Posts by Stephanie Irvin
Australia’s Insignia agrees to A$3.3 billion takeover by CC Capital, ending bidding war
Published Tue, Jul 22, 2025 · 08:04 AM AUSTRALIA’S Insignia Financial agreed on Tuesday to a A$3.3 billion (S$2.8 billion) all-cash takeover by investment manager CC Capital, ending a months-long bidding war after US-based rival Bain Capital withdrew its competing offer. Under the agreed deal, CC Capital will pay shareholders A$4.80 per share in cash.…
Read MoreWhat is the Divorce Rate for Gen Z?
Divorce, once considered a taboo subject shrouded in stigma and secrecy, has undergone a profound transformation in societal perception over the past several generations. Where previous eras often viewed divorce as a moral failing or social disgrace, today it is increasingly seen as a personal choice and a pathway to healthier, happier lives. In previous…
Read MoreTokenize Xchange to exit Singapore after being denied digital payment token licence
All 15 employees of Tokenize Singapore will be laid off by Sep 30 but some may be offered work in the company’s international operations [SINGAPORE] Cryptocurrency exchange Tokenize Xchange will cease its Singapore operations from Sep 30. This comes after the Monetary Authority of Singapore (MAS) decided not to grant the company a licence to…
Read MoreBevy of Chinese mega listings propel Hong Kong to top global exchange in H1 2025
[HONG KONG] A parade of China’s mega listings in Hong Kong since the turn of the year has helped restore some of the shine to the city as the world’s largest fundraising destination for initial public offerings (IPOs). A significantly large number of Chinese firms seeking stock listings in Hong Kong, along with a rush of capital…
Read MoreChinese mega listings catapult Hong Kong to top spot in global markets for IPOs in H1 2025
[HONG KONG] A parade of China’s mega listings in Hong Kong since the turn of the year has helped restore some of the shine to the city as the world’s largest fundraising destination for initial public offerings (IPOs). A significantly large number of Chinese firms seeking stock listings in Hong Kong, along with a rush of capital…
Read MoreHSBC renews hunt for board chair amid struggle to fill shortlist: FT
Published Sun, Jul 20, 2025 · 04:21 PM HSBC is refreshing its search for a new board chairman, the Financial Times reported on Saturday (Jul 19). The development came after the bank could not find enough satisfactory candidates for a final shortlist. The London-headquartered lender has been seeking a replacement for Mark Tucker, who announced…
Read MoreHSBC renews hunt for board chairman amid struggle to fill shortlist: FT
Published Sun, Jul 20, 2025 · 04:21 PM HSBC is refreshing its search for a new board chairman, the Financial Times reported on Saturday (Jul 19). The development came after the bank could not find enough satisfactory candidates for a final shortlist. The London-headquartered lender has been seeking a replacement for Mark Tucker, who announced…
Read MoreIPCG accuses Deutsche Bank of breaching agreement, files lawsuit
[SINGAPORE] Asset manager Invest Partners Capital Group (IPCG) is suing Deutsche Bank for allegedly breaching a contractual agreement governing their external asset management arrangement, according to court documents filed with the High Court on Jul 11 and seen by The Business Times. The bank allegedly offered better pricing and terms directly to IPCG’s former client,…
Read MoreReit ETFs see 40% AUM growth in past year as S-Reits regain appeal
[SINGAPORE] Over the past 12 months, Singapore-listed real estate investment trust (Reit) exchange-traded funds (ETFs) have seen more than S$300 million in net new inflows, reflecting continued investor demand. The combined assets under management (AUM) of these ETFs have surged by 40 per cent over a year, reaching an all-time high of S$1.2 billion by…
Read MoreMicrosoft to stop using engineers in China for tech support of US military, Hegseth orders review
[SAN FRANCISCO] Microsoft on Friday said it will stop using China-based engineers to provide technical assistance to the US military after a report in investigative journalism outlet ProPublica sparked questions from a US senator and prompted Defence Secretary Pete Hegseth to order a two-week review of Pentagon cloud deals. The report detailed Microsoft’s use of…
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