Plans
Adani plans 1.1 trillion rupees of new investments in India growth push
Billionaire Gautam Adani said his group is planning more than 1.1 trillion rupees (S$17 billion) of new investments in India, signalling the conglomerate’s focus on growing in its home...
SGX shares climb more than 5% after MAS review group unveils plans to boost stock market
Initiatives include a S$5 billion Equity Market Development Programme to strengthen the fund management ecosystemShares of the Singapore Exchange (SGX) jumped more than 5 per cent on Monday (Feb...
Initial plans to revive equities market may treat the symptoms but fall short of a cure: industry observers
An effective overhaul of the ecosystem could depend on the full set of measures, due to be released by AugustTHE full update on the Monetary Authority of Singapore (MAS)...
Singapore’s Abaxx Exchange plans gold futures as metal surges
SINGAPORE’S Abaxx Exchange plans to introduce gold futures in the coming months, with prices setting fresh records this year as traders grapple with disruptions in key bullion hubs and...
Forever 21 plans hundreds of store closures in second bankruptcy
THE US-based operator of Forever 21 is preparing to close at least 200 more locations from the fast-fashion retailer’s shrinking store base as part of a bankruptcy process that’s...
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEOUOB’s board has announced a S$3 billion package to distribute surplus capital over the...
Norinchukin CEO plans to resign after massive bond losses
A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talentNORINCHUKIN Bank chief executive officer Kazuto Oku plans to resign to...
Meta says it plans to build the world’s longest undersea internet cable
Facebook’s parent company Meta said it’s working on the world’s longest undersea cable as part of the social media giant’s efforts to connect more people to high-speed internet.Called Project...
