Apollo to become majority shareholder in Atletico Madrid
US fund Apollo’s sports investment arm Apollo Sports Capital has agreed to become the majority shareholder in top-tier Spanish football club Atletico Madrid, the club said on Monday (Nov…
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Fashion
mm2 Asia seeks High Court moratorium to prevent winding up resolutions for four months
It applied for an order to prohibit current, pending or threatened proceedings from being commenced or continued against it Embattled entertainment group mm2 Asia is seeking a court…
Frasers Property partners CIMB Singapore to provide SMEs with flexible financing solutions
Participating retailers at Frasers Property malls will get free account setup and payment terminals Frasers Property has announced a five-year partnership with CIMB Singapore to provide…
Jardine C&C posts improvements in non-Astra businesses for 9M 2025
It expects its full-year underlying profit to be ‘broadly similar’ to that of 2024 Mainboard-listed Jardine Cycle & Carriage (Jardine C&C) expects its 2025 underlying profit to be “broadly…
Duty Free International appoints new group CEO and COO, forms executive committee
The committee will oversee and ensure the effective and efficient implementation of all strategic decisions issued by the board to management Malaysian retail group Duty Free International…
STI slips 0.1% on Monday, bucks regional trend
Genting Singapore is the top gainer on the index while ST Engineering had the biggest decline The Straits Times Index (STI) closed down on Monday (Nov 10), as regional indices finished…
Guinness-owner Diageo taps former Tesco chief Dave Lewis for CEO role
Diageo appointed former Tesco boss Dave Lewis as its CEO on Monday (Nov 10), ending a months-long search. The company is turning to an outsider to steer the world’s largest spirits maker…
Hong Kong extends digital bond ambitions with 3rd offering
City looking to sell digital green bonds denominated in US dollars, Hong Kong dollars, euros and offshore yuan HONG Kong is marketing a new set of “digitally native” bonds denominated in…
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins [BEIJING/SHANGHAI] China’s Internet platforms are quietly…
OCBC shares continue rally to hit all-time high after strong Q3
Shares of OCBC hit a new all-time high on Monday (Nov 10), continuing a rally from last week. The counter rose 1.4 per cent to reach a new intraday high of S$18.02 as at 1.31 pm,…
Analysts positive on Singtel unit’s S$1.5 billion Bharti Airtel sale
Separately, Singtel and KKR are in talks to acquire all of ST Telemedia Global Data Centres they do not already own for more than S$6.4 billion Analysts were positive on a Singtel unit’s…
Asia: Markets boosted by hopes for deal to end US shutdown
EQUITIES rallied on Monday on hopes that the US government shutdown could be nearing an end after reports said lawmakers had reached a deal to break the record-breaking 40-day impasse. The…
ASX appoints new compliance chief amid pressure to deliver on turnaround plan
AUSTRALIAN stock exchange operator ASX has appointed Lucinda McCann as its new chief compliance officer with immediate effect, the company said on Monday, amid mounting pressure to deliver…
SingPost tumbles 3.6% after announcing H1 profit drop
Shares of Singapore Post (SingPost) fell by as much as 3.6 per cent or S$0.015 to S$0.405 after the company announced its financial results for its first half year ended Sep 30. It hit the…
SingPost ends flat after 3.6% intraday fall amid H1 profit drop
Shares of Singapore Post (SingPost) fell by as much as 3.6 per cent in intraday trade on Monday (Nov 10), after the company announced its financial results for its first half-year ended…
UOB issues S$74.6 million payment demand to mm2 Asia
Entertainment group mm2 Asia on Monday (Nov 10) said in a bourse filing that it and its subsidiaries have received letters of demand from UOB for about S$74.6 million in total. This…
mm2 Asia’s woes deepen as UOB demands S$74.6 million payment
Lender joins landlords and others in seeking payments from Cathay Cineplexes parent Entertainment group mm2 Asia on Monday (Nov 10) said in a bourse filing that UOB has demanded repayment…
SingPost’s new chief urges shareholders against reading too much into how Singtel is involved in SingPost
Singapore Post’s (SingPost) new chief Mark Chong – previously group chief corporate officer at Singtel – suggested that the market not “read too much into how Singtel is involved in…
Hong Kong poised to reclaim top global IPO ranking in 2025
Geopolitical tensions and regulatory backlash in the US against Chinese stocks are working in the city’s favour Hong Kong is well on track to finish 2025 as the world’s top initial public…
ANZ’s CEO Matos says ‘action needed’ as profit misses estimates
ANZ’S profit missed expectations as chief executive officer Nuno Matos reiterated that action is needed to turn around the lender. Cash profit dipped 14 per cent to A$5.79 billion (S$5…
US flight delays, cancellations accelerate as air traffic controller shortages surge during shutdown
Airlines cancelled more than 2,200 US flights on Sunday and Transportation Secretary Sean Duffy warned air travel will fall to a “trickle” in the run-up to the Thanksgiving holiday as air…
Tim Davie and Deborah Turness: BBC Director General and News CEO Resign Amid Row Over Trump's Doctored Speech on Panorama
BBC Director-General Tim Davie has stepped down amid ongoing controversy over the doctoring of a Donald Trump speech featured in an episode of Panorama. Deborah Turness, the BBC's CEO of…
US airlines brace for third day of government-mandated flight cuts
13,000 air traffic controllers and 50,000 security screeners have been forced to work without pay Major airlines braced for a third day of government-mandated flight cuts on Sunday (Nov 9)…
Typhoon Family Episode 10: Producers Tease Romantic Tension for Kang Tae Poong and Oh Mi Seon
Typhoon Family episode 10 will air on tvN on Sunday (November 9) at 9:10 PM KST. Kang Tae Poong and Oh Mi Seon will experience a memorable moment in the subway car. According to the…