Fashion
Global borrowing binge brings record US$600 billion of bond sales
Companies and governments around the globe spent the past month streaming into debt markets, seizing on declining interest rates ahead of an uncertain US presidential election that many fear...
Adani flagship’s US$1.3 billion share sale said to start next week
Billionaire Gautam Adani’s flagship firm plans to roll out its share sale as early as next week, according to people familiar, marking its return to public equity markets after...
Goldman Sachs trades £1 billion in Thames Water debt
Goldman Sachs Group executed more than £1 billion (S$1.7 billion) of trades in Thames Water’s bonds in September, as it made a market between original investors exiting the beleaguered...
Samsung India protests escalate, police detain over 900 workers, union members
INDIAN police on Tuesday (Oct 1) said they had detained 912 Samsung Electronics workers and union members for organising a street protest, as a strike at the South Korean...
ThaiBev revives IPO plan for beer unit, eyes potential partners
Thai Beverage is reviving plans for an initial public offering of its beer unit to take advantage of a rally in global stock markets, besides weighing the induction of...
Singapore shares decline amid mixed regional showing; STI down 0.1%
SINGAPORE stocks fell into the red on Tuesday (Oct 1), even as most regional markets ended mixed.The benchmark Straits Times Index (STI) fell 0.1 per cent or 4.33 points...
Malaysia’s Petronas to supply gas to Sabah Electricity
MALAYSIA’S Petronas will supply gas to Sabah Electricity for power generation in the regions of Sabah and Labuan, the state-owned energy firm said on Tuesday (Oct 1).
Under a five-year...
Pfizer raises US$3.2 billion by selling part of Haleon stake
Pfizer increased the number of shares to 640 million from 540 million after the sale beganPfizer has raised about US$3.2 billion from the sale of Haleon shares, as it...
SID launches initiatives to build director competencies
TO strengthen the competencies at the top of Singapore companies, the Singapore Institute of Directors (SID) unveiled a slew of new initiatives at its Directors Conference 2024. These come...
Azalea’s Altrium funds close at over US$200 million each
Both funds have attracted investors that include institutions, private banks, family offices, external asset managers and high-net-worth individualsAZALEA Investment Management has announced the final closings of its two Altrium...
US port strikes to boost global shipping rates despite earlier front-loading of peak season demand
Prices spiked in July as companies scheduled shipments before the usual year-end peak periodTHE year-end peak shipping season has been quieter than usual, as companies brought forward shipments amid...
