Allianz pauses talks with Amundi over control of asset manager
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The Edge Singapore
Allianz pauses talks with Amundi over control of asset manager | The Edge Singapore
The two sides were unable to agree on a deal structure, including control of the combined entity.
Ant Group President Cyrl Han to assume CEO role from March
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The Edge Singapore
Ant Group President Cyril Han to assume CEO role from March | The Edge Singapore
About four years ago, Chinese authorities abruptly halted the Jack Ma-backed company’s initial public offering, which would have been the world’s largest.
China resumed gold purchases last month after prices soared
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The Edge Singapore
China resumed gold purchases last month after prices soared | The Edge Singapore
The PBOC had added to its stockpiles for 18 consecutive months up until April this year, helping to underpin the strength in bullion prices.
Jardine Matheson raised $248,888 at annual MINDSET Challenge event for mental health initiatives
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The Edge Singapore
Jardine Matheson raised $248,888 at annual MINDSET Challenge event for mental health initiatives | The Edge Singapore
Jardine Matheson's charity MINDSET Care raised $248,888 during its MINDSET Challenge annual fundraiser event to support and fund various mental health initiatives
Tuan Sing CEO Liem raises stake in company again
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The Edge Singapore
Tuan Sing CEO Liem raises stake in company again | The Edge Singapore
As at June 30, the company's NAV was 97.8 cents per share
Syria's Assad toppled, flees to Russia after rebels advance
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The Edge Singapore
Syria's Assad toppled, flees to Russia after rebels advance | The Edge Singapore
The rapid collapse of Syria’s government has taken Russia, Iran and the US by surprise
Hai Leck founder offers 55 cents per share via scheme of arrangement to delist company
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Hai Leck founder offers 55 cents per share via scheme of arrangement to delist company | The Edge Singapore
Cheng now has a total interest of 88.94% in the company
Ex-HSBC banker Nuno Matos to succeed Shayne Elliott as ANZ CEO
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Ex-HSBC banker Nuno Matos to succeed Shayne Elliott as ANZ CEO | The Edge Singapore
Nuno Matos will become CEO at ANZ Group Holdings, succeeding Shayne Elliott who is retiring after nine years in the role that culminated in a tumultuous ending.
Saudi Finance firm’s CEO dies days after trading debut
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The Edge Singapore
Saudi Finance firm’s CEO dies days after trading debut | The Edge Singapore
The listing marked the latest private sector IPO in the Middle East, following fresh on the heels of those including Delivery Hero’s Talabat and hypermarket operator Lulu Retail Holdings.
Dubai’s mega tech IPO solidifies turnaround that began in 2021
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The Edge Singapore
Dubai’s mega tech IPO solidifies turnaround that began in 2021 | The Edge Singapore
Combined with a similar flurry of deals in neighboring Abu Dhabi, the UAE is set to be the busiest venue for listings in the broader EMEA region for the third year in a row.
Five stories to start your day:
1. Jefferies raises target prices, EPS forecasts on Singapore’s three banks, assumes $2 bil buybacks each next year
2. GIC-backed manufactured-housing operator Yes! explores 2025 IPO
3. Tuan Sing CEO Liem raises stake in company again
4. Allianz pauses talks with Amundi over control of asset manager
5. South Korea’s ruling party vows ‘orderly exit’ for Yoon
📰 Follow us on @theedgesg for market-moving news and the latest headlines.
1. Jefferies raises target prices, EPS forecasts on Singapore’s three banks, assumes $2 bil buybacks each next year
2. GIC-backed manufactured-housing operator Yes! explores 2025 IPO
3. Tuan Sing CEO Liem raises stake in company again
4. Allianz pauses talks with Amundi over control of asset manager
5. South Korea’s ruling party vows ‘orderly exit’ for Yoon
📰 Follow us on @theedgesg for market-moving news and the latest headlines.
Trump EV scepticism threatens US$54 bil in Korean investments
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The Edge Singapore
Trump EV scepticism threatens US$54 bil in Korean investments | The Edge Singapore
The incoming administration is looking to slash fuel-efficiency requirements and, according to a Reuters report last month, could eliminate a key US$7,500 consumer-tax credit.
[PREMIUM CONTENT] A stellar 2025 awaits PropNex on surging new home sales: RHB
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The Edge Singapore
A stellar 2025 awaits PropNex on surging new home sales: RHB | The Edge Singapore
The company is expected to record soft earnings for its FY2024 due to low transaction volumes.
[PREMIUM CONTENT] S&P's negative credit watch on SingPost is 'irrelevant', says Maybank Securities
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The Edge Singapore
S&P's negative credit watch on SingPost is 'irrelevant', says Maybank Securities | The Edge Singapore
SingPost can return up to 86 cents in special dividends over the next two years with ongoing divestment move
Qatar minister calls out EU for ESG overreach, compliance costs
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The Edge Singapore
Qatar minister calls out EU for ESG overreach, compliance costs | The Edge Singapore
“I am sure not going to supply the EU with LNG to support their energy requirements and then be penalised with our total revenue worldwide.”
[PREMIUM CONTENT] Suntec REIT unitholders should reject Aelios’ ‘unattractive’ $1.16 cash offer: Morningstar
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[PREMIUM CONTENT] UOB Kay Hian keeps 'hold' call on Kimly but with lower target price in anticipation of higher costs
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The Edge Singapore
UOB Kay Hian keeps 'hold' call on Kimly but with lower target price in anticipation of higher costs | The Edge Singapore
Kimly's cash generative ability will support its dividend policy of paying out no less than 50% of earnings
Women are still struggling to make it into the C-suite in the UK
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The Edge Singapore
Women are still struggling to make it into the C-suite in the UK | The Edge Singapore
Efforts to improve diversity of C-Suites and boardrooms globally could soon face headwinds as incoming US President Donald Trump prepares to return to the White House in January.
HSBC appoints Annie Lim as global private banking (GPB) desk head for Singapore
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The Edge Singapore
HSBC appoints Annie Lim as global private banking (GPB) desk head for Singapore | The Edge Singapore
Annie Lim appointed as HSBC's GPB desk head for Singapore.
[PREMIUM CONTENT] Lim & Tan initiates coverage on Oiltek with 'buy' call and $1.21 target price
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The Edge Singapore
Lim & Tan initiates coverage on Oiltek with 'buy' call and $1.21 target price | The Edge Singapore
Oiltek might increase its FY2025 dividend payout to as high as 3 cents if the payout ratio is maintained