Raises
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Brokers’ take: RHB raises ST Engineering’s target on upbeat earnings outlook
RHB raised its target price on Singapore Technologies Engineering (ST Engineering) to S$5.32 from S$5 after rolling forward its valuation base year to fiscal year 2025. It has a “buy”…
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Singapore-listed Malaysian glove makers get a boost as US raises tariffs on China gloves
MARKET watchers are optimistic on the prospects of Malaysia’s glove making sector as the US looks to impose higher tariffs on Chinese gloves. This follows the United States Trade Representative’s…
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Microsoft announces US$60 billion buyback, raises dividend 10%
MICROSOFT unveiled a new US$60 billion stock-buyback programme, matching its largest-ever repurchase authorisation, and raised its quarterly dividend 10 per cent. The software company said shareholders as at Nov 21…
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Olam raises bid for Australia’s Namoi Cotton to A$0.75 per share
This comes days after independent directors of Namoi unanimously recommended that shareholders accept Louis Dreyfus Company Melbourne’s takeover offer THE tussle for Australia’s largest cotton ginner is heating up as…
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Midea raises US$4 billion in upsized Hong Kong listing
CHINESE appliance giant Midea Group raised US$4 billion in its Hong Kong listing in an enlarged deal that was priced at the top of the marketed range, in a show…
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Taishin raises offer for Shin Kong in what could be Taiwan’s biggest financial deal
TAIWAN financial conglomerate Taishin said it would raise its offer for peer Shin Kong by 25 per cent to about NT$222.4 billion (S$9 billion), in a deal that would be…
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Investment and trading platform SDAX raises US$50 million in Series B2 round
The funds will be used to grow the business to include sectors such as wealth and fund management SINGAPORE’S Digital Asset Exchange (SDAX) has raised US$50 million at the close…
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Brokers’ take: RHB raises SGX target on higher SDAV estimates
RHB raised its target price on the Singapore Exchange (SGX) to S$11.70 from S$10.80 after the bourse’s August securities turnover data came in higher than estimates by the research house.…
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Harris Raises $300 Million in August, Doubling Trump’s Take: Report
Vice President Kamala Harris greets the crowd at a campaign rally Aug. 29 in Savannah, Ga. Win McNamee/Getty Images Vice President Kamala Harris‘ political operation hauled in more than $300…
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Hewlett Packard Enterprise raises annual profit forecast on AI strength
HEWLETT Packard Enterprise (HPE) raised its annual profit forecast on Wednesday (Sep 4), as demand for artificial intelligence (AI) servers continues to pick up owing to higher investments in AI…
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Hiap Hoe chairman Teo Ho Beng raises his interest in company
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions spanning Aug 23 through to Aug 29, with S$69.5 million of net institutional inflow, adding to the S$184.7…
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Singtel raises S$1.48 million for students with special needs
SINGTEL, on Friday (Aug 30), raised S$1.48 million in its annual charity golf event to support students with special needs across six adopted special education (Sped) schools. This marks a…
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Why Telegram Chief’s Arrest Raises ‘Red Flags’ For Tech Bosses
Now that France has charged Telegram’s founder with failing to stop illegal activity on his platform, other tech bosses may have reason to weigh the wisdom of jetting into Europe…
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Temasek’s SeaTown raises over US$1.3 billion for private credit fund
The fund targets a net return in the mid-teens, along with a double-digit distribution yield to investors SEATOWN Holdings, an investment manager indirectly owned by Temasek, has announced the final…
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Bill Clinton’s Shaky Voice and Trembling Hands at DNC Raises Concern as Former President Says He May Be Unable to Speak at Future Conventions
Former President Bill Clinton, speaking with a raspy voice, said in a Wednesday night address to delegates that he might not be able to attend future Democratic conventions as stunned…
