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CITADEL offered a rare glimpse under the hood of its multistrategy funds during a lucrative period for the most profitable hedge fund firm ever. The firm’s US$1 billion bond offering this…
OIL and gas exploration and production company Interra Resources on Thursday (Feb 6) denied a report that alleged it is supplying the Myanmar junta with more than two million barrels of…
YOUTUBE is running ads on TikTok targeting the app’s content creators, an effort to lure these valuable users to the Google-owned rival and capitalise on TikTok’s uncertain future. “I…
GOLD prices steadied on Friday (Feb 7) near record-high levels, and were headed to log their sixth successive weekly gain, as trade war jitters lifted safe-haven demand, while investors…
Manpower or space intensive sectors could reap big savings by moving to the special economic zone across the Causeway WHILE some industries in Singapore, such as banks and gaming, are…
SINGAPORE shares began Friday (Feb 7) trading in positive territory as markets abroad mostly closed higher. As at 9.01 am, the Straits Times Index (STI) was up 0.1 per cent or 5.47 points…
THE consortium proposing to take Seven & i Holdings private has tapped Citigroup and Bank of America (BOA) for financing, adding to a growing group of players in the potentially…
PUMA is shipping far fewer Chinese-made sneakers to the US as the trade war between the countries heats up. The German sportswear brand is sourcing only about 10 per cent of its US shoe…
APPLE plans to unveil a long-anticipated overhaul of the iPhone SE in the coming days, a move that will modernise its lower-cost model in a bid to spur growth and entice consumers to…
L’OREAL’s fourth-quarter sales fell short of analysts’ estimates after demand in the US failed to make up for a continued downturn in China. Sales overall rose 2.5 per cent on a comparable…
A FUNDAMENTAL principle of change management is that an organisation’s internal rate of change must surpass the external rate of change for it to thrive. This concept applies to the board…
London, UK – Meghan Markle has been accused of making Prince William uncomfortable by hugging and kissing him frequently, according to a new book by journalist Tom Quinn. Yes Ma'am: The…
The CIA has shared an unclassified list of its employees with another branch of the Trump administration, raising concerns about potential exposure of their identities and the risk of…
THE S$2.7 million in rental arrears by Cathay Cineplex to the landlords of its two cinemas represents a quarter of the total payment it owed between Apr 1, 2020, and Jan 31, 2025. The…
Wall Street’s main indexes opened slightly higher on Thursday (Feb 6), as investors evaluated earnings from companies including Honeywell and markets awaited US President Donald Trump’s…
This is despite revenue falling 12.4% year on year to S$349.8 million, from S$399.2 million STEEL fabricator BRC Asia on Thursday (Feb 6) announced its profit after tax rose 13.9 per cent…
HSBC Holdings’s head of global banking for Asia-Pacific, Christina Ma, is leaving the bank, according to people familiar with matter, as the lender restructures its business to keep a lid…
THE volatile start to the year has spooked some professional investors but has done little to dowse retail traders’ enthusiasm for the US stock market and the so-called Magnificent 7…
THE distribution per unit (DPU) of CapitaLand Ascendas Real Estate Investment Trust (Clar) for the second half ended Dec 31, 2024, was S$0.07681 – 3.2 per cent higher than S$0.07441 from…
The Danish company, viewed as a barometer of world trade, said it expects an underlying Ebitda result of between US$6 billion and US$9 billion this year MAERSK on Thursday (Feb 6) reported…
MAERSK on Thursday (Feb 6) said it expects to grow its business to track an expected 4 per cent growth in global container shipping this year, even as profits are set to decline and US…
More companies could be listing here this year with the Singapore Exchange (SGX) seeing an improved pipeline of initial public offerings (IPOs), the bourse operator said. SGX chief…
SOCIETE Generale (SocGen) said on Thursday (Feb 6) it had doubled fourth-quarter profits after a recovery in its retail bank and increased equity market trading, helping the French lender…
HSBC upgraded its rating on ride-hailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank maintained its buy rating. On Tuesday (Feb 4), its…
