Culture

Maryland sues cargo ship owner, operator over Baltimore bridge collapse
September 24, 2024
THE state of Maryland on Tuesday (Sep 24) filed civil claims against the owner and operator of the cargo ship that struck the Francis Scott Key Bridge in March,...
Raspberry Pi rally bucks trend of London IPO disappointments
September 24, 2024
It is the only counter with a stock price higher than its offering, of the companies that raised at least US$100 million over the past three years and are...
US: Wall St opens higher, China stimulus boosts miners
September 24, 2024
Wall Street’s main indexes opened slightly higher on Tuesday (Sep 24), as investors scoured for clues on what the Federal Reserve’s next policy move might be, while commodity stocks...
Lenders line up more than 10 billion euros for Sanofi health unit buyout
September 24, 2024
BANKS and other lenders are lining up more than 10 billion euros (S$14.3 billion) of debt to back a buyout of Sanofi’s consumer health division, as one of the...
Frasers Hospitality Trust managers appoint Benjamin Kuah as CFO
September 24, 2024
He is currently the head of finance at Frasers Hospitality International, a role that he took up in January 2024THE managers of Frasers Hospitality Trust – a stapled group...
Boeing expects disruption 2 to 3 weeks beyond end of strike, says Ryanair
September 24, 2024
Ryanair had been assured by Boeing that the timing of the delivery of 30 737 MAX jets due by next June would not be affected if the strike ended...
China’s big-bang stimulus boosts renminbi; Aussie up after RBA
September 24, 2024
CHINA’S renminbi hit a 16-month high on Tuesday (Sep 24), after stimulus measures infused broader markets with enthusiasm and boosted the euro, while the Australian dollar touched a 2024...
China probes Calvin Klein parent over suspected Xinjiang boycott
September 24, 2024
CHINA said it will investigate US apparel maker PVH for suspected boycotting of cotton sourced from its Xinjiang region, a probe that could lead to punishment for the parent...
Indonesia to launch central counterparty clearing house next week
September 24, 2024
INDONESIA will launch a central counterparty clearing house (CCP) next week for foreign exchange and money market transactions, its central bank said on Tuesday (Sep 24), as it aims...
STI cedes gains, bucks regional trend
September 24, 2024
THE Straits Times Index (STI) faltered on Tuesday (Sep 24), as regional indices posted gains at the end of the trading day. The STI was down 0.4 per cent or...
KKR, GIC hire banks to sell stakes in US$3.2 billion Metro Pacific Health, sources say
September 24, 2024
The two hold an 80% stake in the private hospital group, and Metro Pacific Investments owns the restGLOBAL investment company KKR and Singaporean sovereign wealth fund GIC have appointed...
India’s first AI unicorn Fractal mulls US$500 million IPO
September 24, 2024
FRACTAL Analytics, a provider of artificial intelligence (AI) services, is considering filing for an initial public offering (IPO) in Mumbai as soon as November to raise US$500 million, sources...