Utico dangles offer of ‘part cash redemption’ to Hyflux junior creditors

SINGAPORE - United Arab Emirates-based utility Utico is offering some reprieve to the beleaguered 34,000 retail perpetual securities and preference (PNP) shareholders now trying...

Fiat Chrysler set to propose merger with Renault, making world’s 3rd-largest automaker

NEW YORK (NYTIMES) - Fiat Chrysler is planning to propose a merger with French carmaker Renault on Monday, according to two people involved in...

Stocks to watch: CapitaLand, KLW Holdings, AEI Corp, Clearbridge Health

SINGAPORE - The following companies saw new developments that may affect trading of their shares on Monday (May 27): CapitaLand: CapitaLand has made several appointments...

Utico dangles offer of ‘part cash redemption’ to Hyflux’s perpetual securities and preference shareholders

SINGAPORE - United Arab Emirates-based utility Utico is offering some reprieve to the beleaguered 34,000 retail perpetual securities and preference (PNP) shareholders now trying...

Utico dangles offer of “part cash redemption” to Hyflux’s perpetual securities and preference shareholders

SINGAPORE - UAE utility Utico is offering some reprieve to the beleaguered 34,000 retail perpetual securities and preference (PNP) shareholders now trying to recover...

Eagle Hospitality Trust IPO’s public offer undersubscribed amid market volatility

SINGAPORE - Eagle Hospitality Trust (EHT)'s initial public offering (IPO) saw less than half of its stapled securities subscribed under the public offer, resulting...

Alliance Mineral gets SGX nod to list 168.6m new shares from placements

THE Singapore Exchange has granted Catalist-listed miner Alliance Mineral Assets approval for the listing and quotation of up to 168.6 million new shares from...

Fears of deeper US-China trade war push Asia shares to 4-month low

TOKYO (REUTERS) - Asian stocks stumbled to a four-month low on Friday (May 24) and crude oil plunged on worries the US-China trade spat...

GIC-backed Luckin Coffee burns investors in 39% plunge from high after IPO

NEW YORK (BLOOMBERG) - Luckin Coffee Inc's initial public offering (IPO) was met with great fanfare - and then it wasn't. Shares of China's answer...

Singapore factory output defies forecast of another drop with 0.1% uptick in April

SINGAPORE - Singapore's factory output staged a small recovery in April after shrinking a revised 4.3 per cent in March, thanks to growth in...

Blockchain capital markets platform iSTOX enters MAS fintech sandbox; sets up legal panel

SINGAPORE - Capital markets platform iSTOX, designed by blockchain-based infrastructure company ICHX Tech, has been admitted into the Monetary Authority of Singapore (MAS)'s FinTech...

New guide on job sharing to help bosses give staff more flexibility

SINGAPORE - Job sharing can benefit both employers and workers, with research showing that it increases employee productivity and reduces hiring costs. But most companies...

Deals platform Fave acquires two food-ordering apps in Singapore and Malaysia

SINGAPORE - As part of its ambition to be a super-app in South-east Asia, mobile payment and deals platform Fave has acquired two food-ordering...

Despite up session, Dow suffers 5th straight weekly loss

NEW YORK (AFP) - Wall Street stocks finished another down week on a positive note on Friday (May 24), climbing ahead of a holiday...

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