Entrepreneurship

Japan’s Nikkei falls back from record as yen rallies, tech shares retreat
[ad_1] [TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday, as the yen’s rebound weighed on exporters and a red-hot rally in technology shares lost steam.The...
RHB initiates “buy” on Coliwoo amid rising expat, foreign student demand
[ad_1] The bank assigns it a target price of S$0.82, a 41% upside from its latest closing price of S$0.58 on Wednesday[SINGAPORE] RHB has initiated coverage on co-living operator Coliwoo...
BHP, Rio Tinto are joining forces to boost iron ore pipeline
[ad_1] Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of existing infrastructure[MELBOURNE] BHP Group and Rio Tinto Group, the...
Wells Fargo misses profit estimates on severance costs, shares fall
[ad_1] WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as part of CEO Charlie Scharf’s effort to streamline...
DBS lifts target price of ST Engineering, Sats; cuts SIAEC to ‘hold’
[ad_1] [SINGAPORE] DBS Group Research downgraded SIA Engineering Company (SIAEC) to “hold” and raised its target prices for ST Engineering and Sats , as it advised investors to shift their...
Singapore shares edge lower at Thursday’s open; STI dips 0.1%
[ad_1] Investors continue to wait in uncertainty after the US Supreme Court did not issue a ruling on the challenges to ‘Liberation Day’ tariffs[SINGAPORE] Singapore stocks edged lower at market...
KKR Asia credit fund draws 75% new investors as decoupling rises
[ad_1] The optimism around Asian private credit runs counter to a broader global pullback[HONG KONG] KKR raised three-quarters of its US$2.5 billion Asia private credit fund from new investors, as...
UOB prices S$850 million perpetual securities at 3%
[ad_1] [SINGAPORE] UOB has priced S$850 million in perpetual capital securities at 3 per cent under its US$30 billion Global Medium Term Note Programme, the bank announced on Wednesday (Jan...
Sembcorp seeks shareholder approval for Alinta Energy buy at Jan 30 EGM
[ad_1] [SINGAPORE] Sembcorp Industries will seek shareholder approval for its acquisition of Alinta Energy, it said in a bourse filing on Thursday (Jan 15). The extraordinary general meeting (EGM) will...
The STI had a record-breaking 2025, but one SGX-listed ETF drew even more inflows
[ad_1] [SINGAPORE] In the past year, retail investors booked S$2.6 billion of net inflows into Singapore stocks, bringing net retail inflows for the past six years to S$17 billion. DBS...
Fed survey suggests slight upgrade to US economy
[ad_1] Financial markets expect the Fed to leave interest rates unchanged at its January meetingECONOMIC activity increased in most parts of the US and employment was mostly unchanged in recent...
Why the SGX-Nasdaq dual listing bridge suits Temasek and GIC portfolio companies
[ad_1] The bridge allows firms to access both investor bases in parallel, cutting cost and complexity relative to separate listings [SINGAPORE] As more details emerge over the proposed dual listing...