Business
Coliwoo to acquire S$101 million Changi asset from ESR-Reit
The property’s location in Changi Business Park provides access to an established corporate tenant base Co-living operator Coliwoo has…
Tag
asset
Business
YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push
Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding…
Business
Citigroup India nears US$1 billion book of asset backed securities
While securitisation deals are common in developed economies, the country’s market is still nascent Citigroup’s India unit has more than…
Business
Repositioning of IReit Global’s Berlin asset to have ‘significant impact’ on DPU
The absence of property income as a result of the repositioning of IReit Global’s office asset in Berlin is expected to have a…
Business
Vietnam Yet To Receive Proposals For Digital Asset Trading Pilots: Ministry
The Vietnam Finance Ministry said it has not yet received any proposals from enterprises seeking to participate in the country’s digital…
News
Australia Drafts Law to Tighten Oversight of Digital Asset Platforms
Australia has released draft legislation to regulate digital asset platforms, proposing a framework that extends financial services laws…
Politics
Medvedev threatens UK with asset seizure over support for Ukraine
Russian former president Dmitry Medvedev is threatening the UK government with the expropriation of British state assets because of its…
Business
Meta to share AI infrastructure costs via US$2 billion asset sale
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power…
Business
Saudi Aramco considers asset sales to free up funds: sources
Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it…
Business
Manulife US Reit gets nod to extend asset disposal deadline to Dec 31
The manager of United States office real estate investment trust (Reit) Manulife US Reit (MUST) on Friday (May 23) announced it has…
Business
Rajeev Mittal appointed CEO of Prudential’s asset management arm
Rajeev Mittal will lead Prudential’s asset management business, Eastspring Investments, from Jul 1. He will replace Bill Maldonado, who…
Business
Musk-Tied Investor Clashes With One of World’s Biggest Asset Managers
A prominent Silicon Valley investor is in a bitter dispute with his former employer, one of the world’s largest asset managers, accusing…
Business
Airbus to take over Spirit asset as part of Boeing reintegration
Airbus reached a final agreement to take over some assets and sites from Spirit AeroSystems Holdings, clearing the way for the struggling…
News
Old video misrepresented as Indonesian legislature 'rejecting asset seizure bill against graft convicts'
After several executives from subsidiaries of Indonesia's state-owned energy firm were arrested for alleged corruption, calls for the…
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
Cargill’s asset network, innovation help food businesses manage market volatility
In agribusiness where volatility stays, food giant Cargill is responding to its customers’ evolving needs with flexibility and innovation.…
Business
US asset sell-off hammers greenback against safe-haven currencies, euro
THE US dollar dropped versus safe-haven currencies and the euro on Wednesday (Apr 9) as investors worried about the economic impact of US…
Business
23andMe shares tumble after bankruptcy filing and California attorney general's privacy warning
South San Francisco-based genetic testing venture 23andMe saw its shares plunge more than 50% Monday after the company announced it had…
Business
Temasek’s asset manager Seviora expands to the Middle East
Seviora Group, an asset manager that is wholly owned by Temasek, is widening its reach by opening its first office in the Middle East.…
Business
Business Equipment: Asset or Liability?
Understanding the nature of your equipment is key to managing your finances when running a business. Equipment plays a vital role in…
Business
ESR Group warns of plunge into US$730 million loss on asset and project revaluations
Hong Kong-listed real asset manager ESR Group, the sponsor of Singapore Exchange-listed ESR Real Estate Investment Trust (ESR-Reit),…
Business
Seven & i Holdings picks Bain as preferred buyer in asset sale: report
Bain is believed to have offered a valuation of more than 700 billion yen for York Holdings JAPAN’S Seven & i Holdings, operator of the…
Politics
Asset managers churn out defence funds once deemed uninvestable
As governments across Europe ratchet up defence spending, money managers who previously judged the sector too controversial to touch are…
Business
Bybit Hit by Record $1.5 Billion Crypto Heist: North Korean Hackers Suspected in Largest Digital Asset Theft Ever
Bybit, one of the world's largest cryptocurrency exchanges, has been hacked, with analysts estimating losses of nearly $1.5 billion.…