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investment

Singapore’s Latest T-Bill Auction Sees Cut-Off Yield Drop

TLDR: Singapore's latest six-month Treasury bill (T-bill) auction witnessed a decline in the cut-off yield to 3.75%. Demand remains robust as the auction receives...

Singapore Stocks Close Up 0.5% on Monday:STI up 0.5%

TLDR: Singapore shares close higher, with the Straits Times Index rising by 0.5% amid mixed global trading. The positive sentiment is fueled by anticipation...

ICICI Bank Expands Stake in ICICI Lombard with RBI Approval

TLDR: ICICI Bank gains RBI approval to raise stake in ICICI Lombard by up to 4%. Bank's current 48.01% share in ICICI Lombard is...

Alphabet Trims Stake in Robinhood by 90%

TLDR: Alphabet, the parent company of Google, has reduced its stake in Robinhood by nearly 90%. The move follows Robinhood's first-time profit announcement as...

Saudi Mining Company Ma’aden Makes Strategic Move with 10% Stake Acquisition in Brazil’s Vale

TLDR: Saudi Arabia's Ma'aden acquires a 10% stake in Brazil's Vale Base Metals. The investment is valued at $26 billion. Ma'aden's joint venture with...

Volkswagen Teams up with Xpeng for Electric Vehicle Innovation in China

TLDR: Volkswagen and Xpeng form a groundbreaking partnership for electric vehicle development in China. Volkswagen invests $700 million in Xpeng, acquiring a 4.99% stake...

VinFast’s Ambitious Expansion: Vietnam’s EV Maker to Begin Construction of US Factory

"VinFast revs up its global ambitions with a $4 billion electric vehicle factory in North Carolina, solidifying its position as a key player in...

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