News
OUE raises stake in OUE Healthcare to 89.7% with S$20.7 million share purchase
[ad_1] OUE says the transaction is in line with its commitment to the longer-term prospects of OUE Healthcare’s core business[SINGAPORE] OUE has agreed to acquire a 19.3 per cent stake...
SBI Shinsei Bank to debut after second-biggest Japan IPO of 2025
[ad_1] The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high[TOKYO] SBI Shinsei Bank will start trading in Tokyo on Wednesday (Dec 17)...
SBI Shinsei Bank soars 11% from IPO price in Tokyo trading debut
[ad_1] The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high[TOKYO] SBI Shinsei Bank surged as much as 11 per cent in its...
Warner Bros likely to reject US$108 billion Paramount bid, back Netflix in bidding war: sources
[ad_1] WARNER Bros Discovery’s board could announce a decision as early as Wednesday on Paramount Skydance’s US$108.4 billion takeover bid, with the board likely to advise shareholders to vote against...
Chagee, Mixue, Scarlett, Xiang Xiang: Expanding in Singapore’s cut-throat F&B business
[ad_1] Even industry leaders such as Eggslut and Haidilao have been forced to exit or dial back expansion plans[SINGAPORE] In 2025, eateries have shut down faster than you can say...
Grok spews misinformation about deadly Australia shooting
[ad_1] ELON Musk’s AI chatbot Grok churned out misinformation about Australia’s Bondi Beach mass shooting, misidentifying a key figure who saved lives and falsely claiming that a victim staged his injuries, researchers...
Oil settles near five-year low amid ample supply, Russia-Ukraine progress
[ad_1] [DENVER] Oil futures settled at their lowest level since February 2021 on Tuesday amid ongoing jitters surrounding oversupply and as the prospect of a Russia-Ukraine peace deal appeared to strengthen,...
US stocks ends mixed after paring earlier losses
[ad_1] WALL Street’s main indexes pared some losses on Tuesday afternoon with the Nasdaq closing up, and the S&P 500 and the Dow closing lower, impacted by declines in healthcare...
Property tycoon Gordon Tang to acquire Suntec Reit manager
[ad_1] Tang and his affiliates currently own 35.7% of Suntec Reit, while the Reit manager ESR Trust Management (Suntec) owns 10.8%[SINGAPORE] Acrophyte Asset Management, controlled by property tycoon Gordon Tang,...
Pfizer forecasts 2026 profit below expectations on lower Covid product sales
[ad_1] Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales[WASHINGTON] Pfizer on Tuesday (Dec 16) forecast 2026 profit below Wall Street estimates...
