BOJ cuts monthly bond purchase amount by 400 billion yen
The Bank of Japan on Friday (Dec 26) announced a 400 billion yen (S$3.28 billion) reduction in its monthly bond purchases, continuing its gradual retreat from the market it came to…
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purchase
Sembcorp’s purchase of Alinta has green risks
Post-acquisition, the Australian utility may present significant capital expenditures or a slower-than-expected green transition At the heart of Sembcorp’s plan to buy Australian utility…
OUE raises stake in OUE Healthcare to 89.7% with S$20.7 million share purchase
OUE says the transaction is in line with its commitment to the longer-term prospects of OUE Healthcare’s core business OUE has agreed to acquire a 19.3 per cent stake in Catalist-listed…
Keppel Reit’s dilutive purchase of MBFC Tower 3 a gamble on the sensibilities of S-Reit investors
A quick rebound from its sell-off last week might suggest investors are prepared to stomach some DPU dilution for the right deal at the right time It has been a pretty good year for…
Prada seals $1.4 billion deal to purchase fashion rival Versace
The Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s…
Xiaomi founder Lei Jun’s HK$100 million share purchase sparks stock rebound
Xiaomi founder Lei Jun’s purchase of about HK$100 million (S$16.8 million) worth of company stock may help bolster sentiment in the smartphone maker after shares tumbled more than 30 per…
Zalando Q3 Revenues Rise Rapidly on Back of About You Purchase
Revenues at Zalando, one of Europe’s largest online fashion retailing platforms, rose 26.5 percent over the third quarter and totaled 3.02 billion euros. The German company’s gross…
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first pure-play retail purchase
This marks its expansion into the retail sector, the manager’s chief executive says Keppel Real Estate Investment Trust (Reit) has entered an agreement to acquire a 75 per cent interest in…
Indonesia’s Pertamina says fuel retailer Vivo agrees to purchase petrol
Indonesia state energy firm Pertamina said that fuel retailer Vivo Energy Indonesia (Vivo) has agreed to buy 40,000 barrels of petrol, out of the 100,000 barrel cargo Pertamina has…
Turkish Airlines plans huge Boeing purchase, following President Erdoğan’s meeting with Trump
Turkish Airlines, Turkey’s national carrier, has announced plans to add 225 Boeing aircraft to its fleet. In an a declaration to the Istanbul Stock Exchange on Friday, the airline said it…
With stock purchase, Elon Musk signals confidence in Tesla's self-driving tech
In a move that boosted Tesla’s stock in midday trading on Monday, it was revealed that Chief Executive Elon Musk purchased approximately $1 billion worth of the company’s shares. The vote…
Whisky maker Suntory’s CEO resigns after possible purchase of illegal supplements
Suntory Holdings CEO Takeshi Niinami, one of Japan’s best-known business leaders, has resigned from the beverage group following a police investigation into his purchase of a supplement…
India reacts to Trump’s 50% tariffs with pause on U.S. weapons purchase
New Delhi has put on hold its plans to procure new U.S. weapons and aircraft, according to three Indian officials familiar with the matter, in India’s first concrete sign of discontent…
Michael Saylor’s Strategy owns 3% of Bitcoin in circulation after latest purchase
The cryptocurrency has risen about 1,100% during the same period, while S&P 500 has increased around 120% Michael Saylor’s Strategy now owns more than 3 per cent of all the…
Trump says nations that purchase oil from Iran will be banned from doing business with U.S.
President Trump warned of new secondary oil sanctions against Iran Thursday and described harrowing accounts from freed hostages who were held captive by Hamas terrorists in their attacks…
Apple must halt non-App Store sales commissions, judge says
Apple Inc. violated a court order requiring it to open up the App Store to third-party payment options and must stop charging commissions on purchases outside its software marketplace, a…
Scan First, Buy Second: How the Yuka App Broke Through — and Changed the Way People Purchase Food and Beauty Products
“Global impact” may not have been item number one on Yuka’s to-do list when the app launched in 2017, but it sure is now. And for good reason: the product-scanning app, cofounded in Paris…
Singapore investors lead Asean peers with 22% surge in purchase of gold bars, coins in 2024
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…
Why Donald Trump can't actually buy Greenland, according to experts
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,…
Greenland says no thanks to Trump purchase idea — again
WASHINGTON — If President-elect Donald Trump’s assertion that the United States should have control of Greenland sounds familiar, that’s because he’s said it before — during his first term…
Sembcorp unit inks second power purchase agreement with Equinix
It will supply the US data-centre firm a maximum capacity of 58.5 MWp from its renewable energy portfolio SEMBCORP Industries’ wholly owned subsidiary, Sembcorp Power, has signed a second…
Keppel DC Reit unveils S$1-billion unit placement, preferential offer to fund purchase of data centres
THE manager of Keppel DC Reit plans to launch an equity funding exercise to raise gross proceeds of about S$1 billion, it announced on Tuesday (Nov 19). This comprises a private placement…
Philippines Approves Purchase of 40 Patrol Boats Amid China Spat
(Bloomberg) -- The Philippines has approved the purchase of 40 fast patrol craft worth 25.8 billion pesos ($441 million), seeking to bolster maritime security as tensions with Beijing in…
Turkey expects 'positive signals' from Berlin on Eurofighter purchase
The Turkish government expects Germany to enable progress in its long-discussed purchase of ultimately 40 Eurofighter jets, sources familiar with the matter told dpa on Thursday. Ankara is…