DOJ) sent the tech...
CapitaLand Investment to more than double investments in India by 2028
CAPITALAND Investment (CLI) aims to more than double its funds under management (FUM) in India in the next four years, as the global real asset manager remains optimistic on...
Volkswagen goes head-to-head with workforce over proposed company cuts
VOLKSWAGEN (VW) management will face a tense and fearful workforce at a meeting in its headquarters on Wednesday (Sep 4) as it proposes painful cuts, including factory closures in...
PropertyGuru sinks deeper into the red with S$16.1 million Q2 loss
PropertyGuru sank deeper into the red in the second quarter ended Jun 30 with a net loss of S$16.1 million, widening from S$6.5 million recorded in the previous corresponding...
