Culture

Citigroup sees bigger IPOs as private deals bulk up valuations
[ad_1] [NEW YORK] A wave of big initial public offerings (IPOs) is building as emerging growth companies stay private for longer and bulk up their valuations through secondary stock sales.“I...
Wall Street’s booming June is big bet against economy doomsayers
[ad_1] [NEW YORK] Wall Street is throwing a summer party with markets just closing out their best cross-asset advance in more than a year on receding fears of a global...
GuocoLand’s Dora Chng on condo buyer preferences.
[ad_1] [SINGAPORE] As customers’ needs evolve, having a flexible layout can be a big draw for discerning condo buyers here, according to Dora Chng, residential director of GuocoLand.A flexible layout...
Wealthy Silicon Valley investors in line for US$17 billion windfall in US senate Republican tax Bill
[ad_1] [NEW YORK] Silicon Valley’s favourite tax break may be getting an upgrade. Venture capitalists, along with successful tech founders and early startup employees, already pay no taxes on billions of...
US: S&P 500, Nasdaq hit record closing highs amid trade negotiations, rate cut bets
[ad_1] [NEW YORK] Wall Street extended its rally on Friday (Jun 27), sending S&P 500 and Nasdaq to all-time closing highs as trade deal hopes fuelled investor risk appetite and...
US: S&P 500, Nasdaq touch record highs after tame inflation data
[ad_1] Published Fri, Jun 27, 2025 · 09:42 PM[NEW YORK] The S&P 500 and the Nasdaq opened at record highs on Friday (Jun 27) as a benign inflation report supported...
CCCS okays Tamarind Health’s proposed acquisition of TalkMed
[ad_1] [SINGAPORE] The Competition and Consumer Commission of Singapore (CCCS) has cleared Tamarind Health’s proposed acquisition of tertiary healthcare service provider TalkMed Group on Friday (Jun 27).The competition watchdog assessed...
Mystery US$33 billion Chinese medicine fortune collapses in days
[ad_1] [HONG KONG] When Yat-Gai Au was worth US$33 billion on paper, he was not in his Hong Kong office. One week later, when his net worth plunged to US$10.1 billion,...
Singapore stocks track overnight Wall Street gains on Friday; STI up 0.7%
[ad_1] [SINGAPORE] Local stocks tracked overnight Wall Street gains to end higher on Friday (Jun 27). The benchmark Straits Times Index (STI) rose 0.7 per cent or 27.74 points to 3,966.2....
Japan’s Nikkei ends at 6-month high, tracking Wall Street rally
[ad_1] [TOKYO] Japan’s Nikkei share average closed at a six-month high on Friday (Jun 27), as technology stocks tracked Wall Street’s robust finish overnight.The Nikkei jumped 1.43 per cent to...
Thailand central bank vows to step in if baht moves are unhinged
[ad_1] [BANGKOK] Thailand’s central bank is ready to tackle excessive baht volatility by managing any moves “unhinged” from its fundamentals, a deputy governor said, amid calls from local businesses to...
HDB US$1.5 billion India IPO sold out as wealthy investors pile in
[ad_1] The offering received bids for 242.8 million shares as of Friday (Jun 27) afternoon in Mumbai, versus the 130.4 million shares offeredPublished Fri, Jun 27, 2025 · 03:19 PM[MUMBAI]...