Entrepreneurship
Hedge funds are using options to bet on year-end US dollar gain
[SINGAPORE] Hedge funds worldwide look to be favouring the US dollar in the option market as they bet that the currency’s rebound versus most major peers will extend into...
Singapore stocks buck regional trend; STI down 0.4%
All three local banks end lower; Genting Singapore is the most actively traded counter on the STI for the second day running [SINGAPORE] Local shares ended Thursday (Oct 8)...
Porsche’s China sales slump 21% on muted luxury demand
The manufacturer is shaking up its leadership and cutting jobs as part of a broader effort to get back on track[BEIJING] Porsche’s sales in China fell 21 per cent...
SGX to sharpen focus on ecosystem initiatives to sustain equity market growth
[SINGAPORE] To maintain the momentum of the recent uplift in local equities, the Singapore Exchange (SGX) will focus on expanding its product offerings and advancing ecosystem-wide initiatives. This, said...
Singapore 6-month T-bill cut-off yield stays flat at 1.44% after turnaround at previous auction
This is unchanged from the 1.44 per cent offered in the last six-month auction that closed on Sep 25[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill)...
Competition watchdog clears Econ Healthcare acquisition, says deal has not substantially lessened competition
This is in view of the low market shares of the parties involved in the acquisition, among other reasons [SINGAPORE] Singapore’s competition regulator has cleared US private equity firm...
Clear pathways to growth and prosperity in Asia amid global uncertainty: OCBC’s Tan Teck Long
The ‘golden era of globalisation’ now feels like a distant memory, says the bank’s deputy CEO [SINGAPORE] While the world is facing a landscape marked by geopolitical tensions, trade barriers...
China tightens rare earth export controls, targets defence, semiconductor users
Manufacturers overseas using any Chinese components or machinery must also apply for licences to export controlled items, the ministry says[BEIJING] China tightened its rare earth export controls on Thursday...
Keppel Reit raises S$113 million in private placement for Sydney mall buy
[SINGAPORE] The manager of Keppel Reit on Thursday (Oct 9) announced that the private placement to raise S$113 million for its majority purchase of Top Ryde City Shopping Centre...
Stocks to watch: Keppel Reit, OUE Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Oct 9): Keppel Reit : The manager of the real estate investment trust...
