Technology
Rupiah’s drop to four-year low prompts Bank Indonesia support
The Indonesian rupiah declined to a fresh four-year low as investors unwound the emerging-market (EM) carry trade, prompting a verbal support for the currency from the nation’s central bank.The...
nTan forms alliance with Indonesia’s AJCapital for corporate restructurings
SINGAPORE-BASED nTan Corporate Advisory has tied up with Jakarta-based AJCapital Advisory to form an alliance that will specialise in corporate restructurings, known as 9 Capital.The move comes just days...
The-Dream, Grammy Award-Winning Producer, Faces Rape and Sexual Battery Charges in Bombshell USA Lawsuit
Grammy Award-winning producer The-Dream, real name Terius Youngdell Nash, is facing serious allegations. Chanaaz Mangroe has accused him of rape and sexual battery. The complaint was filed in California,...
Female NY Basketball Coach Arrested for Sexually Touching 15-Year-Old Student
A former Brockport JV basketball coach has been accused of engaging in sexual contact with a 15-year-old student athlete in 2018.According to the Monroe County Sheriff's Office (MCSO), on...
Paramount seeks streaming partner, US$500 million in cost cuts
PARAMOUNT Global, the parent of CBS and MTV, is considering joint-venture options for its streaming service and has identified US$500 million in annual savings to boost profitability even as...
China’s Tiger Brokers eyes Singapore’s riches to propel growth
CHINA’S Tiger Brokers is setting its sights on Singapore’s riches for a revenue boost as it continues to shift away from its home market after a regulatory crackdown.The firm,...
Stocks to watch: OCBC, Seatrium, CapitaLand Investment, Yoma
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jun 5):
OCBC to raise 500 million euros via covered bonds
OCBC has priced 500 million euros (S$732.8 million) of fixed-rate covered bonds due 2027 under its US$10 billion global covered bond programme. The net proceeds will be used for...
