New Starbucks CEO is testing investors’ US$21 billion bet
Starbucks’ new chief executive Brian Niccol is facing a key test: convincing investors he’s worth the US$21 billion in market value the coffee chain notched after his appointment. On…
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US: Wall St subdued at open as investors weigh earnings, data
US stock indexes were subdued at the open on Wednesday (Oct 30), as investors assessed mixed earnings reports and data that showed the economy maintained a solid pace of growth in the…
Oil settles up, weekly gain 4% as investors weigh Middle East risk and US election
Oil prices settled higher on Friday (Oct 25) and gained 4 per cent on the week, with investors taking stock of the ongoing conflict in the Middle East as well as the US election next…
Seven & i seeks to convince investors sales will double by 2030
SEVEN & i Holdings’s plan to split in two and expand abroad will help the retailer almost double group revenue, chief executive officer Ryuichi Isaka said in an appeal to shareholders as…
ServiceNow sales growth fails to impress AI-hungry investors
SERVICENOW reported strong third-quarter sales and bookings, but failed to clear the lofty expectations of investors looking for a bigger boost from artificial intelligence (AI).…
HSBC revamp by new CEO Georges Elhedery stumps staffers, investors alike
HSBC Holdings’ new chief executive officer just unveiled the biggest overhaul of the company in at least a decade, but it was missing some key details for employees and investors. There…
IPO-bound Hyundai Motor India raises Rs 8,315 cr from anchor investors
Hyundai(Photo: Shutterstock) 3 min read Last Updated : Oct 14 2024 | 9:45 PM IST Hyundai Motor India (HMIL) raised Rs 8,315 crore from anchor investors on Monday, setting the stage for the…
Horizon Robotics said to draw Alibaba, Baidu as investors in IPO
ALIBABA Group Holding and Baidu are among the cornerstone investors in the Hong Kong initial public offering of Horizon Robotics, a Chinese provider of software and hardware used in…
LVMH investors jittery over anaemic China demand for European designer goods
INVESTORS in French luxury group LVMH are eager for signs that China’s new fiscal stimulus measures can finally pull wealthy and middle-class Chinese shoppers out of their funk, inspiring…
QIP fundraising hits record high this year; 71 firms mobilise Rs 88,678 cr
Premium Illustration: Binay Sinha 3 min read Last Updated : Oct 13 2024 | 11:39 PM IST Fundraising via qualified institutional placements (QIPs) has hit a record high this year with…
Bain sought US$10 billion valuation for Japan's Kioxia, investors only wanted to pay half
Investors pushed Bain Capital to almost halve the valuation it was seeking for Japan’s Kioxia in an IPO, leading the US buyout firm to scrap its plans for an October listing of the memory…
What are value funds? Ideal for investors who can face deep drawdowns
3 min read Last Updated : Oct 10 2024 | 7:06 PM IST The value style of investing has done well in the past few years. To capitalise on this performance, fund houses are on a fund-launching…
Tesla sells $783 million of prime auto lease-backed debt to investors
Tesla, Tesla logo(Photo: Shutterstock) 3 min read Last Updated : Oct 10 2024 | 8:06 AM IST By Immanual John Milton Tesla Inc. sold more than $783 million of prime borrower leases to…
India reduces arbitration time for foreign investors in UAE agreement
Piyush Goyal, Union Minister for commerce and industry 3 min read Last Updated : Oct 08 2024 | 12:08 AM IST India has reduced the time period for foreign investors to seek international…
Japanese investors' $4 trillion 'carry trade' begins to slowly unwind
6 min read Last Updated : Oct 02 2024 | 11:21 PM IST By Ruth Carson, Masaki Kondo and Winnie Hsu Japan’s investors are starting to lose their decades-long infatuation with overseas assets.…
Gold holds ground as investors await US data for further clues
GOLD price held its ground on Tuesday (Oct 1), following a decline of nearly 1 per cent in the previous session, as investors awaited upcoming US data for insights on potential interest…
F&B, grocery players like Sheng Siong, DFI still whet appetite of investors
DESPITE a fiercely competitive environment, Singapore-listed food and beverage (F&B) players are still a draw for investors. The thirst for yield has also drawn private equity interest to…
US: Wall St opens lower as investors await economic data, Powell's comments
Wall Street’s main indexes opened lower on Monday (Sep 30) as investors paused after a rally in the previous week and exercised caution ahead of numerous job reports and comments from…
Nearly 63% of investors on the Grip Invest platform are millennials
1 min read Last Updated : Sep 26 2024 | 8:21 PM IST About 63 per cent of all investors on the Grip Invest platform are millennials, said Grip Invest in a report. Grip Invest is a digital…
Commerzbank to begin talks with UniCredit as it woos investors with profit goals
Commerzbank will hold a first round of talks with UniCredit on Friday (Sep 27) as the Italian lender presses for a possible tie-up, the German bank’s designated CEO, Bettina Orlopp, said…
Foreign investors cheer China's stimulus from a distance
As the market euphoria to China’s biggest stimulus since the pandemic settles, foreign investors are now asking whether the US$114 billion toolkit will provide the spark needed to turn…
Investors face ‘pain trade’ amid China stimulus: Barclays
INVESTORS who have snubbed stocks tied to Chinese growth may face a “pain trade” after the world’s second-biggest economy unleashed a new stimulus package and the Federal Reserves cut…
Online fraudster on the loose after bilking investors out of millions with fake inventions, websites
Online, the deeds and ingenuity of Dennis Fountaine had no bounds. One website listed the 67-year-old as a “technologist and entrepreneurial inventor” who has been “conceptualizing,…
Why some Silicon Valley investors are backing the Trump-Vance campaign
SAN FRANCISCO — For many years, Republicans and ardent supporters of former President Trump haven’t been super popular in Silicon Valley circles. But the sentiment has shifted in recent…