Leadership
Citi says it’s time to book profits in high-flying AI equities
THE rally in artificial-intelligence stocks may show little sign of flagging, but a historical review suggests it’s time to take profit in the biggest names, according to strategists at...
Ping An Insurance considering convertible bond sale this year
The insurer would need Chinese regulatory approval to proceed with a convertible bond salePing An Insurance (Group) is considering a convertible bond sale this year, according to people familiar...
China ‘cannot be ignored’: Temasek reshaping China portfolio from export to domestic-driven companies
DESPITE Temasek’s one-year portfolio returns being dragged down by China’s market performance, the world’s second-largest economy remains firmly on the state investor’s radar screen. Temasek said that it is...
Saudi Aramco seeks at least US$3 billion from first bond sale in three years
SAUDI Aramco is looking to raise at least US$3 billion from its first bond sale in three years, according to sources familiar with the plan. The world’s biggest oil...
Frasers Property obtains S$904 million sustainability-linked loan
The facility incorporate a price reduction structure which is pegged to the company’s global real estate sustainability benchmark (GRESB) performance,FRASERS Property’s wholly owned subsidiary, Frasers Property Treasury, has secured...
Top Thai budget carrier expects 2024 core profit to hit record
ASIA Aviation, owner of Thailand’s biggest low-cost airline, expects record earnings from core operations this year as a surge in overseas visitors boosts seat demand and airfares.Thai AirAsia, the...
Asia: Markets rise ahead of Fed chief’s Congress testimony
ASIAN markets rose on Tuesday following gains in US stocks and ahead of Fed chief Jerome Powell’s testimony to Congress which will be closely watched for any hints on...
Hong Kong unveils plan to regulate Uber 10 years after launch
HONG Kong outlined long-anticipated plans to regulate ride-hailing services, potentially limiting the scope of Uber Technologies in a city known for its poor taxi services.Authorities intend to license platforms...
Charting a Hi-P return to the Singapore bourse, backed by a S$100m cash injection from Temasek-linked firm
ADVANCED manufacturing service provider Hi-P has secured a S$100 million investment from Temasek-backed 65 Equity Partners, likely with a view to a listing on the Singapore Exchange. The capital...
