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The money is for its Manulife CQS Regulatory Capital Relief III Fund as well as some separately managed accounts Manulife’s credit arm CQS Investment Management has raised US$1.1 billion…
Food Empire posted a revenue of US$152.6 million for the third quarter ended Sep 30, 2025, up 28.3 per cent from a year ago. In a bourse filing on Wednesday (Nov 12), the group attributed…
Revenue rose 16 per cent to S$287.5 million, driven by high-volume manufacturing at a major customer Test solutions provider AEM Holdings posted a S$4 million profit for the nine months…
The sector continues to hire, and expects to grow its workforce by opening up more than 1,500 positions The total revenue of the accountancy sector climbed by 7.5 per cent or S$244.5…
ST Engineering posted a 9 per cent year-on-year rise in revenue to S$9.1 billion for the nine months ended Sep 30, on the back of strong performances across all its three business…
The developments will be financed by the company’s internal funds and bank borrowings. Ho Bee Land has acquired five residential development sites in Australia for A$96.6 million (S$82.3…
The company’s Shenzhen shares surge 237% since June, lifting its 2025 gain to 300% Zhongji Innolight, a Chinese maker of optical communication modules and devices, has picked banks for a…
Fibre network provider NetLink NBN Trust is appointing Karie Kow, the current vice-president of corporate finance at mobile operator StarHub, as its new chief financial officer (CFO) next…
Across the broader market, gainers outnumber 324 to 257, with 1.8 billion securities worth S$1.8 billion changing hands Singapore stocks ended higher on Wednesday (Nov 12), tracking most…
The deal will cut the Dutch bank’s CET1 capital ratio by about 70 basis points at closing ABN Amro Bank said it will acquire NIBC Bank from Blackstone for about 960 million euros (S$1.45…
Singapore’s compact size makes it easier to roll out training and raise AI literacy across the population, he adds Singapore’s “first priority” is for companies both large and small, as…
Tech company’s prioritisation of growth and building of competitive moats could ‘slow near-term monetisation gains’, says Maybank Research Maybank Research slashed its target price for…
FEDERAL Reserve Governor Michael Barr said although artificial intelligence will transform economies, there are a range of outcomes as to how that will play out. Barr, in remarks prepared…
GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US government and flow of economic data will strengthen bets…
BITCOIN is struggling to stage a meaningful recovery after last month’s stumble, with signs of fatigue continuing to mount across crypto markets. The token briefly topped US$107,000 on…
The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 12): Singtel: On Wednesday, Singtel posted a 176.4 per cent increase in net…
CENTURIUM Capital, the private equity backer of fast-growing Chinese chain Luckin Coffee, is considering a bid for UK cafe operator Costa Coffee, people with knowledge of the matter said.…
The manager of Daiwa House Logistics Trust (DHLT) on Wednesday (Nov 12) posted a distributable income of S$23.4 million forthe nine months ended September, a 8.4 per cent drop from S$25.5…
ALPHABET’S Google is adding new artificial intelligence features to its Pixel devices, including iPhone-like message summaries and notification prioritisation. The new features, rolling…
GOOGLE unveiled its biggest-ever investment in Germany on Tuesday, pledging 5.5 billion euros (S$8.3 billion) for a new data centre and other projects, as Europe seeks to catch up in the…
EUROPEAN shares closed at a record high on Tuesday, led by healthcare stocks, as investors anticipated an end to the US government shutdown and assessed mixed forecasts from telecom…
THE Dow Jones Industrial Average surged to a record high close on Tuesday, lifted by progress toward ending the longest US government shutdown, while Nvidia and other artificial…
The Japanese tech investor needs the proceeds for initiatives including the US$500 billion Stargate project to expand US data-centre capacity SoftBank Group’s US$5.8 billion sale of its…
The S&P 500 and the Nasdaq opened lower on Tuesday (Nov 11) with concerns around elevated technology valuations resurfacing, while markets monitored progress towards the end of the longest…
