Entrepreneurship
Stocks to watch: CapitaLand Investment, CapitaLand China Trust, Frasers Hospitality Trust, TalkMed, Low Keng Huat, IReit Global
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Sep 12): CapitaLand Investment (CLI) ; CapitaLand China Trust (CLCT) : CapitaLand Commercial...
IReit Global’s German subsidiaries served with payment order by former tenant
The dispute stems from a dilapidation cost agreement made with the former main tenant of its Berlin Campus[SINGAPORE] Subsidiaries of IReit Global have been served with a payment order...
US: Wall St opens higher after inflation data keeps rate cut bets firm
[NEW YORK] Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on track to deliver an interest...
Chinese carmakers may keep price advantage despite Mexico levies
[MEXICO CITY] Mexico’s plan to levy tariffs of up to 50 per cent on vehicles from China may not unduly impact the Asian nation’s auto manufacturers whose inherently lower...
Wegovy-maker Novo Nordisk to cut 9,000 jobs in restructuring
[COPENHAGEN] Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5 per cent of its workforce, in a restructuring to save eight billion Danish crowns (S$1.6 billion) annually, it...
How does Tesla get to US$8.5 trillion value? Robots, robotaxis and hope
[SAN FRANCISCO] How can Tesla become an US$8.5 trillion company? That is the market valuation the electric vehicle maker would have to reach to justify CEO Elon Musk’s new...
Russia export slide forcing a rethink at some Chinese carmakers
[HONG KONG] Russia turned into a lucrative market for Chinese automakers after the invasion of Ukraine, as they rushed in to fill the void left by foreign brands. That...
China’s rate-cut outlook in doubt as stock rally stirs concern
[BEIJING] Angst inside China’s halls of power over a massive stock rally risks delaying another major round of monetary stimulus, pushing the central bank further to the sidelines as...
Opec+ agrees further oil output boost from October to regain market share
[LONDON/MOSCOW] Opec+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share, while slowing the pace of increases compared with...
Nasdaq 100 gains as weak labour data fuels rate-cut bets
THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested weaker-than-expected labour market data ahead of Friday’s closely...
