Lifestyle
Russian oil shipments shift to western tankers as prices slump
[LONDON] A slump in oil prices is allowing Russia’s crude to be carried on tankers owned and insured by western companies, helping tighten the market for those ships around...
Brent, WTI prices climb more than US$1 on possible Iran crude restriction
[BENGALURU] Brent and West Texas Intermediate (WTI) crude climbed more than US$1 on Friday (Apr 11) after US Energy Secretary Chris Wright said the US could end Iran’s oil...
Nickel scam accused paid S$7 million for 8 luxury cars and S$1 million for vintage car plate: dealer
[SINGAPORE] Alleged nickel fraudster Ng Yu Zhi was said to have splurged about S$7 million on eight luxury cars – five of them transferred to his wife and girlfriends...
BlackRock misses long-term flow expectations amid Asia outflows
[NEW YORK] The world’s largest asset manager BlackRock pulled in a less-than-expected US$83 billion of client money to its investment funds in the first quarter, which ended just days...
EBITDA Explained: Beyond the Buzzword
EBITDA, short for Earnings Before Interest, Taxes, Depreciation, and Amortization, is a term that gets thrown around a lot in finance. But what does it really mean? In this...
Indonesia’s US$48 billion social security fund eyes doubling equities exposure
[JAKARTA] Indonesia’s US$48 billion social security fund BPJS Ketenagakerjaan, the country’s largest institutional investor, aims to raise the share of local equities in its portfolio to up to 20...
Top US pension funds suffer US$169 billion blow from tariffs shock
The total losses for the whole US public retirement system will likely be “significantly higher”[NEW YORK] The top 25 state and local US pension investment funds suffered an estimated...
CapitaLand Investment bullish on healthcare’s real estate needs
[SINGAPORE] As South-east Asia’s population ages, more physical spaces are needed for the healthcare and wellness services that people will require in their senior years. And CapitaLand Investment (CLI)...
