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FLCT to acquire Tuas logistics facility for S$140.3 million
Trust’s portfolio of logistics and industrial assets will increase from 70.9% to 71.5% after the acquisition is completedFRASERS Logistics & Commercial Trust (FLCT) is set to acquire a six-storey...
UniCredit in court limbo over ECB’s Russia demands: sources
UNICREDIT is still awaiting a court decision over whether it must immediately reduce its Russia business to comply with an order by the European Central Bank (ECB), months after...
UOB Kay Hian cleared to resume IPO and RTO activities following moratorium lift
SINGAPORE Exchange Regulation (SGX RegCo) has lifted a moratorium on UOB Kay Hian (UOBKH) with immediate effect.This allows the brokerage to resume its role as issue manager and full...
Blackstone’s credit arm is now its top business, fuelling profits
BLACKSTONE posted an increase in third-quarter profit as its credit arm was boosted by an influx of investor cash and became its biggest business by assets.
Distributable earnings climbed 5.5...
AI is supposed to be Hollywood’s next big thing. What’s taking so long?
As AI technology advances, industry observers expect to see more deals between tech companies, studios and talent. But major challenges remain. Source link
Export growth lifts investor sentiment; STI up 1%
SINGAPORE shares ended higher on Thursday (Oct 17) after the release of September’s export data.The benchmark Straits Times Index (STI) was up 1 per cent or 34.63 points at...
🤑 Is financial freedom just about getting rich quick and retiring early? Here’s what we think
🧮 Numbers gameWe’re familiar with various financial goals such as saving S$100,000 by 30, or retiring by 45 with enough to live comfortably for the rest of one’s life. But...
Goldman Sachs, Morgan Stanley sell combined US$11 billion in bonds
GOLDMAN Sachs and Morgan Stanley sold a combined US$11.3 billion in investment-grade bonds on Wednesday (Oct 16), after both banks posted earnings that surpassed analyst expectations.Both sales came a...
Germany’s Merck open to more M&A for its Life Science division
GERMAN science and technology group Merck is open to more acquisitions for its Life Science business after announcing in May it would buy Mirus Bio for US$600 million, it...
China woes drag down Pernod Ricard first quarter sales
FRENCH spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than-expected fall in first quarter sales, caused...
