Business
ADIA, GIC in talks to acquire Pye-Barker Fire & Safety minority stake: sources
The Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC are in advanced talks to acquire a minority stake in Pye-Barker Fire &…
Kim Browne
As an editor at GQ British, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.
Business
Brokers’ take: RHB upgrades UOB to ‘buy’, lifts price target to S$40.20 on positive 2025 outlook
RHB has upgraded its call for UOB to “buy” from “neutral”, while raising its price target for the lender to S$40.20 from S$35.60…
Business
Hot stock: Keppel DC Reit rises 2.3% as investors weigh S$1.4 billion data centre deal, equity fundraising
UNITS of Keppel DC Real Estate Investment Trust (Reit) gained some ground in the morning trading session on Wednesday (Nov 20). As at 9.55…
Business
Hot stock: Keppel DC Reit up 4.6% as investors weigh S$1.4 billion data centre deal, equity fundraising
It remains the top-traded counter in terms of value by mid-day trading break on Wednesday UNITS of Keppel DC Real Estate Investment Trust…
Business
Dyna-Mac loses free float; offeror to exercise right of compulsory acquisition
THE offeror of Dyna-Mac, Hanwha Ocean SG, will make a compulsory acquisition of the company’s shares, it said on Wednesday (Nov 20)…
Business
Keppel DC Reit’s upsized private placement closes at S$2.09 apiece; equity fundraising totals S$1.1 billion
KEPPEL DC Real Estate Investment Trust (Reit) closed its private placement at S$2.09 apiece with 334.9 million new units issued, said the…
News
Trafigura paid bribes via ‘Mr Non-Compliant’: Swiss prosecutors
TRAFIGURA was accused by Swiss prosecutors of channeling bribes to an Angolan official through a network of former employees, including…
Business
Shareholders can gain from DBS buying back shares, even at record prices
Shareholders benefit when companies actively manage capital, whether through dividends or share buybacks CALL me agnostic. I am happy to…
Business
Google’s Anthropic AI deal cleared by UK antitrust agency
GOOGLE’S partnership with AI firm Anthropic has avoided further scrutiny after the UK antitrust watchdog concluded it doesn’t qualify for…
Culture
US: Wall Street opens lower as Russia-Ukraine tensions escalate
Wall Street’s main indexes opened lower on Tuesday (Nov 19), as escalating tensions between Russia and Ukraine sent investors rushing to…
Culture
Resorts World Sentosa’s casino licence renewed for a shorter 2 years, likely due to pandemic-related tourism factors
Gambling Regulatory Authority says there is “a number of areas that require rectification and substantial improvement”, recommends that…
Culture
Resorts World Sentosa gets shortened 2-year licence renewal on ‘unsatisfactory’ tourism performance
THE authorities have renewed the casino licence of Resorts World Sentosa (RWS), an integrated resort (IR) operated by Genting Singapore,…
Business
Walmart raises annual forecasts, betting on strong holiday shopping
WALMART on Tuesday (Nov 19) raised its annual sales and profit forecast for the third consecutive time, with people buying more groceries…
Business
Frencken posts 29.3% rise in Q3 profit to S$9.2 million
SEMICONDUCTOR player Frencken on Tuesday (Nov 19) reported a 29.3 per cent increase in profit to S$9.2 million for the three months ended…
Business
Legal documents no longer needed for small claims on a deceased’s CDP assets
The change means relatives of those who die intestate and have assets of S$5,000 or less need not run up legal costs RELATIVES of those…
Business
US$34 billion asset manager plans to hire in Singapore for climate finance
Mirova currently has 13 employees in Singapore, mostly focused on investment and research Mirova, which manages assets worth about US$34…
Business
XPeng forecasts upbeat fourth quarter revenue as new launches improve demand
CHINESE electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday (Nov 19), as a refreshed…
Business
Nestle to cut costs, boost marketing under new CEO
It aims to achieve cost savings of at least 2.5 billion Swiss francs by 2027, in addition to ongoing savings of around 1.2 billion Swiss…
Business
Gold hits one-week high on softer US dollar; markets await Fed cues
Gold prices climbed to a one-week high on Tuesday (Nov 19), buoyed by a softer US dollar, while the market awaited comments from Federal…
Business
WeWork gives up Singapore locations in sign of co-working woes
WEWORK is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets.…
Business
Hot stock: ST Engineering gains 4% on strong Q3 revenue showing
SHARES of ST Engineering rose in early trade on Tuesday (Nov 19) after the technology and engineering group reported that its…
Business
Marina Bay Sands eyes Singapore’s largest loan of S$12 billion
MARINA Bay Sands is seeking a loan of around S$12 billion, in what would be the largest financing from Singapore, as the company looks to…
Business
Keppel DC Reit to acquire 2 hyperscale data centres from sponsor Keppel for S$1.4 billion
THE manager of Keppel DC Real Estate Investment Trust (Keppel DC Reit) has proposed to acquire interests in two artificial intelligence…
Business
Singapore shares rise at Tuesday’s open; STI up 0.3%
SINGAPORE stocks began trading in positive territory on Tuesday (Nov 19) after global equities ended mixed overnight. As at 9.02 am, the…