Entrepreneurship
Raffles Education receives letter of demand for 33.7 million yuan from Chinese company
The group believes that the claim, which relates to a 2021 equity transfer, is ‘without merit’[SINGAPORE] Raffles Education has received a letter of demand claiming that it is liable...
STI rises 0.5%, tracking regional indices
Across the broader market, gainers beat losers 330 to 176 after 1.4 billion securities worth S$1.3 billion change hands[SINGAPORE] Shares in the Republic rose on Friday (Aug 22), tracking...
Japan’s 30-year yields hit all-time high ahead of Powell speech
[TOKYO] Japanese 30-year government bond yields climbed to a fresh all-time peak on Friday (Aug 22), tracking a rise in US Treasury yields as investors braced for a speech...
Junior bankers win up to 30% pay hikes in Hong Kong deals boom
[HONG KONG] Citic Securities and other Chinese brokers are raising pay levels again for junior bankers in Hong Kong to boost retention and handle a jump in dealmaking, according...
Aspial Corp jumps 13% after Koh family moves to sell 15 shops for S$71.8 million
Tenants in the East Village units include Liho, Katong Mei Wei Chicken Rice and Hong Kong Street Family Restaurant[SINGAPORE] Shares of retail jeweller Aspial Corporation surged by 13 per...
Asia: Markets tick up as investors eye Jackson Hole meeting
ASIAN markets were mostly up Friday morning ahead of a pivotal speech by the US central bank chief, expected to shed light on possible interest rate cuts in the...
Nio surges 12% after unveiling new ES8 SUV model
Prices of the Chinese EV maker’s latest flagship vehicle start from 308,800 yuan with a battery subscription plan[SINGAPORE] Shares of electric vehicle (EV) manufacturer Nio rose by more than...
Nio surges over 9% after unveiling of new ES8 SUV model
Prices of the Chinese EV maker’s latest flagship vehicle start from 308,800 yuan with a battery subscription plan[SINGAPORE] Shares of electric vehicle (EV) manufacturer Nio rose by more than...
Trump weighs using US$2 billion in Chips Act funding for critical minerals, sources say
THE Trump administration is considering a plan to reallocate at least US$2 billion from the Chips Act to fund critical minerals projects and boost Commerce Secretary Howard Lutnick’s influence...
Oil rises 1% on stalled Russia-Ukraine peace talks, strong US demand
[NEW YORK] Oil prices rose by nearly a dollar a barrel on Thursday as Russia and Ukraine blamed each other for a stalled peace process, and as earlier US data...
