News
Citigroup faces US$5 million bill to transport its lead from Singapore
Citi plans to keep about 24,000 tons in Singapore, while 88,000 tons will likely go to Taiwan or Malaysia[LONDON] Citigroup will move most of its lead stocks from Singapore...
Buying the S&P 500 is an active bet on AI: BlackRock Investment Institute
The unprecedented AI boom is catalysing a mega structural change that impacts investing., the institute says[SINGAPORE] Just buying the S&P 500 is no longer a passive bet on US equities,...
Temasek-backed autonomous driving firm Momenta files for Hong Kong IPO: sources
The firm is joining a growing list of Chinese companies aiming to debut in the Asian financial hub[HONG KONG] Chinese autonomous driving developer Momenta has confidentially filed for a...
STI up 0.3%, amid mixed showing by Singapore shares
Across the broader market, there are 288 gainers and 236 decliners, with 1.3 billion securities valued at about S$1.3 billion transacted[SINGAPORE] Singapore shares had a mixed showing on Tuesday...
STI up 0.3% on Tuesday, amid mixed showing by Singapore shares
Across the broader market, there are 288 gainers and 236 decliners, with 1.3 billion securities valued at about S$1.3 billion transacted[SINGAPORE] Singapore shares had a mixed showing on Tuesday...
Raffles Education sells corporate building for S$121.8 million
The property at 51 Merchant Road is being sold at about 78% over book value to an unnamed real estate player[SINGAPORE] Raffles Education has sold its corporate building at...
Raffles Education sells 51 Merchant Rd to LaSalle JV for S$121.8 million; reaps S$53 million gain
Four-storey commercial building with conserved buildings and basement car parks sold for about 78% over book value[SINGAPORE] Raffles Education has sold its corporate building at 51 Merchant Road for...
Travel platform Klook to delay US listing until early 2026: sources
The company expects investors to be more receptive to an IPO once the holidays are over[HONG KONG] Klook Technology plans to list in the US early next year, according...
Singapore Bank OCBC’s shares hit record as wealth unit shines
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago[SINGAPORE] Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management...
Aletheia Capital downgrades Wilmar to ‘sell’, cuts target to S$2.50 on legal woes
[SINGAPORE] Aletheia Capital has lowered its rating on Wilmar International from “buy” to “sell” on the belief that the agribusiness group’s recent legal woes obscure its “earnings recovery narrative”...
