Business
Boeing bankers grab up to US$300 million in capital raise fees
BOEING’s US$20 billion-plus capital raise delivered four banks a hefty payday just as equity market issuance began to cool ahead of the US…
Section
Business
Business
Chevron flags possible job cuts in US$3 billion cost plan
CHEVRON indicated potential US job cuts as part of a new cost-cutting plan. The US$3 billion in targeted “structural” cost savings will…
Business
Fed reverse repo use declines to lowest in more than three years
THE amount of money investors park at a major Federal Reserve facility dropped below US$200 billion for the first time since May 2021,…
Business
Europe: Stoxx 600 jumps 1% as banks lead market rebound, US election in focus
EUROPE’S main stock index notched its biggest one-day gain in five weeks on Friday (Nov 1), as banks led an overall market rebound after…
Business
Former Cy Young Winner Blake Snell Opts Out Of Contract, Elects Free Agency
Share ✓ Link copied to clipboard! According to MLB insider Bob Nightengale, San Francisco Giants ace Blake Snell has opted out of his…
Business
No Signboard former chairman, CEO Lim Yong Sim fined S$420,000 for price rigging
NO SIGNBOARD’S former executive chairman and chief executive officer Lim Yong Sim was convicted and sentenced to a fine of S$420,000 on…
Business
Parole Examiner Lee Spoilers: Lee Hak Joo Talks About Arrogant Chaebol Villian Ji Myung Seob
Parole Examiner Lee, the upcoming tvN drama starring Go Soo, Kwon Yu Ri, Baek Ji Won, and Lee Hak Joo, is only a couple of weeks away from…
Business
US: Wall St opens higher, boosted by Amazon
Stock indexes opened higher on Friday (Nov 1), as Amazon’s strong earnings mitigated Apple’s weaker China sales and investors weighed a…
Business
Amazon reassures investors with cloud growth, cost-cutting
AMAZON.COM reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and reallocate costs…
Business
CDL acquires 51% stake in Shanghai mixed-used site for 4.6 billion yuan
CITY Developments Ltd (CDL), together with its partner in China, Lianfa Group, have been awarded the tender for a mixed-use development…
Business
Undocumented migrants have no safety net for retirement. Many have no choice but to keep toiling
If Maria del Carmen Díaz, 69, and Jose Carlos Silva, 67, had the retirement of their dreams, they’d own a house somewhere in the…
Business
Singapore stocks edge down on Friday; STI falls 0.1%
SINGAPORE equities closed in the red on Friday (Nov 1) as the market returned from a one-day Deepavali break. The Singapore Exchange’s…
Business
Japan’s largest pension fund GPIF has worst loss since 2020
JAPAN’S government Pension Investment Fund (GPIF) posted its biggest quarterly loss since 2020 as a rebound in the yen erased gains on…
Business
Who Is Rachel Kennedy? Former Playboy Model Claims Diddy Lured Her to Tokyo Freak-Off, Made Her Watch JLo Videos as She Calls Her a 'Monster'
A former Playboy model who claims she was tricked into a "freak off" with Sean "Diddy" Combs describes the disgraced music mogul as a…
Business
Falcon Energy to delist on Nov 15
The High Court in April ordered the company to wind up after multiple failed restructuring attempts OFFSHORE and marine player Falcon…
Business
Parole Examiner Lee Spoilers: Baek Ji Won Shares Crucial Details About Choi Hwa Ran
Actress Baek Ji Won, who will portray legendary loan shark Choi Hwa Ran in the upcoming tvN drama Parole Examiner Lee, recently shared…
Business
Hot stock: Singtel shares fall nearly 2% on heavy trading as investors weigh Optus lawsuit
SHARES of telco giant Singtel saw heavy trading on Friday (Nov 1) after court proceedings against its subsidiary Optus Mobile in Australia…
Business
Brokers’ take: RHB raises Sheng Siong price target to S$2 on earnings growth momentum
RHB on Wednesday (Oct 30) raised its price target for Sheng Siong to S$2 from S$1.88 and kept its “buy” call on the counter. The new price…
Business
Olam said to be in advanced talks with Saudi Arabia to sell agribusiness stake
Saudi Agricultural & Livestock Investment Company currently holds a 35.4% minority stake in Olam Agri after investing US$1.24 billion in…
Business
Olam exploring sale of remaining agribusiness stake to Saudis
OLAM Group has received a non-binding indicative offer for its remaining 64.57 per cent stake in Olam Agri from Saudi Agricultural &…
Business
Hot stock: Olam surges to record high on potential agribusiness stake sale
Saudi Agricultural & Livestock Investment Company now holds a 35.4% minority stake in Olam Agri after investing US$1.24 billion in the…
Business
Stocks to watch: Singtel, Wilmar, First Reit
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 1): Singtel: The Australian…
Business
Amazon results beat expectations, powered by cloud
E-COMMERCE giant Amazon reported stronger-than-expected third quarter results on Thursday, with significant growth in cloud computing and…
Business
Apple results top Wall Street targets on strong iPhone sales, shares slip on outlook
APPLE’S AI-enhanced iPhone made a strong start, helping push quarterly sales ahead of Wall Street expectations, but questions about…