Entrepreneurship
UOB set to issue US$2 billion in dollar-denominated notes across 3 tranches
[SINGAPORE] UOB is set to issue US$2 billion in a three-tranche US dollar-denominated senior bond offering, it said on Thursday (Mar 27). The notes will be issued under the...
Paragon Reit unitholders to vote on proposed privatisation on Apr 22
[SINGAPORE] Unitholders will vote on the proposed privatisation of Paragon Reit in an extraordinary general meeting (EGM) and scheme meeting on Apr 22, the board said in a bourse...
Apple says Indonesia iPhone sales ban ends in April
The country has also banned the sale of Google Pixel phones for failing to meet the 40 per cent local parts requirement[JAKARTA] Teach giant Apple announced on Wednesday (Mar...
China raises record 1.45 trillion yuan from bonds in stimulus signal
[NEW YORK] China ramped up debt issuance this quarter, a move that both signals authorities’ priority on stimulating growth and efforts to prevent a repeat of an overheated bond...
OpenAI nears record US$40 billion funding round led by SoftBank
[NEW YORK] OpenAI is close to finalising a US$40 billion funding round led by SoftBank Group – with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimetre Capital...
Stocks to watch: Paragon Reit, mm2 Asia, ST Engineering, UMS Integration
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Thursday (Mar 27). Paragon Reit: The manager has announced that it will be holding...
UOB taps rising South Korean interest in Asean with new FDI advisory centre in Seoul
[SEOUL] South Korean firms eyeing expansion into Asean can now tap UOB’s support, following the launch of its Foreign Direct Investment (FDI) Advisory Centre in Seoul on Thursday (Mar...
Tesla troubles: Speed bump or early signs of impending crash?
[NEW YORK] Tesla, the Elon Musk-run auto company, has had a turbulent time recently, fueled by its chief executive’s close ties to Donald Trump and increased electric vehicle competition.The...
Fidelity tests stablecoin in latest Wall Street blockchain push
[LONDON] Fidelity Investments is testing a stablecoin, as large financial firms continue to dive into one of crypto’s fastest-growing sectors.Fidelity’s stablecoin project is being carried out from its digital...
Europe: Shares end lower as US tariff deadline looms
[BENGALURU] European shares closed lower on Wednesday (Mar 26), dragged by technology and healthcare stocks, while investors remained concerned about impending US tariffs set to take effect next week.The...
