Singapore stocks rise amid mixed regional trading; STI up 0.6%
Across the broader market, gainers outnumber losers 336 to 238 after 2.1 billion securities worth S$3.2 billion change hands Singapore stocks ended higher on Monday (Nov 24) amid mixed…
Swedan Margen
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Revolut’s valuation hits US$75 million as it completes fundraising
Digital bank Revolut has concluded fundraising – comprising secondary share sales for employees and fresh capital – bringing its valuation to US$75 billion. Investors that led the…
Revolut’s valuation hits US$75 billion as it completes fundraising
Digital bank Revolut has concluded fundraising – comprising secondary share sales for employees and fresh capital – bringing its valuation to US$75 billion. Investors that led the…
Dubai property frenzy sets developers on a US$6 billion debt spree
From Islamic bonds to private credit, they ride one of the Gulf country’s longest real estate booms in years Property developers in the United Arab Emirates are raising billions through a…
Singapore climbs ahead of Hong Kong in gross tonnage registered as more vessels reflagged
Higher tonnage in September makes Singapore the fourth-largest ship registry in the world The ship registry of Singapore has pulled ahead of its closest competitor Hong Kong after some…
Singapore court clears way for US$2.7 billion suit against Stanchart in 1MDB scandal-linked claim
Claims involve alleged US$150 million deposit to Najib Razak and US$77 million for his wife Rosmah’s bags and jewellery The Singapore High Court has dismissed an application by Standard…
Indian central bank likely intervenes to prop up rupee before local market open, traders say
The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders told Reuters, putting the currency on track to open above its…
Owning luxury hotels is tough; long term rewards await patient capital
Jardine Matheson and Frasers Property could gain from hotel ownership over the long term The prestige associated with owning luxury hotels can appeal to the vanity of the super rich.…
Oil falls as Ukraine peace talks edge toward a solution
Oil prices slipped on Monday, extending losses from last week, as Russia-Ukraine peace talks edged closer to a solution and the US dollar strengthened. Brent crude futures fell 14 cents,…
MPA picks PetroChina, 2 others to supply methanol at Singapore port from 2026
Global Energy Trading, Golden Island and PetroChina issued licences to supply methanol as marine fuel The Maritime and Port Authority of Singapore (MPA) on Monday (Nov 24) said it will…
Marco Polo Marine expects ‘significantly higher’ FY2025 net profit
This is mainly due to impairment loss reversals on certain vessels and the disposal of its stake in Marco Polo Offshore Marine logistics company Marco Polo Marine on Monday (Nov 24) said…
Lum Chang Creations subsidiary secures 2 contracts worth S$63.4 million
Urban revitalisation specialist Lum Chang Creations on Monday (Nov 24) said its wholly owned subsidiary, Lum Chang Interior, clinched two contracts with a combined value of around S$63.4…
Stocks to watch: Jardine Matheson, Mandarin Oriental, BRC Asia, Lum Chang Creations
The following companies saw new developments that may affect trading of their securities on Monday (Nov 24): Jardine Matheson: The Hong Kong-based conglomerate said in a bourse filing on…
Snap starts checking users ages before Australian under-16 ban
SNAP will start checking many users’ ages in Australia as it prepares for a world-first social media ban for under-16s next month. Snapchat account holders will be able to verify their age…
China’s Premier Li Qiang launches charm offensive on rare earths at G20
European nations have been hit hard by the Asian nation’s decision to require export licenses for metals with military purposes CHINA’S Premier Li Qiang came to the Group of 20 (G20)…
SGX-Nasdaq dual-listing bridge may afford GIC, Temasek bigger role in revitalising local market
MAS says EQDP and the Anchor Fund @ 65 will support fundraising activity and trading liquidity on the new Global Listing Board As one might expect, the announcement from the Singapore…
UPS, FedEx scramble to shore up networks drained by deadly crash
The grounding has drained capacity and complicated operations for the world’s largest package delivery companies just as shipping volumes surge for the peak period to Christmas United…
ICE holds record 65,000 migrants; arrests, deportations reach record pace
ICE is shattering records for immigration enforcement, setting new high-water marks for arrests, deportations and detention. Source link
From loyalist to dissenter: Marjorie Taylor Greene's exit raises questions about MAGA's future
Rep. Marjorie Taylor Greene's abrupt resignation from Congress after her falling out with President Trump is exposing divisions within the MAGA movement, a year from the crucial midterm…
Trump says Chicago residents begging for crime help after violent weekend
President Trump says Chicagoans are clamoring for federal law enforcement assistance with after two weekend shootings left one teen dead and several others wounded downtown. Source link
Gabrielle Henry: Miss Jamaica Likely to Remain in Hospital for Another Week After Brutal Fall from Stage During Miss Universe
Miss Jamaica, Gabrielle Henry, is likely to stay in the hospital for at least another week after suffering a brutal fall from the Miss Universe stage in Thailand on Wednesday. "Gabby isn't…
NYC Mayor-elect Zohran Mamdani keeps Trump 'fascist' label after White House meeting
New York City Mayor-elect Zohran Mamdani is standing by his description of President Trump as a "fascist." Source link
Who Is Stephanie Hockridge? Ex-Arizona TV Anchor Sentenced to Ten Years in Prison for Covid Loan Scam and Will be Jailed with Ghislaine Maxwell
Disgraced former TV anchor Stephanie Hockridge has been sentenced to ten years in prison for her involvement in a massive Covid relief fraud scheme — and she will be spending the next…
JFK's granddaughter reveals terminal cancer diagnosis, criticizes cousin RFK Jr.
John F. Kennedy's granddaughter disclosed Saturday that she has terminal cancer, writing in an essay in "The New Yorker" that one of her doctors said she might live for about another year…