Culture
CGS International upgrades Grab to ‘add’, raises target price to US$7 on financial services turnaround
[ad_1] [SINGAPORE] CGS International has upgraded its recommendation on Grab to “add”, from “hold” previously, and raised its target price by 29.6 per cent to US$7 from US$5.40 as the...
BBVA has 8 billion euros to fund mandatory bid for Sabadell if needed: CEO
[ad_1] A combined entity would become one of the largest lenders in Europe by assets, with about one trillion euros[MADRID/LONDON] BBVA has eight billion euros (US$9.4 billion) in capital for...
Thailand unveils 44-billion baht stimulus, targets growth above 2.2%
[ad_1] [BANGKOK] The Thai government will spend US$1.4 billion on a consumer subsidy programme and will roll out other stimulus measures to try to spark a sluggish economy and lift...
IEA trims renewables outlook as US policy shifts and China auction reforms weigh
[ad_1] [PARIS] The International Energy Agency (IEA) on Tuesday (Oct 7) cut its global forecast for renewable power growth by 2030 by 900 gigawatts (GW) from last year’s outlook, citing...
Envy’s ex-directors seek bankruptcy after being found liable for breach of duties in nickel trading fraud
[ad_1] Judicial Commissioner Mohamed Faizal finds that Lee Si Ye and Ju Xiao had breached their duties as directors of Envy group of companies[SINGAPORE] A director of the insolvent Envy...
Goldman hikes December 2026 gold price forecast to US$4,900 per ounce
[ad_1] [BENGALURU] Goldman Sachs raised on Monday (Oct 6) its December 2026 gold price forecast to US$4,900 per ounce from US$4,300, citing strong Western exchange-traded fund (ETF) inflows and likely...
Asia: Tokyo stocks hit new record as markets extend global rally
[ad_1] JAPANESE stocks hit another record on Tuesday, building on the previous day’s surge following the election of a pro-stimulus advocate to lead the country’s ruling party, while gold also...
Singapore aims to lead region’s ammonia path to net zero: EMA chief
[ad_1] EMA is actively exploring the viability of combusting ammonia directly in gas turbines[FINSPANG] Singapore must move early and decisively to explore alternative fuels such as hydrogen and ammonia, said...
DBS jumps 3% to new all-time high, drives market cap past S$150 billion
[ad_1] [SINGAPORE] Shares of DBS soared more than 3 per cent on Tuesday (Oct 7), driving its market capitalisation beyond S$150 billion. The counter hit S$54.80 at market close, continuing...
Eli Lilly to invest US$1 billion in India contract manufacturing
[ad_1] The investment plan comes days after US President Donald Trump announced a 100% tariff on imported branded or patented drugs[MUMBAI] Eli Lilly plans to invest more than US$1 billion...
