News
Thai Airways exits debt restructuring plan with court approval
[ad_1] [BANGKOK] Thai Airways International won court approval to exit a debt restructuring programme, paving the way for resumption of trading in its stocks after a four-year gap.The Central Bankruptcy...
Competition watchdog flags Agoda’s Singapore website, mobile app for potentially misleading features
[ad_1] [SINGAPORE] Singapore’s competition watchdog has raised concerns with Agoda over several design features on its Singapore website and mobile application that were found to be potentially misleading. A number...
Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos
[ad_1] [SYDNEY] Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, the two firms said on Monday (Jun 16).Santos’...
Leonard Lauder, billionaire heir to cosmetics empire, dies at 92
[ad_1] [WASHINGTON] Leonard Lauder, who built Estee Lauder into one of the world’s biggest cosmetics makers and catapulted himself into the top echelon of wealthiest New Yorkers, has died. He...
Some SGX-listed energy stocks surge as oil prices rally on Israel-Iran conflict
[ad_1] [SINGAPORE] Shares of oil and gas companies listed on the Singapore Exchange (SGX) such as Rex International and RH PetroGas rose by more than 6 per cent at the...
Stocks to watch: Suntec Reit, ESR Reit, Sabana Industrial Reit, Acrophyte Hospitality Trust, Fu Yu
[ad_1] [SINGAPORE] THE following companies saw new developments that may affect trading of their securities on Monday (Jun 16): Suntec Reit; ESR Reit; Sabana Industrial Reit; Acrophyte Hospitality Trust: ESR...
Australia’s ASX shares slide as regulator launches probe into ‘serious failures’
[ad_1] SHARES of Australian bourse operator ASX dropped on Monday after the country’s securities regulator launched an investigation into the company, citing “repeated and serious” operational failures.Shares of ASX were...
Gucci owner Kering turns to Renault CEO in turnaround bid
[ad_1] [PARIS] Kering is set to name the chief executive officer of Renault as its next CEO, looking to an Italian manager who’s turned around the French automaker to perform...
Fed on hold leaves Wall Street asking what it will take to cut interest rates
[ad_1] [NEW YORK] With US Federal Reserve officials signalling an extended hold on interest rates, investors and economists will look to chair Jerome Powell this week for clues on what...
Perennial explores Reit listings in China with ‘aggressive’ expansion in medical, eldercare sectors
[ad_1] [SINGAPORE] Property player Perennial Holdings is exploring real estate investment trust (Reit) listings in China – one for commercial properties and another for healthcare assets, the company’s chief executive,...
Fu Yu’s independent directors resign, leaving the CEO as the only director
[ad_1] [SINGAPORE] All of Fu Yu Corporation’s independent directors have resigned, indicated bourse announcements on Sunday (Jun 15).Independent directors Royston Tan and non-executive chairman Christopher Huang have resigned due to...
