Fashion
Singapore’s subdued IPO scene set for a rebound in 2025: analysts
SINGAPORE’s initial public offering (IPO) scene is set to liven up this year, with analyst forecasts falling anywhere between four and 10 listings on the local bourse. This comes...
Shipping giants urge watchdog to avoid biofuels in clean-up push
The IMO is working toward a zero-carbon-emissions target for the industry by 2050SOME shipping lines including Hapag-Lloyd and the maritime arm of Louis Dreyfus are calling on the International...
MBS gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility
The loan will be used for refinancing and to fund the expansion of the company’s integrated resortMARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a...
Australian unit of ComfortDelGro probes media allegations of wrongful conduct
A2B Australia, a subsidiary of the transport operator, has engaged external legal counsel AN Australian unit of ComfortDelGro is investigating allegations of wrongful conduct made by several media companies,...
HSBC investors back CEO’s investment banking retrenchment
INVESTORS in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital...
Applied Materials falls as export controls weigh on outlook
APPLIED Materials, the largest US maker of chip-manufacturing equipment, fell after issuing a lukewarm revenue forecast for the current period, citing the risk of export controls crimping its business....
Xi-Jack Ma chat seen as next catalyst for blistering China rally
A POTENTIAL encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a blistering run by tech shares, could be the next catalyst to extend...
Westpac posts higher quarterly profit as loan volumes grow, late repayments decline
AUSTRALIA’S Westpac posted a rise in its first-quarter net profit on Monday as deposits and loan volumes grew, and said a widely awaited interest rate cut by the central...
Australia set for first rate cut since 2020 as trade risks mount
AUSTRALIA’S central bank is poised to cut interest rates for the first time in four years even as the board remains alert to potential inflationary pressures from mounting global...
Nasdaq facing near-term resistance amid volatility
THE Nasdaq 100 Index surged 25.9 per cent in 2024, driven by strong performances from major technology firms such as Nvidia and Alphabet. The uptrend continued into 2025, despite...
