Leadership
OUE Reit Treasury prices S$250 million green notes due 2027 at 4.1%
OUE Real Estate Investment Trust (Reit) Treasury, a wholly owned subsidiary of OUE Reit : TS0U 0%, has priced its offering of S$250 million of green notes under its...
Alphabet names Lilly executive Anat Ashkenazi as CFO
ALPHABET named Anat Ashkenazi as its chief financial officer on Wednesday (Jun 5), turning to a top executive from drugmaker Eli Lilly to help steer the Google parent in...
US dollar gains after stronger-than-expected services sector data
THE US dollar rose on Wednesday (Jun 5) after data showed that the services sector in the world’s largest economy rebounded in May after a contraction the month before,...
Bank of Canada cuts rates for first time in four years
The Bank of Canada (BOC) on Wednesday (Jun 5) trimmed its key policy rate by 25 basis points to 4.75 per cent, its first cut in four years, and...
Yangzijiang Financial enters JV with Alpha Omega Marine to acquire vessel
YANGZIJIANG Financial : YF8 0% announced on Wednesday (Jun 5) that its maritime fund entered into a joint venture with Alpha Omega Marine, a Singapore-based equity-investment vehicle specialising in...
Elliott pushes Softbank to buy back shares after taking stake
ELLIOTT Management has built a sizable stake in SoftBank Group and is pushing the Japanese investment firm to launch a US$15 billion buyback, according to people familiar with the...
OCBC takes HNWI banking to next level as clients grow ‘more cosmopolitan and sophisticated’: Helen Wong
AS ASIAN wealth increases, more high-net-worth individuals (HNWIs) in Asean are becoming interested in preserving their wealth across generations, said OCBC : O39 0% group chief executive Helen Wong.“HNWIs...
Thai government eyes tighter grip on central bank after spat
THAI Prime Minister Srettha Thavisin’s administration is discussing ways to exert more control over the country’s central bank after repeatedly clashing with the monetary authority on economic policy, according...
India bonds still a ‘buy’ for foreign investors despite post-election policy uncertainty
India’s government bonds will continue to attract foreign flows even as a narrower-than-expected victory margin for Prime Minister Narendra Modi-led alliance could prompt a shift in policy, fund managers...
EMA, Korea Gas Corporation ink MOU to collaborate on LNG procurement, supply chain management
SINGAPORE’S Energy Market Authority (EMA) signed a memorandum of understanding (MOU) with Korea Gas Corporation to collaborate on liquefied natural gas (LNG) procurement and supply chain management for Singapore...