Leadership
Aspial Lifestyle unit ups stake in property debt investment platform BigFundr to 70% from 15%
ASPIAL Lifestyle’s fully-owned subsidiary Maxi-Cash Capital Management (MCCM) is raising its stake in real estate investment platform BigFundr to 70 per cent from the current 15 per cent. In...
London’s Heathrow airport shelves third runway plan
LONDON’S Heathrow airport is shelving plans to add a third runway and will examine other options to handle more passengers, The Sunday Times reported. Chief executive officer Thomas Woldbye...
Zong Qinghou, Chinese beverage mogul who bested Danone, dies aged 79
ZONG Qinghou, the self-made billionaire who became China’s richest man by wresting control of the country’s top beverage brand from Danone, has died. He was 79. The founder and...
Nvidia is a must-buy. Or is it?
IN 2002, after the dot-com bubble burst and Sun Microsystems swooned, the company’s co-founder Scott McNealy highlighted the folly of Wall Street analysts who favoured one particular financial metric...
Healthcare S-Reits outperform in February
According to First Reit’s 2.0 Growth Strategy, rolled out in FY2021, it aims to have more than 50 per cent of assets under management (AUM) from developed markets by...
Earnings focus reduces buybacks and director acquisition filings
INSTITUTIONS were net sellers of Singapore stocks over the five trading sessions through to Feb 22, with S$141 million of net institutional outflow, as 10 primary-listed companies conducted buybacks...
Bezos, Nvidia join OpenAI in funding robot startup
JEFF Bezos, Nvidia Corp and other big technology names are investing in a business that is developing human-like robots, according to people with knowledge of the situation, part of...
Blackstone CEO Schwarzman received US$896.7 million in pay, dividends in 2023
BLACKSTONE chief executive Steve Schwarzman took home US$896.7 million in pay and dividends last year, a 29 per cent decline from his record take in 2022, according to a...
