Trump reiterates opposition to US Steel sale, pledges tariff fix
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Trump reiterates opposition to US Steel sale, pledges tariff fix | The Edge Singapore
The president opposes it and has said US Steel would remain domestically owned, “guaranteed”. He has stopped short, however, of flatly pledging to kill the acquisition.
Exxon said to weigh sale of US$1 bil Singapore gas stations
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Exxon said to weigh sale of US$1 bil Singapore gas stations | The Edge Singapore
Exxon, which has been operating in Singapore for more than 130 years, has a network of 59 filling stations under the Esso brand.
Eastspring CIO highlights China’s buyback and dividend boom, stays positive on Indian equities
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Eastspring CIO highlights China’s buyback and dividend boom, stays positive on Indian equities | The Edge Singapore
In the last three years, it is estimated that Chinese companies have returned around RMB2 trillion back to shareholders.
[PREMIUM CONTENT] HSBC upgrades LVMH, Hermès to ‘buy’, but sceptical of 2025 turnaround for Swatch, Kering
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HSBC upgrades LVMH, Hermès to ‘buy’, but sceptical of 2025 turnaround for Swatch, Kering | The Edge Singapore
While there was no growth for the global luxury sector in 2024, HSBC Global Research says it is “time to be positive” on global luxury names, as organic growth looks set to surge in 2H2025.
DBS, ThaiBev, YZJ Shipbuilding and DFI help bring STI above 3,800 points, a 17-year high
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DBS, ThaiBev, YZJ Shipbuilding and DFI help bring STI above 3,800 points, a 17-year high | The Edge Singapore
STI’s all-time high of 3906.16 was marked in October 2007.
South Korean stocks lure biggest daily foreign inflow since August
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South Korean stocks lure biggest daily foreign inflow since August | The Edge Singapore
Global funds bought 539.6 billion won ($517 million) worth of Kospi Index members on a net basis on Tuesday, the most since Aug 16.
[PREMIUM CONTENT] Maybank ups target price on LHN following strong FY2024 results
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Maybank ups target price on LHN following strong FY2024 results | The Edge Singapore
Maybank sees a positive outlook for LHN, ups target price.
UK won’t choose between Trump and Europe: Starmer
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UK won’t choose between Trump and Europe: Starmer | The Edge Singapore
“This is not about sentimentality — it is about hard-headed realism,” Starmer said of the UK-US relationship.
A*STAR and KoolLogix launch $8 mil joint lab to develop advancing cooling solutions for AI data centres
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A*STAR and KoolLogix launch $8 mil joint lab to develop advanced cooling solutions for AI data centres | The Edge Singapore
KoolLogix has also introduced its new HRM50 series, capable of removing 50kW heat per rack.
[PREMIUM CONTENT] Morningstar keeps US$21 target price on Intel amid CEO exit
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Morningstar keeps US$21 target price on Intel amid CEO exit | The Edge Singapore
Intel saw its stock rally about 4% to US$25 after CEO Pat Gelsinger announced his retirement on Dec 2.
Australia approves US$50 mil investment into Singapore’s Fast-P blended finance initiative
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Australia approves US$50 mil investment into Singapore’s Fast-P blended finance initiative | The Edge Singapore
At COP29, the Singapore government pledged up to US$500 million as concessional capital, to match dollar-for-dollar concessional capital from other partners.
Standard Chartered sets US$200 bil target in net new money and double-digit wealth growth over next five years
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Standard Chartered sets US$200 bil target in net new money and double-digit wealth growth over next five years | The Edge Singapore
The strategy was announced at the bank’s Affluent Investor Seminar on Dec 3.
LMS Compliance to partner MSIA, Maschain and CRIF to boost ESG compliance in Malaysian SMEs
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LMS Compliance to partner MSIA, Maschain and CRIF to boost ESG compliance in Malaysian SMEs | The Edge Singapore
The program will be implemented in three stages, including receiving free ESG self-assessment tools, free ESG readiness certificates, and subsidised ESG consultation services.
ValueMax to raise up to $100 mil through two 3-month digital commercial papers
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ValueMax to raise up to $100 mil through two 3-month digital commercial papers | The Edge Singapore
Both digital securities on the SDAX Exchange and ADDX Exchange are priced at 4.5% per annum.
Heeton Holdings subsidiary, Astra Horizon Ventures and NineCo Investments to enter JV
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Heeton Holdings subsidiary, Astra Horizon Ventures and NineCo Investments to enter JV | The Edge Singapore
The JV was established for the proposed acquisition of the equity interest of a target company.
Union Steel co-founder and executive director ups stake to 12.08%
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Union Steel co-founder and executive director ups stake to 12.08% | The Edge Singapore
Ang bought 63,800 shares for $39,832.25, or 62.4 cents apiece.
France's crisis is finally about to start
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France's crisis is finally about to start | The Edge Singapore
“No French government will enjoy any policy space whatsoever until at least the autumn of next year,”
GS Holdings’ CEO Pang Pok retires; Loo Hee Guan to takeover as acting CEO
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GS Holdings’ CEO Pang Pok retires; Loo Hee Guan to takeover as acting CEO | The Edge Singapore
Loo will assume the role together with his current position of executive director.
South Korea's Yoon to lift martial law decree that shook markets
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South Korea's Yoon to lift martial law decree that shook markets | The Edge Singapore
President Yoon Suk Yeol 'is now doomed to face impeachment'