Firm

Navigation firm TomTom Q1 operating result turns to loss on higher R&D costs
Navigation firm TomTom Q1 operating result turns to loss on higher R&D costs
DIGITAL mapping specialist TomTom said on Wednesday (Apr 17) its operating result turned to a wider-than-expected loss in the first quarter, weighed down by an increase in research and...
Blackstone leads US billion private loan for data centre firm
Blackstone leads US$2 billion private loan for data centre firm
BLACKSTONE led a roughly US$2 billion financing package to Park Place Technologies to refinance the company’s debt and to fund a payout to its private equity owners, said people...
Singapore stocks fall amid tepid sentiment from firm US inflation rate; STI down 0.3%
Singapore stocks fall amid tepid sentiment from firm US inflation rate; STI down 0.3%
SINGAPORE stocks fell on Thursday (Apr 11) as investor sentiment softened overnight after higher-than-expected US inflation rates led investors to push interest rate cut expectations further back. The benchmark...
Gold prices drop 1 per cent as US dollar, yields firm after upbeat US data
Gold prices drop 1 per cent as US dollar, yields firm after upbeat US data
GOLD prices slipped more than 1 per cent on Monday (Apr 8) as the US dollar and Treasury yields held firm after strong US data heightened doubts on whether...
Gold prices drop 1 per cent as US dollar, yields firm after upbeat US data
Gold prices drop 1 per cent as dollar, yields firm after upbeat US data
GOLD prices slipped more than 1 per cent on Monday (Apr 8) as the US dollar and Treasury yields held firm after strong US data heightened doubts on whether...
Blackstone eyes US0 million IPO of India diamond certification firm
Blackstone eyes US$300 million IPO of India diamond certification firm
BLACKSTONE is exploring raising US$300 million via an India IPO of the International Gemological Institute (IGI), less than a year after it acquired the company, amid booming stock markets...
McKinsey offering some staff nine months’ pay to leave firm
McKinsey offering some staff nine months’ pay to leave firm
MCKINSEY & Co has made a unique offer to some of its staff: Take nine months’ pay and go away.The management-consulting firm is dangling the pay, along with career-coaching...
Gold slips as US dollar, bond yields firm after Fed official comment
Gold slips as US dollar, bond yields firm after Fed official comment
GOLD prices eased on Thursday (Mar 28) as the US dollar and bond yields ticked higher after comments from a Federal Reserve official on interest rate cuts, while investors...
Law firm to launch investment treaty claims against Swiss government for Credit Suisse AT1 write-downs
Law firm to launch investment treaty claims against Swiss government for Credit Suisse AT1 write-downs
GLOBAL law firm Clyde & Co is planning to launch a series of investment arbitration claims against the Swiss government, in yet another attempt to sue its regulator for...
HSBC’s top tech banker exits to join tech firm
HSBC’s top tech banker exits to join tech firm
HSBC’s global co-head of technology, media and telecom (TMT) Winston Cheng is leaving the bank to join a major tech firm.  Cheng joined HSBC’s investment banking team in 2021,...