Entrepreneurship
Stocks to watch: CapitaLand Ascendas Reit, Seatrium, Sembcorp, mm2 Asia, Singapore Paincare
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 29).CapitaLand Ascendas Reit (CLAR): The company reported that it has raised S$500...
US firms plan to pass Trump tariff costs to consumers: Federal Reserve minutes
[WASHINGTON] US firms have warned the Federal Reserve that the cost of President Donald Trump’s tariffs will likely be borne by consumers, according to minutes of the bank’s most recent...
Factory that symbolised Nissan’s rise may become victim of its decline
[YOKOSUKA, Japan] When Nissan’s Oppama plant opened in 1961, it was one of Japan’s first large-scale auto factories and a symbol of the company’s global ambitions. Sixty-four years and...
Europe: Stocks close lower as caution lingers on US trade policy progress
EUROPE’S main stock index closed lower amid broader declines on Wednesday as investors monitored progress in trade negotiations with the United States and assessed a slate of economic data...
HP plunges after cutting profit outlook on tariffs, economy
[SEATTLE] HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings forecast, pointing towards a...
Singapore Paincare receives privatisation offer at S$0.16 per share
[SINGAPORE] Medical-services company Singapore Paincare has received an acquisition bid for S$0.16 a share from Advance Bridge Healthcare, a management consultancy for healthcare services. This values the company at...
CDL, MCL Land marketing Piccadilly Galleria retail podium for sale at lower price of $67.5m
[SINGAPORE] Piccadilly Grand’s retail podium is up for sale for S$67.5 million, at a lower price after an earlier expression of interest exercise closed in November 2024. The ground-floor retail...
Exxon enters talks to sell French business for 400 million euros
[LONDON] ExxonMobil entered exclusive talks to sell its entire 82.89 per cent stake in French unit Esso SAF, including a key refinery, to North Atlantic France SAS for about...
Nissan offers buyouts to US workers, halts global pay rises, internal e-mails show
[TOKYO] Japan’s Nissan has started offering buyouts to US workers and has suspended merit-based wage increases worldwide, internal e-mails reviewed by Reuters showed, as the automaker expands cost cuts...
Singapore Savings Bond demand falls short; 10-year average return drops to 2.56%
The June tranche receives a total of S$302.9 million in applications for the S$500 million offered[SINGAPORE] The latest Singapore Savings Bond (SSB) allotted on Wednesday (May 28) saw applications...
