Fashion

Bain Capital ends acquisition battle with KKR for Fuji Soft
[ad_1] US private equity firm Bain Capital said on Monday (Feb 17) it will not launch a tender offer for Fuji Soft, formally ending a takeover battle with rival KKR...
Evergrande, HNA units ordered to liquidate by Hong Kong judge
[ad_1] UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in the city as creditors ramp up their...
Shipping giants urge watchdog to avoid biofuels in clean-up push
[ad_1] The IMO is working toward a zero-carbon-emissions target for the industry by 2050SOME shipping lines including Hapag-Lloyd and the maritime arm of Louis Dreyfus are calling on the International...
MBS gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility
[ad_1] MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter,...
Gold gains as investors eye Trump tariff moves
[ad_1] GOLD prices edged higher on Monday (Feb 17) after falling more than 1 per cent in the previous session as market participants awaited more insights on US President Donald...
ComfortDelGro probes fraud allegations related to Australian subsidiaries
[ad_1] AN Australian unit of ComfortDelGro is investigating allegations of wrongful conduct made by several media companies, and it has engaged external legal counsel to advise on the matter. In...
HSBC investors back CEO’s investment banking retrenchment
[ad_1] INVESTORS in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital...
Singapore shares open higher on Monday; STI up 0.3%
[ad_1] SINGAPORE equities began Monday (Feb 17) in positive territory, following mixed performance in the US and Europe last Friday. As at 9.01 am, the Straits Times Index (STI) rose...
SingPost appoints former SGX CFO and former SIA Engineering CEO as new non-executive, independent directors
[ad_1] SINGAPORE Post (SingPost) on Monday (Feb 17) announced the appointment of two new non-executive, independent directors, Chng Lay Chew and Ng Chin Hwee.Ng formerly served as chief executive officer...
Keppel DC Reit divests German data centre for 50 million euros
[ad_1] KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million). On Monday (Feb 17), the real estate investment trust’s (Reit) manager said...
Apple aims to boost Vision Pro with AI features, spatial content app
[ad_1] APPLE is planning to add Apple Intelligence to its Vision Pro headset, along with an updated mode for guest users and a spatial content app, as it seeks to...
Westpac posts higher quarterly profit as loan volumes grow, late repayments decline
[ad_1] AUSTRALIA’S Westpac posted a rise in its first-quarter net profit on Monday as deposits and loan volumes grew, and said a widely awaited interest rate cut by the central...