SINGTEL'S BPL (Barclays Premier League) victory is widely seen as the goal it needed to start challenging incumbent StarHub. While that is undoubtedly true for the short term, the ultimate aim behind its willingness to pay top dollar could lie in forcing the policy change that will tilt the balance of pay-TV power in the long run.
THROUGHOUT all of last week, sharp rises in Jardine Matheson (JM), Jardine Strategic (JS) and Jardine Cycle & Carriage (JC&C) to new all-time highs helped push the Straits Times Index significantly higher on five successive days.
LIPPO Group has positioned itself in a pretty sweet spot by buying out ex-partner Ananda Krishnan's stake in Overseas Union Enterprise (OUE), and upping its hold on the property company to 88.52 per cent.