The New York Stock Exchange on Tuesday set a reference price of US$7.25 per share for Palantir Technologies Inc, valuing the data analytics company at a US$15.8 billion ahead of its public market debut on Wednesday.
A 50-YEAR bond - the longest tenor by Temasek Holdings - is being marketed by the state investment firm's wholly owned subsidiary, Temasek Financial (I) Limited (TFin-I).
GOLDMAN Sachs on Tuesday announced that it will build an electronic foreign exchange (FX) pricing engine in Singapore to deliver low-latency execution for its clients.
A COUNCIL set up to review the MediShield Life insurance plan has proposed a number of enhancements to ensure that a greater proportion of subsidised bills are covered.
Walt Disney Co will lay off roughly 28,000 employees in its theme parks division, the company said on Tuesday, as its resorts struggle with limited attendance amid the coronavirus pandemic.
World Bank President David Malpass said on Tuesday he is seeking board approval for a US$12 billion coronavirus vaccine financing plan to help poor and developing countries secure a sufficient share of vaccine doses when they become available in the coming months.
U.S. consumer confidence rebounded more than expected in September amid an improvement in labor market views, but it remained below levels that prevailed before the COVID-19 pandemic struck the nation early this year.
The International Space Station is leaking air in above-normal volumes, but the leak presents no danger to the Russian-American crew, the Russian space agency Roscosmos said on Tuesday.
