Is Perrier ‘natural’ mineral water? French court to decide
New filtration system is part of a broader dossier awaiting approval from local authorities A French court will rule on Tuesday on whether Perrier must withdraw its bottled water from…
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Fashion
Yangzijiang Maritime hits S$0.71 in active trading debut; ahead of issue price of S$0.60
It has raised gross proceeds of at least S$5.2 million via a private placement of around 8.6 million fully paid ordinary shares Shares of Yangzijiang (YZJ) Maritime on Tuesday (Nov 18)…
‘Baby Shark’ creator Pinkfong shares surge up to 62% on debut
Shares of Baby Shark creator Pinkfong, jumped as much as 62 per cent on their trading debut as investors snapped up the studio behind YouTube’s most-viewed jingle, following strong demand…
Stocks to watch: SIA, SGX, YZJ Shipbuilding, CDL, YZJ Financial, StarHub, Coliwoo
The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 18): Source link
China raised gold reserves by 15 tonnes in September, Goldman says
China added an estimated 15 tonnes of gold to its forex reserves in September as central banks accelerated their purchases of bullion after a seasonal summer lull, according to Goldman…
Deutsche Bank joins Barclays, Apollo targeting energy transition deals
Transition is supposed to convey the notion of transforming an asset to green from brown Deutsche Bank increased its environmental, social and governance (ESG)-related financing goals to…
Yangzijiang Maritime inks fresh vessel deals ahead of mainboard debut
It also signed letters of intent for joint ventures to build new tankers, bulk carriers Yangzijiang Maritime Development signed contracts with a Marshall Islands-based shipowner for the…
US: Wall St falls at open with eyes on Nvidia earnings, data
Wall Street’s main indexes fell at the open on Monday (Nov 17), heading into a packed week that includes AI bellwether Nvidia’s results and the resumption of government data releases. The…
Deutsche Bank unveils more ambitious cost and profit targets for 2028
It wants to increase revenue to around 37 billion euros in 2028, up from around 32 billion euros in 2025 Deutsche Bank on Monday (Nov 17) unveiled new profit and revenue targets for the…
AirAsia X plans new long-haul European routes
Malaysian low-cost carrier AirAsia X, which recently launched flights to Istanbul, is planning to establish more long-haul routes to Europe sometime next year, its CEO Benyamin Ismail told…
Air India to resume flights to China after nearly six years
Air India said on Monday (Nov 17) it will resume New Delhi-China flights starting February 2026, nearly six years after suspension, as recent diplomatic steps are seen as cautiously…
CDL posts 48.7% drop in Q3 Singapore property sales value amid lack of new launches
The group also reports that it is in ‘advance’ talks over the sale of Sentosa Cove’s Quayside Isle Sales value in the Singapore market for City Developments Ltd (CDL) and its joint venture…
Yangzijiang Shipbuilding order wins at US$2.2 billion in year to date
Yangzijiang Shipbuilding on Monday (Nov 17) announced that it obtained about US$2.2 billion worth of orders in the year to date. This was a fifth of the US$11.6 billion in order wins…
Emirates orders 65 Boeing 777X planes in US$38b deal
Emirates ordered 65 Boeing 777X planes in a deal worth US$38 billion on Monday (Nov 17), delivering a vote of confidence to the US manufacturer on day one of the Dubai Airshow. Deliveries…
SGX to launch Bitcoin, Ethereum perpetual futures on Nov 24
The Singapore Exchange (SGX) will introduce Bitcoin and Ethereum perpetual futures on Nov 24 to meet rising institutional crypto demand, bridging traditional finance and crypto-native…
Minimum fare for Grab drivers to rise by S$0.50 to S$5.80 from Nov 24
It follows Grab’s recognition of the NTUC-affiliated National Taxi Association to represent taxi drivers on its platform The minimum fare for Grab drivers will increase by S$0.50 for most…
L'Oréal buys second Chinese skincare stake as C-Beauty brands snare market share
Cosmetics giant L’Oreal said on Monday (Nov 17) it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its second investment in recent months in China, where…
Nomura said to probe if profits inflated at India bond desk
Nomura Holdings is investigating its India fixed-income business, asking senior officials in its rates division to determine whether profits were inflated in recent years, according to…
Chandra Asri gets US$750 million from KKR to buy ExxonMobil’s Singapore petrol stations
Indonesia’s Chandra Asri Pacific said on Monday (Nov 17) that it has secured a bespoke US$750 million financing package from investment firm KKR to support its purchase of ExxonMobil’s…
First Resources shares rise 8.8% on Q3 profit surge
The palm oil producer has posted a 43.5% increase in net profit for the third quarter Shares of First Resources soared as much as 8.8 per cent on Monday (Nov 17) after it reported a strong…
First Resources shares rise 6.3% on Q3 profit surge
Analysts are positive on the palm oil producer, and have set higher target prices Shares of First Resources jumped as much as 8.8 per cent on Monday (Nov 17), after it reported a strong…
EQT billionaire takes on Wall Street titans with big Asia push
The firm may not be a household name but it’s grown to become the largest non-US private equity firm in the world, with US$310 billion in assets Billionaire investor Jean Eric Salata’s…
Indonesia plans 25% free-float level to deepen market, OJK says
Indonesia plans to gradually increase the minimum free-float level for listed companies as part of its effort to deepen stock market liquidity and attract more investors. The free-float…
Gold firms as investors focus on US data for more Fed cues
Traders are currently pricing in a 46% probability of a quarter-point Fed rate cut next month, down from 50% last week Gold prices inched higher on Monday (Nov 17) as investors waited for…