Lifestyle

VinFast pushes ahead with Asia expansion even as EV growth slows
VinFast pushes ahead with Asia expansion even as EV growth slows
June 12, 2024
Vietnamese electric carmaker VinFast Auto is pushing ahead with expansion across Asia, with founder Pham Nhat Vuong undettered by slowing global electric vehicle (EV) demand and a tepid start...
Indian banks to ask regulator to not raise provisioning for infra loans: sources
Indian banks to ask regulator to not raise provisioning for infra loans: sources
June 12, 2024
The Indian Banks’ Association (IBA) will ask the central bank to keep provisioning for infrastructure project loans unchanged, in its feedback to the latter’s recent proposal to raise the...
KKR raises A0 million private credit loan for Perpetual buy
KKR raises A$500 million private credit loan for Perpetual buy
June 12, 2024
KKR & Co agreed to a private credit loan of about A$500 million (S$447 million) from Blackstone and Goldman Sachs Asset Management to help finance its acquisition of Australian...
Donald Trump meets Bitcoin miners in his latest pro-crypto overture
Donald Trump meets Bitcoin miners in his latest pro-crypto overture
June 12, 2024
SEVERAL Bitcoin miners met with former president Donald Trump at Mar-a-Lago on Tuesday (Jun 11) night, according to Matthew Schultz, executive chairman at crypto mining company CleanSpark.Trump told attendees...
China weighs ban on bank distribution of hedge fund products
China weighs ban on bank distribution of hedge fund products
June 12, 2024
CHINESE regulators are considering tougher restrictions on how banks sell financial products to the public, in a move that could cut off a major distribution channel for some of...
Singapore shares open higher on Wednesday; STI up 0.3%
Singapore shares open higher on Wednesday; STI up 0.3%
June 12, 2024
SINGAPORE equities started Wednesday (Jun 12) morning on a strong footing, amid mixed global performance overnight.As at 9.01 am, the Straits Times Index (STI) opened 0.3 per cent or 11.27...
Yoma cites FY2024 results, brokerage, media reports as potential reasons for unusual trading activity
Yoma cites FY2024 results, brokerage, media reports as potential reasons for unusual trading activity
June 12, 2024
YOMA Strategic Holdings said it was unaware of any reasons for its recent unusual trading activity after being queried by the Singapore Exchange Regulation (SGX RegCo). After the market...
Yoma cites FY2024 results, brokerage, media reports as potential reasons for unusual trading activity
Yoma cites FY2024 results, media reports as potential reasons for unusual trading
June 12, 2024
YOMA Strategic Holdings said it was unaware of any reasons for its recent unusual trading activity after being queried by the Singapore Exchange Regulation (SGX RegCo). After the market...
Fake players popping up in Asia’s family office frenzy
Fake players popping up in Asia’s family office frenzy
June 12, 2024
AS EDOARDO Collevecchio was getting ready to speak at a conference in Singapore, he recognised the family office that employed a fellow panellist. But as they exchanged small talk,...
Stocks to watch: SIA, Sabana Reit, Yoma Strategic, Cordlife
Stocks to watch: SIA, Sabana Reit, Yoma Strategic, Cordlife
June 12, 2024
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jun 12): Singapore Airlines : C6L 0% (SIA): The national flag carrier is offering...