Real Estate
Japanese bonds yields fall ahead of test at 40-year auction
[TOKYO] Yields on Japanese super-long bonds fell ahead of an auction on Wednesday (May 28) that is expected to test demand following a recent sale that sent jitters through...
Singapore-based Quadria’s 3rd healthcare fund closes at US$1.1 billion, above US$800 million target
[SINGAPORE] Quadria Capital, a Singapore-based private equity (PE) firm, announced on Tuesday (May 27) the final close of its third healthcare fund at nearly US$1.1 billion.That is above the...
Trump Media to raise US$3 billion to spend on cryptocurrencies: report
The company behind Truth Social, a streaming and social media platform, has been exploring potential mergers and acquisitions as it aims to diversify into financial servicesPublished Tue, May 27,...
EU warns Shein of fines in consumer protection probe
Shein could also be the target of EU regulatory demands under the EU’s Digital Services ActPublished Mon, May 26, 2025 · 11:40 PM[BRUSSELS] The European Union on Monday (May...
Tampines Changkat MP Desmond Choo resigns from SBS Transit’s board after Cabinet appointment
[SINGAPORE] Member of Parliament for Tampines Changkat single-member constituency (SMC) Desmond Choo resigned from the board of SBS Transit on Monday (May 26). This follows his appointment as Minister...
HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders
[HONG KONG] China Mobile’s HK$7.8 billion (S$1.3 billion) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based company is open to engage with more...
China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global tradePublished Mon, May 26, 2025 · 07:21 PM[BEIJING] China’s central bank asked its major...
Chinese food delivery giant Meituan net profit up 46.2% in first quarter
The company controls nearly 70% of China’s delivery market, but rising competition could drive up costs and squeeze margins, analysts sayPublished Mon, May 26, 2025 · 05:36 PM[SHANGHAI] China’s...
Hong Leong Bank forms private banking alliance with Lombard Odier
[SINGAPORE] Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May 26) announced it has formed...
Centurion seen as small-cap ‘jewel’ amid demand for dormitory spaces, potential Reit listing
[SINGAPORE] With demand for foreign workers continuing to outpace the supply of dormitory spaces, Centurion Corporation is ramping up capacity and exploring asset monetisation, making it a small-cap property...