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SINGAPORE investors did not shy away from physical gold despite its soaring prices in 2024, leading the demand growth in Asean region with 6.5 tonnes of gold bars and coins purchased. This…
U.S. President Donald Trump signed an executive order on Monday ordering the creation of a sovereign wealth fund within the next year, saying it could potentially buy the short video app…
ANALYSTS have upgraded Frasers Centrepoint Trust (FCT) to a “buy” rating, citing its high retail portfolio occupancy and ongoing asset enhancement initiatives (AEI) as positive signs for…
GSK agreed to buy US biotech IDRx for as much as US$1.15 billion to gain new cancer medicines. The UK drugmaker will pay US$1 billion upfront for IDRx, whose lead drug for gastrointestinal…
JOHNSON & Johnson (J&J) is in talks to acquire Intra-Cellular Therapies, a biopharmaceutical company focused on treatments for central nervous system disorders, sources familiar with the…
The analyst expects its acquisition in France, in-built rent escalation in Singapore to support DPU growth MAYBANK Securities has initiated coverage on Parkway Life Real Estate Investment…
As the last extension of government-mandated pauses for student loan payments expire, borrowers who don't make timely payments will likely get hit with negative marks on their credit…
Multiple posts shared on social media on Christmas Day suggest that the Danish government has offered to purchase the U.S. They feature what appears to be a news article on the offer, and…
What's New President-elect Donald Trump is once again suggesting that the U.S. buy Greenland, an autonomous territory that has been part of Denmark for more than 600 years. And once again,…
PARIS — Germany will buy four more submarines from ThyssenKrupp Marine Systems to increase the number of boats to six, part of a joint purchase with Norway that may also see the Nordic…
BLACKSTONE Inc is buying a mixed-use complex in Tokyo from Seibu Holdings in the largest real-estate acquisition by a foreign fund in Japan. The world’s largest alternative asset manager…
Analysts from UOB Kay Hian (UOBKH) and Lim and Tan Securities have issued a “buy” call on the vegetable and edible oil engineering process company Oiltek, in light of a strong order book…
The group’s equity story remains compelling and will gain from restructuring, says analyst MAYBANK securities continues on with its “buy” call on Singapore Post (SingPost), with a target…
Malaysia is in the midst of a boom to build data centres as global tech players rush to meet the demand for infrastructure and computing power NTT Data announced on Thursday (Dec 5) a…
BLACKROCK has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday (Nov 27). The final deal value would be closer to US$12…
ITALIAN lender UniCredit said on Monday (Nov 25) it had offered to buy rival Banco BPM in a roughly 10.1 billion euro (S$14.2 billion) all-stock deal that would combine Italy’s second and…
Some firms conduct share buybacks purely to support the vesting of awards under their share-based remuneration schemes This column received some negative feedback last week, following its…
The path for Lufthansa to take over the state-owned Italian airline ITA is clear, as the required documents for the buyout were submitted on time to the EU competition authority, Italy's…
WITH the continued run-up in crude palm oil (CPO) prices, RHB Research has upgraded its call on palm oil producer Bumitama Agri to “buy” from “neutral” with a higher target price of S$0.95…
Siemens reached an agreement to buy software maker Altair Engineering for US$10 billion including debt in its largest-ever acquisition. The German engineering group will pay Altair…
HSBC Holdings announced a fresh multi-billion US dollar stock buyback as it reported better-than-estimated earnings days after unveiling a major restructuring of its business. Europe’s…
AUSTRALIAN department store owner Myer will buy retail billionaire Solomon Lew’s Premier Investments’ apparel brands business, in a deal valued at A$863.8 million (S$752 million), the…
Japan’s Nippon Paint has been expanding via several acquisitions in recent years Nippon Paint Holdings announced plans to purchase global chemicals formulator AOC for US$2.3 billion. The…
OCBC Investment Research has initiated coverage on PropNex with a “buy” call and a fair value estimate of S$0.91. It anticipates that upcoming project launches in the second half of 2024…
