News
iX Biopharma raises gross proceeds of S$6.7 million from placement
[ad_1] The group intends to raise at least S$5 million from the exercise, with new shares issued at S$0.10 apiece[SINGAPORE] Singapore-based speciality pharmaceutical and nutraceutical company iX Biopharma raised gross...
Directors at beverage distributor Ascent Bridge quit, citing governance lapses; board rejects claims
[ad_1] A requisition for an extraordinary general meeting to oust these directors has been withdrawn[SINGAPORE] A boardroom battle at Ascent Bridge has culminated in the resignation of three independent directors,...
SGAG parent company Hepmil sold to French Publicis Groupe for undisclosed fee
[ad_1] Established in 2015, Hepmil has a network of over 3,000 creators with a total reach exceeding 1 billion in six South-east Asian markets[SINGAPORE] Advertising and public relations giant Publicis...
Fed to cut rates, but with no added signal
[ad_1] Federal funds futures indicate investors see a quarter-point cut as nearly a certainty[NEW YORK] Expectations are set for two things from this week’s US Federal Reserve meeting: Officials will...
Gold rebounds on bargain hunting ahead of Fed verdict
[ad_1] [BENGALURU] Gold prices edged higher on Wednesday (Oct 29) as bargain hunters stepped in after bullion dropped to a three-week low in the previous session, with investors now awaiting...
Data centres, EVs and renewables spur Singapore to ‘future-proof’ its grid: Tan See Leng
[ad_1] The intermittency of solar and wind power introduces new operational challenges for the grid[SINGAPORE] Keeping Singapore’s lights on is set to get more complex – with the Republic’s plans...
ESR-Reit Q3 NPI up 28.6% at S$247.8 million amid higher contributions from existing properties
[ad_1] Distributable income rises 6.8% year on year to S$134.6 million, from S$126 million[SINGAPORE] The manager of ESR Real Estate Investment Trust (ESR-Reit) on Wednesday (Oct 29) posted a 28.6...
Nvidia supplier SK Hynix posts record quarterly profit, meets forecasts
[ad_1] [SEOUL] South Korea’s SK Hynix posted on Wednesday a record quarterly profit, spurred by an artificial intelligence boom that has driven up demand for both advanced chips and conventional...
Oil falls 2% as investors weigh Russia sanctions, Opec+ output plans
[ad_1] [HOUSTON] Oil prices slipped about 2 per cent on Tuesday, marking a third straight day of declines as investors considered the impact of US sanctions against Russia’s two biggest oil companies on global...
News Analysis: Trade deal or trade truce? Questions remain as Trump meets with China’s Xi
[ad_1] WASHINGTON — President Trump faces the most important international meeting of his second term so far on Thursday: face-to-face negotiations with Xi Jinping, who has made China a formidable economic and...
