Leadership
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest rate...
Apple facing hurdles in adapting Baidu AI models for China, The Information reports
APPLE and Baidu are working to add AI features to iPhones sold in China, but are facing hurdles that could hurt the tech giant’s phone sales in the country,...
Consortium proposes HK$55.2 billion privatisation of Hong Kong-listed ESR
A CONSORTIUM of investors led by Starwood Capital Group, Sixth Street Partners and SSW Partners has made an offer to take Hong Kong-listed real estate fund manager ESR Group...
Political drama hits South Korean markets with investors likely to stay cautious
NERVOUS investors sold off South Korean heavyweight stocks yesterday after the shock move by the country’s President Yoon Suk-yeol on Tuesday (Dec 3) night to declare martial law.Although the...
Hong Fok acquires five units at International Building for S$27.8 million
PROPERTY developer Hong Fok Corporation, through its wholly owned subsidiary Super Homes, has acquired five ground-floor units at International Building for S$27.8 million.With the acquisition, Hong Fok now owns...
How Much Do Artists Make on Spotify?
Spotify has transformed how artists share their music and earn money. But many wonder, how much do artists make on Spotify? This article explores Spotify’s payment structure, earnings per...
Singapore investors think AI investments boost companies’ productivity, profitability: PwC survey
SINGAPORE investors think technological advances will be the most significant driver of change for the businesses they invest in – ahead of factors such as government regulation, geopolitics, supply...
Singapore, Hong Kong to make up half of StanChart’s affluent business in ‘ambitious’ expansion plans
It is targeting US$200 billion in new assets and double-digit income growth in its wealth business over the next five yearsSINGAPORE and Hong Kong will continue to make up...