SYDNEY (REUTERS) – Australia could face rising costs of capital and divestment by offshore funds if it is not seen to be doing more to address climate change, a top […]
LONDON/HONG KONG (REUTERS) – With China Evergrande Group’s default deadline drawing closer, offshore bond investors in the property developer are pondering their legal options to safeguard their investments. Below are […]
SINGAPORE (THE BUSINESS TIMES) – Keppel Corp’s settlement agreement with troubled Brazilian company Sete Brasil, inked two years ago and relating to multi-billion-dollar frozen rig jobs, is now effective. The […]
BENGALURU (REUTERS) – WCG Clinical, a clinical trial solutions company backed by Singapore’s sovereign wealth fund GIC, on Wednesday (Oct 13) filed to withdraw its initial public offering (IPO), joining […]
NEW YORK (BLOOMBERG) – The globetrotting dealmakers starting blank-cheque companies are increasingly telling investors there’s one place they won’t go: China. At least four special purpose acquisition companies (Spacs) have […]
WASHINGTON (REUTERS) – Three United States Federal Reserve policymakers on Tuesday (Oct 12) said the economy has healed enough for the central bank to begin to withdraw its crisis-era support, […]
SINGAPORE (BLOOMBERG) – Singapore’s central bank is expected to signal a potential tightening of monetary policy next year, while holding steady for now, amid rising inflation risks from supply chain […]
NEW YORK (REUTERS) – United States stocks finished lower on Tuesday (Oct 12), extending losses late as investors grew more jittery in the run up to third-quarter earnings, while a […]
Mike*, a business owner, will soon have to sign a new commercial property loan agreement for his factory building in the western part of Singapore. He plans to replace his […]
SINGAPORE (BLOOMBERG) – Singapore’s government has been soliciting feedback on its tax regime, including having conversations around wealth taxes, as discourse grows around this potentially sensitive topic. While the government […]
NEW YORK (BLOOMBERG) – Bitcoin climbed above US$57,000 for the first time since May as speculators bet that the largest cryptocurrency will retest the record highs reached earlier this year. […]
BEIJING (BLOOMBERG) – China’s energy crisis is likely to mean higher electricity prices, forcing the nation’s army of metals smelters to reduce output and threatening the industrial activity that has […]
HONG KONG (BLOOMBERG) – Chubb will buy Cigna Corp’s life, accident and supplemental businesses in seven places for US$5.75 billion (S$7.8 billion) in a deal aimed at boosting its operations […]
YANGON (BLOOMBERG) – Myanmar is battling a plunging local currency amid an unprecedented United States dollar shortage, driving up the cost of imports and worsening the economy’s struggle with dual […]
WASHINGTON (BLOOMBERG) – Treasury Secretary Janet Yellen said she expects Congress to take action soon to bring the United States into line with a global minimum tax agreed on last […]
LONDON (BLOOMBERG) – With its chimneys towering 200m above the industrial heartland of England, West Burton A power station is a relic of the fossil fuel age. When fired up, […]
SINGAPORE – Today, the spectre of stagflation haunts many economies as they try to break free of Covid-19 and regain some semblance of normality. Inflation is already making a comeback […]
SINGAPORE – Semiconductor firms in Singapore are stepping up their talent development amid a rampant global demand for chips that shows no sign of slowing down. Industry players have been […]
(BLOOMBERG) – While many banks have been condemned for contributing to the climate crisis by helping fossil fuel producers raise cash in debt markets, the banking industry as a whole […]
(NYTIMES) – A dozen years ago, my friend Patricia Nordeen was an ambitious academic, teaching at the University of Chicago and speaking at conferences across the country. “Being a political […]
