Leadership
UK regulator to allow crypto exchange-traded notes for professional investors
BRITAIN’S financial watchdog said on Monday (Mar 11) it will now permit recognised investment exchanges to launch crypto-backed exchange-traded notes, the latest regulator to pave the way for digital...
Saudi wealth fund eyes US$20 billion windfall from Aramco dividend
SAUDI Arabia’s sovereign wealth fund is set to earn about US$5 billion in dividend payments every quarter from its stake in Aramco after the government handed it more shares...
Tokyo stocks end more than 2% lower
TOKYO stocks ended sharply lower on Monday (Mar 11), with the Nikkei briefly falling as much as three per cent on the back of a stronger yen and a...
Former perm sec Tan Tee How to succeed outgoing chairman of CLCT’s manager
CAPITALAND China Trust’s (CLCT) manager has appointed former permanent secretary Tan Tee How as its new chairman of the board, and chairman of the nominating and remuneration committee (NRC)....
Chinese regulators ask large banks to step up support for Vanke, sources say
CHINESE regulators recently met financial institutions to discuss state-backed property developer China Vanke where they asked large banks to enhance financing support and asked private debt holders to discuss...
Asia: Most markets fall after strong US data, eyes on inflation
ASIAN markets mostly fell on Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this...
ESR Group divests ARA Private Funds business for US$270 million
ESR Group has entered into share purchase agreements to divest its ARA Private Funds (APF) business in Australia, Singapore, South Korea and the United States at an agreed enterprise...
Japfa declines comment on potential privatisation deal, says exploratory discussions are regular