Fashion
Nissan returns to operating profit in Q2
Nissan booked 51.5 billion yen (S$437.4 million) in operating profit for July-September[YOKOHAMA] Nissan Motor swung back to an operating profit in the second quarter on Thursday (Nov 6) reporting...
Singtel jumps 4.9% to all-time high on talks to buy local data-centre firm
Singtel and KKR & Co are in the late stages of discussions to buy more than 80% of ST Telemedia Global Data Centres for over S$5 billion[SINGAPORE] Shares of...
KKR, Singtel seek to fully own Singapore data centre firm in US$3.9 billion deal
[SINGAPORE] KKR & Co and Singapore Telecommunications are in advanced talks to buy more than 80 per cent of ST Telemedia Global Data Centres – which would give them...
Commerzbank profit falls 7.9% in Q3, defying expectations for increase
[FRANKFURT] Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, said on Thursday (Nov 6) that net profit fell 7.9 per cent in the third quarter, defying expectations...
DBS general allowance ‘more than adequate’: CEO Tan Su Shan
The bank’s total allowance stood at S$6.4 billion, comprising S$4.1 billion in general allowances and S$2.4 billion in specific allowances.[SINGAPORE] DBS’ general allowance reserves are “more than adequate”, said...
Apollo, KB Securities team up to expand private credit in South Korea
The South Korean firm says that it plans to expand its global private credit footprint and enhance its capabilities in deal sourcing, financing, and arranging[SEOUL] Apollo Global Management has...
SoftBank said to have weighed potential takeover of Marvell
The Japanese conglomerate’s push into the space has gone beyond pure mergers and acquisitions.[NEW YORK] SoftBank Group explored a potential takeover of US chipmaker Marvell Technology earlier this year,...
Nexperia says it halted supply after China unit refused to pay
[NEW YORK] Nexperia said that it suspended supplies to its China factory because the local unit refused to make payments, laying bare the internal discord at the embattled automotive...
Coliwoo opens at S$0.615, 2.5% above IPO price
[SINGAPORE] Co-living business Coliwoo opened at S$0.615 on its listing debut on Thursday (Nov 6) on the Singapore Exchange, about 2.5 per cent above its initial public offering (IPO)...
UOB shares end 2.8% down after Q3 profit tumbles
[SINGAPORE] Shares of UOB plunged as much as about 4.6 per cent on Thursday (Nov 6) after it reported a 72 per cent year-on-year decline in net profit for...
