Business
Insurers brace for inflation, shift towards private assets: Goldman Sachs survey
While inflation remains a pressing concern for most insurers, their appetite for private assets remains robust. Despite the economic…
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Business
Business
Nanofilm takes out 50 million yuan loan to fund Chinese subsidiary
Nanofilm Vacuum Coating (Shanghai), a wholly owned subsidiary of mainboard-listed Nanofilm Technologies, has obtained a 50 million yuan…
Business
Simple Economics May Derail the MAHA Reform of Food Stamps
Smarter policies and healthier citizens are worthy goals. But good intentions alone won’t deliver them. Source link
Business
Size and sponsor matter for investors in new S-Reit listings, say observers
One analyst notes that many are wary of locally listed Reits with foreign assets, due to higher cost of capital and potential market…
Business
Singapore stocks track regional gains on Tuesday; STI up 0.5%
Singapore Exchange is the top gainer on the index while Venture Corp sees the biggest drop Singapore stocks ended higher on Tuesday (Mar…
Business
Proton launches its new e.MAS 7 BEV in Nepal
Malaysian national car company Proton announced it has entered the Nepalese battery electric vehicle (BEV) market with the launch of its…
Business
Shell boosts investor returns, trims spending, and bets big on LNG
Shell said it would boost investor returns through the end of this decade by reinforcing its position as the world’s top trader of…
Business
BlackRock debuts Bitcoin exchange-traded product in Europe
The European instrument is BlackRock’s first foray into crypto-linked ETPs outside of North America BlackRock, the world’s largest asset…
Business
Layoffs and Unemployment Grow Among College Graduates
When Starbucks announced last month that it was laying off more than 1,000 corporate employees, it highlighted a disturbing trend for…
Business
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
Chocolate Finance takes S$500 million hit from 2 weeks’ run of redemptions; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
Temasek-backed insurance services firm Specialist Risk Group sets up Asia-Pacific hub in Singapore
London-headquartered Specialist Risk Group (SRG) announced the formal launch of its Asia-Pacific operations on Tuesday (Mar 25),…
Business
AstraZeneca seeks to move past China probe with Beijing R&D hub
Ever since AstraZeneca shocked investors in October with news its China chief was under investigation, the British pharmaceutical giant…
Business
What is Macrovalue – set to purchase Cold Storage and Giant – and who are its owners?
Supermarket and retail operator DFI Retail, which owns Cold Storage and Giant in Singapore, said on Mar 24 that it will sell its food…
Business
Cold Storage, Giant customers can expect cheaper products, more variety after takeover, buyer says
Customers of Cold Storage and Giant can expect more value for money, a greater variety of merchandise and new outlets following the sale…
Business
Samsung Electronics Executive Han Jong-Hee Dies at 63
Han Jong-Hee, the co-chief executive of Samsung Electronics and a nearly four-decade veteran of the South Korean consumer technology…
Business
Alibaba’s chairman warns of a ‘bubble’ in AI data centre buildout
Alibaba Group Holding chairman Joe Tsai warned of a potential bubble forming in datacenter construction, arguing that the pace of that…
Business
Ex-Goldman analyst’s hedge fund reaps 300% on small Japan banks
Katsunori Tanaka spent most of his 19 years at Goldman Sachs scrutinising Japan’s biggest banks as an equity analyst. Now he’s making…
Business
Old video from India falsely shared as 'locals fighting robbers in Bangladesh'
As concerns grew at the rising crime levels in Dhaka, an old clip was mispresented as locals battling criminals in the Bangladeshi…
Business
China’s steel market is still in thrall to bleak property data
Chinese steel prices are languishing, despite signs of resilience in the wider economy and the approach of peak demand season in the…
Business
Yeo’s chairman Daryl Ng to step down, veteran banker Na Wu Beng to succeed him
Yeo Hiap Seng announced on Tuesday (Mar 25) that its board chairman Daryl Ng will step down from his role after its upcoming annual…
Business
Stocks to watch: DFI Retail Group, Frasers Centrepoint Trust, ESR Reit, GuocoLand, Yeo Hiap Seng
The following companies saw new developments that may affect trading of its securities on Tuesday (Mar 25). DFI Retail Group: The…
Business
Xiaomi raises US$5.5 billion in share sale for business expansion
China’s Xiaomi Corp said on Tuesday it had raised US$5.5 billion in an upsized share sale that will help fund the acceleration of its…