Fashion
F&B, grocery players like Sheng Siong, DFI still whet appetite of investors
[ad_1] DESPITE a fiercely competitive environment, Singapore-listed food and beverage (F&B) players are still a draw for investors. The thirst for yield has also drawn private equity interest to certain...
EU says it could continue China EV talks even after tariffs
[ad_1] THE European Commission is willing to continue negotiating with China a potential deal to avert tariffs on Chinese electric vehicles even after such tariffs are imposed, a senior EU...
Lagarde backs bank mergers as ECB prepares for UniCredit verdict
[ad_1] European Central Bank President Christine Lagarde reinforced her support for international banking tie-ups in the eurozone, saying they can produce many upsides, including a greater ability to compete with...
Thai Air plans US$1.3 billion share sale to complete debt revamp
[ad_1] Thai Airways International plans to issue new shares worth at least US$1.3 billion to creditors and other investors by December, a major step toward exiting a court-monitored debt restructuring...
Euro nudges higher; China stimulus boosts Aussie and kiwi
[ad_1] THE euro strengthened on Monday (Sep 30) after German inflation data, while commodity currencies rose on hopes for a turnaround in China’s economy and the Japanese yen steadied as...
Indonesia’s Bank Mandiri backs new coal power plant with US$1.27 billion financing
[ad_1] The financing comes at a time when Indonesia is striving to reduce coal consumption and transition to renewable energy[JAKARTA] Bank Mandiri – the latgest state-owned lender in Indonesia –...
Murdoch’s REA ends month-long takeover pursuit of Britain’s Rightmove
[ad_1] RIGHTMOVE’S shares dropped 8 per cent on Monday (Sep 30) after Rupert Murdoch’s REA Group ended its US$8.29 billion takeover pursuit following a fourth bid rejection from the British...
Japfa fails to buy targeted maximum number of shares under equal access scheme
[ad_1] Shareholders will be entitled to sell to the company up to 9 per cent of shares held in their nameJAPFA managed to purchase only 76.3 per cent of the...
Britain’s biggest steel works to end production after 100 years
[ad_1] BRITAIN’S biggest steelworks will end production later on Monday (Sep 30), when the final blast furnace at Port Talbot in Wales will close after more than 100 years of...
US: Wall St opens lower as investors await economic data, Powell’s comments