Entrepreneurship
STI hits new high on Thursday, closes up 0.5% amid mixed regional trading
[SINGAPORE] Singapore stocks extended the week’s gains to end higher on Thursday (Mar 27), with the Straits Times Index (STI) hitting a new high earlier in the day.The STI...
Singapore fund inflows surge 167% to S$7.6 billion for 2024: Morningstar
[SINGAPORE] Total net inflows into Singapore-registered funds hit S$7.6 billion for 2024, a surge of 167 per cent from S$2.85 billion in 2023, according to a report by financial-services...
BlackRock’s head of Asia-Pacific private credit Celia Yan to leave firm
Her team has deployed over US$200 million in 2024, over US$1.8 billion historically and been able to generate a 16 per cent gross internal rate of return in the...
Singtel’s NCS expands in the Philippines through a joint venture for clients to better access services
Its unit NCSI Holdings will buy a 51% stake in Yondu for a total net consideration of 134 million Philippine pesos[SINGAPORE] NCS, Singtel’s technology services arm, is expanding its...
RBNZ board yet to recommend temporary governor to minister
The Reserve Bank Act states the board must make a recommendation within 28 days of the office of the governor becoming vacant[WELLINGTON] New Zealand Finance Minister Nicola Willis has...
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...
