Entrepreneurship
CDL sells 14 billion yen Osaka hotel to Blackstone-managed real estate funds
[ad_1] The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts [SINGAPORE] City Developments Limited (CDL) is proposing to divest a hotel in Osaka, Japan,...
Starbucks Malaysia operator sees business rebound after boycotts
[ad_1] The company is also preparing to expand in Nordic countries, where it has the rights to the brand[KUALA LUMPUR] The operator of Starbucks in Malaysia says business is gradually...
Major Indonesia nickel plant cuts output as waste piles up
[ad_1] HPAL producers have also been contending with the higher cost of sulphur, a chemical used to produce acid[SINGAPORE] A majority Chinese-owned plant at Indonesia’s most important nickel site is...
Gold holds steady as rising US rate-cut bets offset dollar strength
[ad_1] [BENGALURU] Gold prices held steady on Tuesday (Nov 25) after rising nearly 2 per cent in the previous session, as increasing prospects of a US rate cut in December...
New owners to revive fish farms vacated by troubled Apollo, Barramundi groups
[ad_1] [SINGAPORE] Two fish farming facilities that had been given up by firms exiting the local aquaculture industry have been acquired by local companies to pursue new farming ventures, The...
August Global Partners raises US$150 million in final close of Healthcare fund
[ad_1] The fund seeks opportunities in healthtech, advanced manufacturing, digital health and precision medicine[SINGAPORE] Fund manager August Global Partners (AGP) has raised US$150 million in the final close of its...
Apple cuts jobs across its sales organisation in rare layoff
[ad_1] Employees who lost their jobs have until Jan 20 to secure another position within the company or they will be terminated with a severance package[LOS ANGELES] Apple has eliminated...
US: Wall Street ends higher on tech rebound, rising rate cut bets
[ad_1] [NEW YORK] Wall Street stocks closed higher on Monday (Nov 24), extending on Friday’s rally as increased odds that the US Federal Reserve will lower its Fed funds target...
US: Wall Street opens higher on Fed interest rate-cut expectations
[ad_1] [NEW YORK] Wall Street’s main indexes opened higher on Monday (Nov 24), buoyed by expectations of an imminent Federal Reserve interest rate cut in December, while investors were also...
Singapore stocks rise amid mixed regional trading; STI up 0.6%
[ad_1] Across the broader market, gainers outnumber losers 336 to 238 after 2.1 billion securities worth S$3.2 billion change hands[SINGAPORE] Singapore stocks ended higher on Monday (Nov 24) amid mixed...
