Culture
Gold rises on softer Treasury yields; silver steadies after record run
[ad_1] Investors are currently pricing in two rate cuts for next year, with this week’s non-farm payrolls report expected to provide further clues on the Fed’s policy path[BENGALURU] Gold rose...
Soilbuild Construction proposes four-for-one stock split after 313% year-to-date rise
[ad_1] The company currently has an issued and paid-up share capital of S$107.9 million comprising 165.5 million shares[SINGAPORE] Construction and engineering company Soilbuild Construction on Monday (Dec 15) announced a...
January Capital’s private credit fund marks final close at over US$130 million
[ad_1] The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans [SINGAPORE] Singapore-headquartered investment firm January Capital on Monday (Dec 15) announced the final close...
Robot vacuum Roomba maker files for bankruptcy after 35 years
[ad_1] Under the restructuring, vacuum cleaner maker Shenzhen Picea will receive the entire equity stake in the reorganised company[NEW YORK] iRobot filed for bankruptcy after reaching a restructuring support agreement...
ESR-Reit sells 8 Singapore assets to Brookfield for S$338m; sale would trim distribution
[ad_1] The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay[SINGAPORE] The manager of ESR Real Estate Investment Trust (ESR-Reit) on Monday (Dec 15)...
China confronts the cost of dismantling the world’s biggest coal sector
[ad_1] Green industries have created more than seven million jobs and ultimately there will be net growth in employment from the energy transitionON A dusty afternoon in the northern reaches...
Nomura seeking private debt acquisitions in alternatives push, CEO says
[ad_1] Despite the explosive growth of such financing in the US over the past decade, bank loans still dominate corporate borrowing in Japan[TOKYO] Japan’s Nomura Holdings is on the lookout...
Tokyo Gas to steer more than half of overseas investments to US in next three years, CEO says
[ad_1] [TOKYO] Tokyo Gas, Japan’s top city gas provider, plans to direct more than half of the 350 billion yen (S$2.9 billion) it has earmarked for overseas investments over the...
Keppel Reit’s dilutive purchase of MBFC Tower 3 a gamble on the sensibilities of S-Reit investors
[ad_1] A quick rebound from its sell-off last week might suggest investors are prepared to stomach some DPU dilution for the right deal at the right time[SINGAPORE] It has been...
Tiger Brokers Singapore bucks price-cutting trend among digital brokerages
[ad_1] It charges higher fees than some competitors, but still managed to add new accounts for the seventh straight quarter, hitting a new peak[SINGAPORE] In the cutthroat world of digital...
Australia to enforce new food pricing rules in crackdown on Coles and Woolworths
[ad_1] Both companies have said they have absorbed rising supplier costs and offered discounts to ease pressure on customers[MELBOURNE] Coles Group and Woolworths Group, Australia’s dominant supermarket chains, are bracing...