GIC-backed Bukalapak jumps 25% in debut after Indonesia’s biggest IPO
JAKARTA (BLOOMBERG) - Online marketplace Bukalapak surged on its first day of trading after raising US$1.5 billion (S$2.03 billion) in...
Business
Raffles Medical chairman Loo Choon Yong turns billionaire on Covid-19 vaccination drive
SINGAPORE (BLOOMBERG) - A Singapore doctor has joined the ranks of billionaires after his company became involved in efforts to...
Qatar Airways says regulator grounds 13 of its Airbus A350s over surface issue
DUBAI (REUTERS) - Qatar Airways has been instructed by its regulator to ground 13 Airbus A350 planes due a faster...
Singapore stocks inch up ahead of US non-farm payroll data
SINGAPORE (THE BUSINESS TIMES) - Investors in the local market were in wait-and-see mode on Friday (Aug 6) ahead of...
Yangzijiang Shipbuilding first-half profit up 39% amid fall in revenue
SINGAPORE (THE BUSINESS TIMES) - Yangzijiang Shipbuilding posted a net profit of 1.6 billion yuan (S$339.6 million) in the first...
US job growth exceeds forecast as unemployment rate falls
NEW YORK (BLOOMBERG) - US employers added the most jobs in nearly a year and the unemployment rate declined faster...
China Telecom seeks $9.85 billion in world’s top listing of 2021
SHANGHAI (BLOOMBERG) - China Telecom, one of the three mainland telecommunications carriers booted off the New York stock exchange, is...
Penny stock Heeton is bigger than it seems
SINGAPORE - Penny stocks are classified by many definitions. Some folks see them as small-cap issues with a market capitalisation...
Singapore sets sights on becoming world force in e-sports
SINGAPORE (BLOOMBERG) - Singapore may not compete for gold in many Olympic events, but the city-state is emerging as a...
ByteDance lays off hundreds after China’s tutoring crackdown
HONG KONG (BLOOMBERG) - TikTok-owner ByteDance has laid off hundreds of employees as the social giant shuts down a significant...