Lifestyle
UBS to boost Asia-sourced assets to 20% in five to six years: CEO
UBS plans to tap growth in Asia and increase assets sourced from clients in the region to 20 per cent in five-to-six years, chief executive Sergio Ermotti said on...
France’s Atos opens debt restructuring talks after posting record losses
ATOS, the crisis-hit French IT consulting firm whose shares plummeted over the last two years, said it was aiming to restructure its heavy pile of debt by July, paving...
Morgan Stanley’s ETFs break US$1 billion with fund conversions
MORGAN Stanley’s exchange-traded lineup now holds more than US$1 billion thanks to the firm’s first-ever mutual-fund conversions. The issuer is flipping two fixed-income mutual funds – one that follows...
Sabana Reit trustee’s first meeting with internalisation committee fails
HSBC Institutional Trust Services’ first meeting with the internalisation committee of Sabana Industrial Real Estate Investment Trust (Sabana Reit) did not take place as intended on Mar 25, as...
Sabana Reit trustee’s first meeting with internalisation committee fails; unitholders requisition EGM
HSBC Institutional Trust Services’ first meeting with the internalisation committee of Sabana Industrial Real Estate Investment Trust (Sabana Reit) did not take place as intended on Mar 25, as...
Singapore stocks open Tuesday largely flat after inflation surprise, STI up 0.04%
SINGAPORE stocks opened muted on Tuesday (Mar 26) morning after data for Singapore’s headline and core inflation in February came in hotter than anticipated. Figures released on Monday showed...
Dell reduces workforce as part of broader cost cuts
DELL Technologies reduced its workforce as part of a broader initiative to cut costs that included limiting external hiring and employee reorganisations, it said in a filing on Monday...
Yen stabilises after finance minister comments, dollar dips