Leadership
Goldman Sachs CEO says firm to raise ninth private equity fund
GOLDMAN Sachs CEO David Solomon said on Tuesday (Feb 27) the firm will raise its ninth private equity fund this year. “We’ll launch what we call Capital Partners IX......
Cordlife braces for 25-30% slide to FY23 net profit amid mishandling scandal
PRIVATE cord blood bank Cordlife Group on Tuesday (Feb 27) said it is anticipating a 25 to 30 per cent slide to its net profit for the financial year...
Sony cuts 900 jobs in gaming, shuts down London division
SONY Group will lay off 900 people across its video-game division worldwide, or about 8 per cent of its employees, and close a group in London. “After careful consideration...
Geo Energy H2 profit falls almost 40% as finance costs hike by US$5.5 million
INDONESIAN coal producer Geo Energy Resources on Tuesday (Feb 27) reported a drop in net profit of almost 40 per cent to US$34.8 million for the second half of...
Interest-rate cuts expected to send money into private assets
CUTS in interest rates should push investors out of the comfort of money-market funds and government bonds and into riskier products, including private assets, market watchers said.Even as central...
Sinarmas Land’s H2 net profit down 24.6%; further slowdown expected this year
SINARMAS Land posted on Tuesday (Feb 27) a net profit of S$163 million for the six months ended Dec 31, 2023, a 24.6 per cent drop from the S$216.1...
Hong Kong burnishes role as Asia’s green financial hub
[HONG KONG] Hong Kong is burnishing its credentials as Asia’s pre-eminent green financial hub, having arranged the issuance of over a third of Asia’s green finance in bonds and...
Hong Kong burnishes role as Asia’s green financial hub
[HONG KONG] Hong Kong is burnishing its credentials as Asia’s pre-eminent green financial hub, having arranged the issuance of over a third of Asia’s green finance in bonds and...
