Entrepreneurship
UOB prices S$850 million perpetual securities at 3%
[SINGAPORE] UOB has priced S$850 million in perpetual capital securities at 3 per cent under its US$30 billion Global Medium Term Note Programme, the bank announced on Wednesday (Jan...
Stocks to watch: UOB, Sembcorp, CICT, First Sponsor, Advanced Systems Automation, Moneymax
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 15): UOB : UOB has priced S$850 million in perpetual capital securities...
Germany cautions flights over Iran as Lufthansa rejigs Middle East operations
GERMANY issued a new directive cautioning the country’s airlines from entering Iranian airspace, Flightradar24 said on Wednesday, shortly after Lufthansa rejigged its flight operations across the Middle East amid...
SK Hynix speeds up new chip fab opening to meet memory demand, executive says
[SEOUL] SK Hynix plans to accelerate the opening of a new factory by three months and will also begin operating another new plant in February, a senior executive said,...
Europe’s Stoxx 600 ends at record high, lifted by healthcare, chemical stocks
EUROPEAN shares closed at a record high on Wednesday, buoyed by gains in chemicals and healthcare stocks, while investors also monitored the repercussions of simmering geopolitical tensions globally.The pan-European Stoxx 600...
Stop Chasing Funding, Start Chasing Customers
There’s a lie many founders hear on day one: you need outside money to build a real business. You don’t. The first step isn’t a pitch deck. It’s a...
Wall Street slides at open as investors assess results from big banks
[NEW YORK] Wall Street’s main indexes fell at the open on Wednesday (Jan 14) as investors digested earnings from Bank of America and Citigroup, while retail sales and producer...
Bank of America profit climbs as trading surges in volatile markets
[NEW YORK] Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets.Softening...
Advanced Systems Automation makes pre-conditional offer for Asti shares
If the deal materialises, the offeror intends to amalgamate the semiconductor businesses of both companies[SINGAPORE] Advanced Systems Automation intends to make a voluntary conditional offer for all the shares...
Toku seeks brand recognition in fight with giants with Catalist listing
[SINGAPORE] A listing on the Catalist board of the Singapore Exchange (SGX) will raise the profile of Toku’s customer experience platform when it pitches to prospective large enterprise customers....
