Leadership
Cromwell E-Reit to rename and rebrand, following completion of 280 million euro manager buyout
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) will be renamed Stoneweg European Reit from Jan 2, 2025, with corresponding updates to its security and counter names on the...
Gojek, Tada, ComfortDelGro Zig raising platform fees from Jan 1 to cover costs arising from upcoming Platform Workers Act
FROM Jan 1, 2025, the platform fee on ComfortDelGro’s app Zig will be adjusted by S$0.30 to S$0.50, the land transport giant announced on Tuesday (Dec 24).Therefore, the platform...
Amicorp denies 1MDB’s US$1 billion asset recovery claim
Authorities in Asia, the US and Europe have been working to coordinate their investigations into the money trail from 1MDBAmicorp Group has rejected troubled state wealth fund 1Malaysia Development’s...
China’s wild markets send Hong Kong derivatives to third record year
FOR a third year in a row, trading of derivatives in Hong Kong has hit a record. More than 377 million futures and options have changed hands on the...
Bitcoin momentum ebbs heading into last stretch of record year
BITCOIN is flagging in the last leg of a record-breaking year.The digital asset changed hands at about US$94,500 early on Tuesday (Dec 24) in Asia, roughly US$14,000 below the...
F&N announces changes to its board for 2025
Fraser and Neave (F&N) announced on Tuesday (Dec 24) that its board chairman Charoen Sirivadhanabhakdi will retire from office on Jan 16, 2025, at the conclusion of its 126th Annual...
Singapore pulls ahead of Hong Kong in race to be crypto hub
SINGAPORE forged ahead with efforts to formulate a digital assets hub in 2024, while rival financial centre Hong Kong has struggled to gain traction.Singapore doled out 13 crypto licenses...
Oil prices ease on surplus concerns, US dollar strength
OIL prices edged lower on Monday (Dec 23) in thin trade ahead of the Christmas holiday on concerns about a supply surplus next year and a strengthened US dollar.Brent...