Business
UBS to sell India wealth business to 360 ONE, take 5% stake in India partner
This deal will see the firm relinquish equity control in its India onshore wealth business while taking up the offshore wealth business of…
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Business
Business
UBS resets India strategy with 360 ONE deal
UBS said on Tuesday (Apr 22) that it would sell its Indian wealth business to 360 ONE WAM and take a stake of nearly 5 per cent, worth…
Business
Meta appoints new Singapore country director Nicole Tan
She will spearhead digital innovation and AI opportunities for businesses in the country Meta has appointed Nicole Tan as its new country…
Business
‘The people’s pope’: what the papers say about the death of Pope Francis
The death of Pope Francis has reverberated around the world, with the Catholic leader remembered by millions as a Jesuit pontiff who…
Business
China’s Nio delays Europe launch of Firefly EV to third quarter
The company will sign a contract to sell cars into Singapore this week, CEO William Li says China’s Nio said on Tuesday (Apr 22) it would…
Business
China’s Nio looks to European partners to overcome expansion challenges
Nio, which is preparing to launch its lower-priced Firefly and Onvo sub-brands in Europe, is recalibrating its expansion strategy due to…
Business
Air India keen to take Boeing jets refused by China airlines
Air India is looking to take Boeing planes rejected by Chinese carriers, sources familiar with the matter said, joining the ranks of Asian…
Business
JPMorgan to expand San Francisco office in boost to downtown
JPMorgan Chase is expanding its San Francisco office and committing its marquee healthcare conference to the city for another year,…
Business
Gold rises to a record US$3,500 as traders seek safe havens
Gold surged past US$3,500 an ounce for the first time before paring some gains, as concern that President Donald Trump could fire Federal…
Business
Metals billionaire Anil Agarwal seeks mining reboot amid debt overhaul, Saudi push
Indian billionaire Anil Agarwal is inching closer to finishing a long-planned breakup of his metals-to-energy conglomerate Vedanta, a move…
Business
ESR-Reit Q1 NPI up 31.3% at S$82.5 million on acquisitions, asset enhancements
The manager of ESR-Reit on Tuesday (Apr 22) posted a 31.3 per cent rise in net property income (NPI) for the first quarter to S$82.5…
Business
Circle plans stablecoin-powered cross border payment network
Circle Internet Group is launching a payments network designed to allow financial institutions and technology firms to settle cross-border…
Business
Keppel Infrastructure Trust posts 27.7% higher Q1 distributable income of S$65 million ahead of GMG acquisition
Keppel Infrastructure Trust (KIT) on Tuesday (Apr 22) reported a jump in distributable income of 27.7 per cent to S$65 million, from…
Business
Stocks to watch: FCT, Parkway Life Reit, KIT, ESR Reit, Nanofilm, Paragon Reit
The following companies saw new developments that may affect trading of its securities on Tuesday (Apr 22). Frasers Centrepoint Trust…
Business
Parkway Life Reit Q1 DPU up 1.3% at S$0.0384 on nursing home acquisitions
Parkway Life Reit has raised its first-quarter distribution per unit (DPU) by 1.3 per cent to S$0.0384 from S$0.0379 in the previous…
Business
Trump ramps up attacks on Powell while China flexes, markets fall again
Wall Street markets cratered again Monday as investors reacted to President Trump's decision to dial up attacks on Federal Reserve…
Business
DOGE layoffs of federal mediators leave grocery chain talks and other labor disputes in limbo
In late March, Isael Hermosillo received an ominous message from his supervisor around 7 a.m. ordering him to cancel all his meetings…
Business
Roseate expands in UK and diversifies portfolio in India
Roseate Hotels & Resorts, part of the Bird Group, is looking to expand its presence in the UK hospitality market following its recent…
Business
Employee Benefits: The New Deal Breakers
In today’s job market, employee benefits packages are more than just perks—they’re deal breakers. Workers are increasingly prioritizing…
Business
US: Wall Street opens lower as Trump takes aim at Powell
Wall Street’s main indexes opened down on Monday (Apr 21) after US President Donald Trump’s renewed attacks against Federal Reserve chair…
Business
Greenback slides as Fed independence under threat from Trump
The US dollar tumbled on Monday (Apr 21) as investor confidence in the US economy took another hit over President Donald Trump’s plans to…
Business
Singapore stocks rise on Monday as STI extends rally
The Straits Times Index (STI) continued to rally on Monday (Apr 21) as Asian indices closed mixed amid traders tracking the tariff talks.…
Business
Asean remains attractive amid global trade, supply chain disruptions: UOB CEO Wee Ee Cheong
The Asean region remains an attractive market to do business with, even amid uncertainties due to geopolitical risks and the impact of the…
Business
Parkway Life Reit to exit Malaysia
The manager of Parkway Life Real Estate Investment Trust (PLife Reit) announced on Monday (Apr 21) that the healthcare Reit is selling…