Entrepreneurship
China’s central bank cuts structural interest rates to boost targeted lending
The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances[BEIJING] China’s central bank will lower interest rates on its structural monetary policy tools by...
Japan’s Nikkei falls back from record as yen rallies, tech shares retreat
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday, as the yen’s rebound weighed on exporters and a red-hot rally in technology shares lost steam.The...
JPMorgan, Brookfield see deals revival for clean energy assets
The IEA forecasts renewable energy, particularly solar, to grow faster than any other major source of electricity generation to 2035[SINGAPORE] Clean energy projects are poised for a revival in...
BHP, Rio Tinto are joining forces to boost iron ore pipeline
Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of existing infrastructure[MELBOURNE] BHP Group and Rio Tinto Group, the...
Trump backs Venezuela staying in Opec
[WASHINGTON] President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the Petroleum Exporting Countries, or Opec, but added he...
Wells Fargo misses profit estimates on severance costs, shares fall
WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as part of CEO Charlie Scharf’s effort to streamline...
Oil prices sink more than 2% as Trump remarks calm concern about Iran
[TOKYO] Oil prices slid more than 2 per cent in early Asian trade on Thursday after US President Donald Trump said killings in Iran’s crackdown on nationwide protests were...
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...
Private equity turns to continuation funds, secondary buyouts as alternative to traditional exits: Morrison Foerster
This trend will likely continue in South-east Asia and globally as liquidity engineering goes mainstream[SINGAPORE] Private equity (PE) in South-east Asia is expected to increasingly turn to continuation funds...
