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Singapore Latest News, Singapore Headlines
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Musk exercises more options, sells Tesla shares worth US$1.01 billion:Tesla Inc Chief Executive Elon Musk has sold another 934,091 shares of the electric vehicle maker worth US$1.01 billion to meet his tax obligations related to the exercise of options to buy 2.1 million shares, regulatory filings showed on Thursday. In early November, the world's richest person tweeted that h Good timing - but also used to exercise 2.1M options
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Softbank Group shares slide 3per cent after Didi, Arm, Grab triple setbackHONG KONG : Shares in Japanese conglomerate SoftBank Group Corp dropped over 3per cent on Friday after the giant tech investor was hit with three disappointments within 24 hours, including a poor Nasdaq debut for ride-hailing firm Grab. SoftBank, either in its own right or through its Vision Fund, has mad
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Gambling group Suncity's shares set to rise 6.1per cent after arrested chairman resignsHONG KONG : Shares of Macau gambling group Suncity Group Holdings Ltd were set to rise 6.1per cent in resumed trade on Thursday after the company confirmed its chairman, who was arrested over alleged links to cross-border gambling, resigned.Alvin Chau, who is also the founder of Suncity, was arrested by M Omg that logo
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: BusinessTimes - 🏆 15. / 51 Read more »
Shares in drugmaker Sobi tumble as Advent, Aurora withdraw US$8 billion bidSTOCKHOLM :Shares in Swedish Orphan Biovitrum (Sobi) plunged 23per cent on Friday after U.S. private equity firm Advent International and Singapore's sovereign wealth fund said they were withdrawing their bid for the drugmaker. The Swedish company in September agreed to an US$8 billion takeover by Advent and Something new. Top investors interest can jack up company shares prices. When company don't comply to set conditions, company directors can topedoe the deal after making the buck. A money pattern.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Southeast Asia's Grab slumps in US debut after record SPAC dealSINGAPORE — Shares in Grab, Southeast Asia's biggest ride-hailing and delivery firm, slid more than 20 per cent in their Nasdaq debut on Thursday (Dec 2) following the company's record US$40 billion (S$54 billion) merger with a blank-check company.
Source: TODAYonline - 🏆 1. / 99 Read more »