Technology
Alibaba’s connect membership may be a boon for overseas stocks
ALIBABA Group Holding’s impending inclusion in the Stock Connect may unleash as much as US$3.2 billion of cash across global markets. Analysts say that Japan and US equities are...
Seven & i seeks government protection after US$38 billion approach
SEVEN & i Holdings wants the Japanese government to require prior notification of any purchase of its shares above 10 per cent, sources familiar with the matter said, raising...
Keppel Infrastructure Trust closes private placement at S$0.438 apiece
KEPPEL Infrastructure Trust (KIT) has closed its private placement at S$0.438 apiece with 456.6 million new units issued, representing the top end of the price range proposed the day...
Nasdaq seeks SEC approval for Bitcoin index options
NASDAQ is seeking the green light from regulators to launch and trade options on a Bitcoin index, the exchange operator said on Tuesday (Aug 27).The US Securities and Exchange...
Nvidia results could spur record US$300 billion swing in shares, options show
TRADERS in the US equity options market are expecting Nvidia’s upcoming earnings report to spark a more than US$300 billion swing in the shares of the world’s most dominant...
Celebrating excellence in annual reports to inspire the journey ahead
Transparency, accountability, and a strong focus on ESG are not just benchmarks of success but essential components of responsible and forward-thinking business practices WHO would read an annual report?...
Panama Canal eases limits that caused global shipping bottleneck
THE Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalise after a severe drought.
The Panama Canal Authority increased the draft in the...
China’s Xpeng prices new budget EV at US$16,813
CHINESE electric vehicle maker Xpeng priced the first model of its budget sub-brand MONA at US$16,813 on Tuesday (Aug 27), wedging into the mainstream but highly competitive segment of...
