Fashion
KKR, Singtel seek to fully own Singapore data centre firm in US$3.9 billion deal
[ad_1] [SINGAPORE] KKR & Co and Singapore Telecommunications are in advanced talks to buy more than 80 per cent of ST Telemedia Global Data Centres – which would give them...
Commerzbank profit falls 7.9% in Q3, defying expectations for increase
[ad_1] [FRANKFURT] Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, said on Thursday (Nov 6) that net profit fell 7.9 per cent in the third quarter, defying expectations...
DBS general allowance ‘more than adequate’: CEO Tan Su Shan
[ad_1] The bank’s total allowance stood at S$6.4 billion, comprising S$4.1 billion in general allowances and S$2.4 billion in specific allowances.[SINGAPORE] DBS’ general allowance reserves are “more than adequate”, said...
Apollo, KB Securities team up to expand private credit in South Korea
[ad_1] The South Korean firm says that it plans to expand its global private credit footprint and enhance its capabilities in deal sourcing, financing, and arranging[SEOUL] Apollo Global Management has...
SoftBank said to have weighed potential takeover of Marvell
[ad_1] The Japanese conglomerate’s push into the space has gone beyond pure mergers and acquisitions.[NEW YORK] SoftBank Group explored a potential takeover of US chipmaker Marvell Technology earlier this year,...
Nexperia says it halted supply after China unit refused to pay
[ad_1] [NEW YORK] Nexperia said that it suspended supplies to its China factory because the local unit refused to make payments, laying bare the internal discord at the embattled automotive...
Coliwoo opens at S$0.615, 2.5% above IPO price
[ad_1] [SINGAPORE] Co-living business Coliwoo opened at S$0.615 on its listing debut on Thursday (Nov 6) on the Singapore Exchange, about 2.5 per cent above its initial public offering (IPO)...
UOB shares end 2.8% down after Q3 profit tumbles
[ad_1] [SINGAPORE] Shares of UOB plunged as much as about 4.6 per cent on Thursday (Nov 6) after it reported a 72 per cent year-on-year decline in net profit for...
Pony AI, WeRide may fall in Hong Kong after duelling robotaxi listings
[ad_1] While much of that headway is being made domestically, the Chinese companies are standing up operations in places such as Dubai, Abu Dhabi and Singapore[HONG KONG] Pony AI and...
Lendlease Reit raises S$280 million in private placement
[ad_1] [SINGAPORE] The manager of Lendlease Global Commercial Real Estate Investment Trust (Reit) on Thursday (Nov 6) announced the successful completion of a private placement of around S$280 million, up...
