Culture

Musk’s X back online to some Brazil users after suspension lifted
October 10, 2024
SOCIAL media giant X was available to some Brazilian users on Wednesday (Oct 9), one day after the country’s Supreme Court cleared billionaire Elon Musk’s platform to resume service...
Gold prices flat ahead of US inflation print
October 10, 2024
GOLD prices were little changed on Thursday (Oct 10), while traders await a key US inflation print due later in the day to gain further clarity of the Federal...
Seven & i restructuring, profit outlook are in focus at earnings
October 10, 2024
SEVEN & i Holdings is set to report quarterly earnings at a critical time, with much of the focus on what it will say about restructuring and its profit...
Powell’s half-point cut is hard to repeat with FOMC in no hurry
October 9, 2024
US FEDERAL Reserve chair Jerome Powell is unlikely to win another big interest-rate cut from his policy committee so long as the labour market holds up.Powell described the move...
China sets terms for merger to create US$226 billion brokerage
October 9, 2024
GUOTAI Junan Securities and Haitong Securities unveiled the terms of their proposed merger to create a state-backed brokerage with US$226 billion in assets to compete with Wall Street firms...
BlackRock is among suitors exploring purchase of credit firm HPS
October 9, 2024
BLACKROCK is among firms exploring a purchase of HPS Investment Partners, according to sources with knowledge of the matter, in a deal that would push the world’s biggest asset...
Hanwha shouldn’t need a majority interest in Dyna-Mac to drive long-term shareholder value
October 9, 2024
INVESTORS appear to be betting heavily that Hanwha Ocean SG will raise its offer price for Dyna-Mac. Shares in the offshore and marine engineering company closed on Wednesday (Oct...
India’s Adani Enterprises launches 166 billion rupees share sale to institutional investors
October 9, 2024
ADANI Enterprises on Wednesday (Oct 9) launched a share sale to institutional investors to raise up to 166 billion rupees (S$2.6 billion), as billionaire Gautam Adani’s flagship firm seeks...
Sias calls for NeraTel shareholders to reject privatisation offer
October 9, 2024
This was also recommended by independent financial advisor SAC Capital and NeraTel’s independent directors TAIWAN-LISTED Ennoconn Corp’s bid to acquire Nera Telecommunications (NeraTel) at S$0.075 a share is being met...
Food Innovators to raise S$3.1 million in Catalist listing
October 9, 2024
RESTAURANT operator Food Innovators Holdings (FIH) is offering 14 million shares at S$0.22 apiece as it seeks to list on the Catalist board of the Singapore Exchange. The 14 million...
Ratan Tata, chairman emeritus of India’s Tata conglomerate, in critical condition
October 9, 2024
Ratan Tata, chairman emeritus of one of India’s biggest conglomerates, Tata Sons, is in critical condition in intensive care at a Mumbai hospital, two sources with direct knowledge of...
Metro acquires freehold Sydney prime office property for A$196.4 million
October 9, 2024
MAINBOARD-LISTED Metro Holdings on Wednesday (Oct 9) announced the acquisition of a freehold prime office property in Sydney, Australia, for A$196.4 million (S$172.3 million). The 27-storey office building is located...