Entrepreneurship
Musk-Trump bromance turns X debt from burden to asset for Morgan Stanley
JUST a few months ago, Morgan Stanley was stuck with billions of US dollars of unloved debt tied to Elon Musk’s controversial 2022 buyout of social-media platform Twitter. It...
BOJ must maintain monetary support, says governor Ueda
BANK of Japan (BOJ) governor Kazuo Ueda said on Friday (Jan 31) that the central bank must maintain loose monetary policy to ensure underlying inflation gradually accelerates towards its...
Nissan, Honda to announce direction of possible integration by mid-February, Nissan says
NISSAN Motor will aim to announce the direction of its possible integration with Honda Motor by mid-February, a company spokesperson said on Friday, pushing back the plan from the...
Logan Group says creditors holding 66% debt have agreed to overhaul plan
DEFAULTED Chinese developer Logan Group said creditors holding over 66 per cent of the group’s US$6.2 billion offshore debt have signed an agreement in support of its restructuring plan,...
URA should whet the appetite of developers with a prime CBD office site in Singapore
A POTENTIAL shortage may be on the horizon for Singapore’s Core Central Business District (CBD) Grade A office market.Following the completion of IOI Central Boulevard Towers (IOICBT) in 2024,...
World’s richest people lose US$108 billion after DeepSeek sell-off
The world’s 500 richest people, led by Nvidia co-founder Jensen Huang, lost a combined US$108 billion on Monday (Jan 27) as a tech-led sell-off tied to Chinese artificial intelligence...
Latest Singapore six-month T-bill cut-off yield rises to 3.04%
THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) rose to 3.04 per cent, based on auction results released by the Monetary Authority of Singapore on Tuesday (Jan...
DBS raises stake in Shenzhen Rural Commercial Bank
SINGAPORE’S largest lender DBS Bank has acquired an additional stake in Shenzhen Rural Commercial Bank (SRCB), increasing its stake from 16.7 per cent to 19.4 per cent, it announced...
Demand falls for latest Singapore Savings Bond with 10-year average return of 2.82%
THE latest Singapore Savings Bond (SSB) allotted on Monday (Jan 27) saw a fall in applications to less than half of the amount offered, as the 10-year average return...
Huationg, Ley Choon shares take off as robust order books revive construction stocks
Shares of some construction companies surged last week on various announcements and a projected bright outlook. Hock Lian Seng was up 12.9 per cent for the week, and Pan-United...
ECB to cut rates again, with a nervous eye on Trump – The Business Times
EUROZONE rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump’s...
With the Fed likely to stay pat on rates, investors will scrutinise every detail for any deviation on policy – The Business Times
This time, unlike at previous high-stakes meetings, no one expects to see any surprisesTHE US Federal Reserve is so likely to leave interest rates unchanged this week that you...