Culture
Iron ore markets head for shake-up as Singapore-linked Simandou nears production
[ad_1] [SINGAPORE] Global iron ore trade is facing a pivotal shift as Simandou, a massive iron ore mine in Guinea being developed by a Singapore conglomerate, is about to ramp...
Petronas is said to weigh sale of US$7 billion Canada business
[ad_1] Lower oil prices have hit the company, which reported a slide of more than 30% in net income in 2024 and announced job cuts that will start taking place...
Paragon Reit to delist from SGX on June 6
[ad_1] Minority unitholders have received their scheme consideration payments on Jun 4, 2025 [SINGAPORE] Paragon Reit will delist from the Singapore Exchange with effect from 9 am on Jun 6,...
Paragon Reit to delist from SGX on Jun 6
[ad_1] Minority unitholders have received their scheme consideration payments on Jun 4, 2025 [SINGAPORE] Paragon Reit will delist from the Singapore Exchange with effect from 9 am on Jun 6,...
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
[ad_1] [SINGAPORE] Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower gross domestic product growth, subdued earnings prospects, and...
Ping An Insurance raises US$1.5 billion from convertible bonds
[ad_1] [HONG KONG] Ping An Insurance (Group) of China has sold HK$11.8 billion (S$1.9 billion) in bonds that can be converted into shares listed in Hong Kong, marking the insurance...
Japan’s top banks said to mull joint ATM operation to cut costs
[ad_1] Published Wed, Jun 4, 2025 · 11:29 AM[TOKYO] MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank are considering jointly operating automated teller machines (ATMs) to reduce costs, said sources...
Global carriers pile on India capacity as US-Europe traffic drops
[ad_1] [LONDON] The skies above India are about to get a lot busier as international carriers add more routes to the world’s most-populated nation to make up for tepid transatlantic...
Virgin Australia returns to stock market with launch of A$685 million IPO
[ad_1] [SYDNEY] Virgin Australia is set to return to the stock market after a five-year absence, with the Bain Capital-owned airline launching a A$685 million (S$572 million) initial public offering...
Virgin Australia seeks to raise US$442.8 million in IPO, term sheet shows
[ad_1] Published Wed, Jun 4, 2025 · 10:24 AMBAIN Capital-owned Virgin Australia is looking to raise A$685 million (S$442.7 million) in an initial public offering, according to a term sheet seen...
