Culture
Billionaire Richard Li’s FWD Group again files for Hong Kong listing
[ad_1] Its previous attempts to go public were scuttled by regulatory delays and market volatilityPublished Mon, May 19, 2025 · 11:10 PM[HONG KONG] FWD Group, a Hong Kong-based insurer backed...
Apple partner Foxconn injects US$1.5 billion into India unit
[ad_1] Published Mon, May 19, 2025 · 10:28 PM[HONG KONG] Taiwan’s Foxconn, the main manufacturer of Apple’s iPhones, will inject US$1.5 billion into its India unit as production shifts away...
JPMorgan says interest income could rise this year even as uncertainty persists
[ad_1] [NEW YORK] JPMorgan Chase could earn more from interest payments this year as consumers and businesses remain resilient despite economic uncertainty, it said on Monday (May 19).Net interest income...
US: Wall St opens lower after Moody’s rating cut; yields rise
[ad_1] Published Mon, May 19, 2025 · 09:51 PM[NEW YORK] Wall Street’s main indexes opened lower on Monday (May 19) as Treasury yields rose after Moody’s downgraded the US sovereign...
Q&M Dental cash offer for Aoxin Q&M shares to close on Jun 16
[ad_1] Offeror does not intend to revise offer price nor or extend offer beyond closing date[SINGAPORE] Q&M Dental Group said on Monday (May 19) that its mandatory unconditional cash offer...
Guinness-owner Diageo plans cost cuts, asset sales to reduce debt
[ad_1] [BENGALURU] Diageo unveiled a plan on Monday (May 19) to cut US$500 million in costs and make substantial asset disposals by 2028, as the maker of Johnnie Walker whisky...
Ossia appoints Asian Corporate Advisors as independent financial adviser for privatisation offer
[ad_1] The controlling shareholders of Ossia have made an unconditional offer on May 15 to take the company private at S$0.16 a share[SINGAPORE] Mainboard-listed Ossia International has appointed Asian Corporate...
Greenback rises to fourth straight weekly gain on latest US economic data
[ad_1] THE dollar strengthened on Friday (May 16) after the latest round of economic data showed a rebound in import prices while consumer sentiment remained subdued as tariff worries jumped,...
FCT to draw on additional debt financing to fund Northpoint City acquisition
[ad_1] [SINGAPORE] The acquisition of Northpoint City’s south wing may be financed either with or without the issuance of perpetual securities, said the manager of Frasers Centrepoint Trust (FCT) in...
Wanted: C-suiters and specialists to serve ultra-rich as they pivot to alternative assets
[ad_1] [SINGAPORE] As demand for alternative assets is heating up in Singapore, so too is the need to hire more staff versed in the field. Leading recruitment agencies saw more...
