Square to buy Afterpay for $39 billion as buy now, pay later booms
SYDNEY (REUTERS) - Square Inc, the payments firm of Twitter co-founder Jack Dorsey, will purchase buy now, pay later (BNPL) pioneer Afterpay...
Month: August 2021
SPH, SPH Reit, Keppel Corp and Keppel Reit call for trading halts pending announcements
SINGAPORE - Four listed counters called for a halt in the trading of their shares pending the release of announcements...
Keppel in $3.4b deal to take SPH private after media business is hived off
SINGAPORE - Keppel Corp is proposing to acquire Singapore Press Holdings (SPH) through a privatisation offer after the hiving off of...
Great Eastern Q2 profit falls 22% to $232.2 million amid less favourable market conditions
SINGAPORE (THE BUSINESS TIMES) - Great Eastern Holdings on Monday (Aug 2) posted a net profit of $232.3 million for...
US cruise industry stages a comeback amid Covid-19 pandemic
FLORIDA (NYTIMES) - Nothing quite demonstrated the horrors of the coronavirus contagion in the early stages of the pandemic like...
Has the Singapore market found its own voice?
SINGAPORE - The Singapore market's benchmark index ended last week at 3,166.94 points - its highest weekly close since the...
Open innovation challenges helping local firms develop creative solutions
SINGAPORE - An initiative that encourages firms and government agencies to join forces to develop innovative solutions to specific problems...
China’s indebted Evergrande sells stakes in Internet unit for $566 million
HONG KONG (BLOOMBERG) - China Evergrande Group has agreed to sell stakes in its Internet unit for a total of...
Young adults here continue to invest despite Covid-19 pandemic
SINGAPORE - Young adults here are continuing to invest despite the pandemic, according to a survey out on Monday (July...
Navigating China’s regulatory tsunami
SINGAPORE - It is an unusual sight to have two bellwether education stocks plunging by over 50 per cent in...