Entrepreneurship
August Global Partners raises US$150 million in final close of Healthcare fund
The fund seeks opportunities in healthtech, advanced manufacturing, digital health and precision medicine[SINGAPORE] Fund manager August Global Partners (AGP) has raised US$150 million in the final close of its...
Apple cuts jobs across its sales organisation in rare layoff
Employees who lost their jobs have until Jan 20 to secure another position within the company or they will be terminated with a severance package[LOS ANGELES] Apple has eliminated...
US: Wall Street ends higher on tech rebound, rising rate cut bets
[NEW YORK] Wall Street stocks closed higher on Monday (Nov 24), extending on Friday’s rally as increased odds that the US Federal Reserve will lower its Fed funds target...
US: Wall Street opens higher on Fed interest rate-cut expectations
[NEW YORK] Wall Street’s main indexes opened higher on Monday (Nov 24), buoyed by expectations of an imminent Federal Reserve interest rate cut in December, while investors were also...
Singapore stocks rise amid mixed regional trading; STI up 0.6%
Across the broader market, gainers outnumber losers 336 to 238 after 2.1 billion securities worth S$3.2 billion change hands[SINGAPORE] Singapore stocks ended higher on Monday (Nov 24) amid mixed...
DBS said to revise Alliance Bank offer proposal to 30% stake
It made the decision after failing to get approval for its initial request to buy as much as 49%[SINGAPORE] Singapore’s biggest bank has withdrawn an application to start talks...
Singapore beats Hong Kong in gross tonnage registered as more vessels reflag
Higher tonnage in September makes Singapore the fourth-largest ship registry in the world[SINGAPORE] The ship registry of Singapore has pulled ahead of its closest competitor Hong Kong after some...
Indian central bank likely intervenes to prop up rupee before local market open, traders say
[MUMBAI] The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders told Reuters, putting the currency on track...
Asia: Stocks rise as US rate hopes soothe nerves after torrid week
ASIAN markets mostly rose on Monday as fresh hopes for a US interest rate cut provided some calm after last week’s rollercoaster ride fuelled by worries of a tech...
Oil falls as Ukraine peace talks edge toward a solution
[PERTH] Oil prices slipped on Monday, extending losses from last week, as Russia-Ukraine peace talks edged closer to a solution and the US dollar strengthened.Brent crude futures fell 14...
