Business
This newly listed stock soared 500% in 3 months - what’s its rocket fuel?
Shares of semiconductor optics company Metaoptics dived as much as 18 per cent on Monday (Dec 8) morning. The counter opened at S$1.26 on…
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Business
Business
Metaoptics drops 18% on profit-taking after soaring for 3 months
Shares of semiconductor optics company MetaOptics dived as much as 18 per cent on Monday (Dec 8) morning. The counter opened at S$1.26 on…
Business
Asian stocks stagger as traders prepare for expected US rate cut
Asian equities drifted on Monday (Dec 8) as investors gear up for an expected US interest rate cut this week, with debate centring on the…
Business
Too big to fail? IndiGo crisis exposes risks in Indian aviation
With US$9 billion in revenues and US$807 million in profits last fiscal year, the airline dominates India’s aviation sector A wave of…
Business
Ex-Nvidia manager worth US$4.3 billion after blockbuster China IPO
In late 2023, Zhang Jianzhong faced one of the darkest hours of his career. His Chinese startup, Moore Threads Technology, was forced to…
Business
Robinhood to enter Indonesia with brokerage, crypto trader acquisition
The country has more than 19 million capital market investors and 17 million cryptocurrency traders Robinhood Markets will acquire…
Business
Gold gains as Fed rate-cut optimism dents dollar
Dovish commentary from several Fed officials has further fuelled expectations of monetary easing Gold prices edged higher on Monday (Dec…
Business
United Food receives two letters of demand from WongPartnership
United Food announced on Friday (Dec 5) that it received two letters of demand dated Dec 3 from WongPartnership, on behalf of the firm…
Business
WongPartnership issues payment demand to United Food for S$358,000 in unpaid professional fees
United Food announced on Friday (Dec 5) that it received two letters of demand dated Dec 3 from WongPartnership, on behalf of the firm…
Business
WongPartnership issues payment demand to United Food for S$358,000 in unpaid fees
United Food announced on Friday (Dec 5) that it received two letters of demand dated Dec 3 from WongPartnership, on behalf of the firm…
Business
Sembcorp confirms talks to buy Australia’s Alinta Energy from Chow Tai Fook
Sembcorp Industries on Monday (Dec 8) confirmed that it is in talks to buy Australian’s Alinta Energy, the country’s fourth biggest…
Business
Trump warns Netflix-Warner deal may pose antitrust ‘problem’
US President Donald Trump raised potential antitrust concerns for Netflix’s planned acquisition of Warner Bros Discovery, noting that the…
Business
Stocks to watch: Sembcorp Industries, Singapore Paincare, Rex International
The following companies saw new developments that may affect trading of their securities on Monday (Dec 8): Sembcorp Industries: The…
Business
Offshore specialist Yinson Production eyes IPO, among other exit options for investors
The Singapore-based company is expanding into carbon capture and storage, while eyeing opportunities in Namibia Armed with a US$1 billion…
Business
Will UltraGreen.ai be able to shine in a market dominated by big, dividend-paying companies?
As the newly listed stock slides below its IPO price, DFI Retail Group is soaring on plans to boost its profitability and lift its…
Business
Silver hits fresh record as strong ETF inflows sustain rally
The metal’s recent surge has also been supported by rising expectations the US Federal Reserve will lower interest rates at its meeting…
Business
Brookfield, GIC near binding offer for National Storage: sources
The parties are finalising details of a transaction that could be announced as soon as Monday Brookfield Asset Management and GIC are…
Business
GIC, Brookfield agree S$3.4b deal for Sydney-listed National Storage
Brookfield Asset Management and Singapore’s GIC agreed to a binding deal with National Storage Reit (NSR) to buy the Sydney-listed firm…
Business
GIC, Brookfield agree to S$3.4b deal for Sydney-listed National Storage
Singapore sovereign fund and the global alternative asset manager will pay A$2.86 per share in cash Singapore’s GIC and Australia’s…
Business
India regulator orders IndiGo CEO to explain mass cancellation
Disruption in IndiGo’s services has made the ongoing crisis one of the country’s worst air disruptions Indian regulators held IndiGo’s…
Business
India regulator orders IndiGo CEO to explain mass cancellations
Disruption in IndiGo’s services has made the ongoing crisis one of the country’s worst air disruptions Indian regulators held IndiGo’s…
Business
India’s regulators order IndiGo CEO to explain mass cancellations
Interruption in IndiGo’s services has made the ongoing crisis one of the country’s worst air disruptions Indian regulators held IndiGo’s…
Business
UBS may cut further 10,000 jobs by 2027: report
The bank has been cutting jobs as a result of the integration of former rival Credit Suisse UBS may cut an additional 10,000 jobs by 2027,…
Business
Fed likely to trim rates again this week, but it could be a ‘hawkish’ cut
Futures markets are pricing in a near certainty that it will cut rates by another quarter of a percentage point, bringing them down to a…