Firm
Singapore ride-hailing firm Ryde’s shares plunge over 80% on New York Stock Exchange
Singapore ride-hailing and carpooling company Ryde saw its share price plunge by more than 80 per cent in the past week, a development that market analysts described as concerning,...
Blackstone is said to consider sale of US$7 billion Visa firm VFS
BLACKSTONE is considering options including a sale of its majority stake in visa outsourcing and technology services firm VFS Global after receiving interest from prospective investors, sources familiar with...
Smart cars at heightened risk of attack, IT security firm says
AUTOMAKERS should do more to increase the safety of vehicles whose software can be updated over the air, according to a cybersecurity expert, because current technology leaves cars vulnerable...
Top Malaysia coffee chain gets funding from buyout firm KV Asia
ZUS Coffee, Malaysia’s biggest coffee chain operator, raised RM250 million ($74.6 million) from a group of investors including buyout firm KV Asia Capital as it seeks to expand globally.The...
Big Four accounting firm PwC UK orders staff back to the office
“Face-to-face working is hugely important to a people business like ours,” says Laura Hinton, managing partner of PwC UK PricewaterhouseCoopers, one of the Big Four accounting firms, is clamping down...
Uber kicks off its first bond sale as investment-grade firm
UBER Technologies is tapping the US investment-grade bond market for the first time since it attained blue-chip status.
The ride hailing service is looking to sell the bonds in as...
Salesforce to acquire AI voice agent firm Tenyx, joining AI talent race
ENTERPRISE cloud firm Salesforce on Tuesday (Sep 3) said it has agreed to acquire Tenyx, which develops artificial intelligence (AI) powered voice agents, to advance its AI-driven solutions.The acquisition,...
Gold drops as dollar, yields firm after US inflation report
GOLD slipped 1 per cent on Friday (Aug 31) as the dollar and Treasury yields firmed after US inflation data matched expectations, but the bullion is set for a...
Gold prices firm with US inflation data in focus
GOLD prices edged up on Thursday, aided by a weaker dollar and hopes of a Federal Reserve interest rate cut, while focus turned to a key US inflation print.Spot...
Resilient H1 results for SGX’s agribusiness players; commodity prices expected to remain firm
This is despite challenges such as regional currencies weakening, high interest rates and disruptive weather patternsSINGAPORE-LISTED companies in the volatile agri-commodity sector have posted resilient first-half results this year...