Entrepreneurship
US looks to invest in rare-earth firms in race with China
[ad_1] The announcements are the latest in a string of actions taken by the federal government to invest directly in the supply chain of permanent magnet production[NEW YORK] The Commerce...
US: S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky
[ad_1] [NEW YORK] The S&P 500 and the Nasdaq closed higher on Monday, with artificial intelligence-related deals driving much of the gains even as the Federal Reserve’s near-term monetary policy...
India’s Bharti Airtel posts surge in quarterly profit as higher-paying users grow
[ad_1] [BENGALURU] Bharti Airtel, India’s second-largest mobile carrier by number of users, posted its sixth straight quarterly profit rise on Monday (Nov 3), as users upgraded to higher-margin 4G and...
Indonesia central bank chief sees room for another rate cut
[ad_1] [JAKARTA] Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend on rupiah stability and the...
MAS to encourage livelier capital markets for alternative risk financing, strengthening Singapore’s insurance hub status
[ad_1] The central bank will extend its support to cover non-Apac risks and renewable energy products, while continuing to prioritise solutions that address the region’s needs[SINGAPORE] The Monetary Authority of...
Eni, Petronas merge Indonesia, Malaysia assets in joint venture
[ad_1] The new entity, NewCo, will manage 19 assets, 14 in Indonesia and five in Malaysia[ABU DHABI/MILAN] Italy’s Eni and Malaysia’s state energy company Petronas said on Monday (Nov 3)...
CDLHT poised to benefit from interest-rate cuts as hotel outlook improves
[ad_1] [SINGAPORE] CDL Hospitality Trusts (CDLHT) is shaping up to become one of the key beneficiaries of falling interest rates. The weighted average cost of debt for the Singapore-listed real estate...
Singapore share buyback consideration hits 10-year high of S$1.91 billion
[ad_1] [SINGAPORE] Share buybacks on the Singapore Exchange (SGX) have surged to a 10-year high, the local bourse reported on Monday (Nov 3).Companies ramped up repurchases amid broad market volatility....
Chinese jewellers to bear the brunt of gold tax change
[ad_1] The changes will spur more member buying and curb off-book gold trades, pushing volumes to the bourse[SINGAPORE] Chinese jewellers and smaller firms in the gold sector look set to...
CapitaLand Investment and Mapletree Investments mull merger: report
[ad_1] The process is part of recent moves by Temasek-owned entities to evaluate options to reshape portfolio companies into stronger global entities, according to the report[HONG KONG] Two Singapore property...
