Culture
Singapore is top IPO market in South-east Asia in Q3: EY report
India, the US and Greater China contribute nearly 80% of the total US$48.2 billion in proceeds[SINGAPORE] Singapore was the top initial public offering (IPO) market in South-east Asia in...
NUS selling US$500 million of PE, property funds to manage liquidity, China exposure
Sales of such portfolios often come with a discount to the net asset value in return for getting the capital sooner[HONG KONG] The National University of Singapore (NUS) is...
MAS to announce measures to help listcos deliver greater shareholder value in November: Chee Hong Tat
[SINGAPORE] The Republic will be announcing more details of its “Value Unlock” programme in November, said Chee Hong Tat, Minister for National Development, and deputy chairman of the Monetary...
Indonesia plans debut yuan bonds as dim sum issuance hits record
The country is also seeking more funding sources as President Prabowo Subianto tries to boost economic growth[JAKARTA] Indonesia is planning its first offshore yuan denominated bond sale, adding to...
STI could reach 10,000 by 2040; Singdollar could also hit parity with greenback: DBS report
[SINGAPORE] The Straits Times Index (STI) could rise to nearly 10,000 points by 2040 if historical return patterns hold, DBS’ Singapore 2040 report indicated.The Singapore dollar could also reach...
Gold extends retreat from record high on profit-booking, trade optimism
The Fed will lower its key interest rate by 25 basis points next week and again in December[BENGALURU] Gold prices fell further on Wednesday (Oct 22), weighed down by...
From Prive to Eggslut: the F&B closures in 2025
Operators grapple with soaring rental costs, persistent manpower shortages, and evolving consumer tastes[SINGAPORE] From private members’ clubs and Michelin-plater restaurants to decades-old heritage institutions, the closures in the food...
Sovereign wealth funds, including Singapore’s GIC, drive biggest deals in US$3.5 trillion M&A year
Rainmakers at the top investment banks say they expect the flurry of takeovers to continue[LONDON] Deep-pocketed sovereign wealth funds are helping drive a resurgence in dealmaking that’s taken global...
Apple’s planned foldable iPad with 18-inch screen hits development snags
[LOS ANGELES] Apple’s effort to reinvent the iPad by adding a giant foldable screen has hit development hurdles, potentially delaying the planned launch.The company has been working on the...
Newcomers shrug off China’s EV headwinds with bets on niche cars
Despite their optimism, it’s unclear how many of the newer entrants will survive the Asian nation’s cutthroat industry[BEIJING] For all the talk of China’s car industry being crowded with...
