Real Estate
Wanted: C-suiters and specialists to serve ultra-rich as they pivot to alternative assets
[SINGAPORE] As demand for alternative assets is heating up in Singapore, so too is the need to hire more staff versed in the field. Leading recruitment agencies saw more...
GXS’ acquisition of Validus’ Singapore business a sign of market validation
[SINGAPORE] The recent acquisition of small and medium enterprise (SME) lender Validus’ Singapore business is a sign of market consolidation and validation in South-east Asia.
To recap, GXS Bank acquired...
Tesla moves to stymie shareholder lawsuits after Musk pay saga
Published Sun, May 18, 2025 · 10:00 AM[NEW YORK] Tesla took a step to prevent future shareholder lawsuits like the one that blocked a record-setting pay package for chief...
Binance, Kraken are said to have been targets of hacks
[PORTLAND] Binance and Kraken are among major crypto exchanges that have been targeted by the same type of social-engineering hack that was recently disclosed by Coinbase Global, according to...
Family offices added US stocks ahead of Trump’s ‘Liberation Day’
Published Sun, May 18, 2025 · 08:00 AM[LONDON] Investment firms for the world’s wealthy increased their stock bets ahead of US President Donald Trump imposing new tariffs that sent...
Container ship owners swamped as US-China trade detente revives demand
[LOS ANGELES] Container ship bookings for China-to-US cargo have surged since the countries declared a 90-day truce on punitive tit-for-tat tariffs last weekend, operators said, spawning traffic jams at...
OpenAI to help UAE develop one of world’s biggest data centres
[HONG KONG] OpenAI plans to help develop a massive new data centre in the United Arab Emirates that may eventually be one of the largest in the world, a...
Europe: Stoxx 600 rounds off fifth week of gains, Cartier-parent Richemont advances
[BENGALURU] European shares rounded off their fifth week of gains on Friday (May 16), as trade deals out of the US eased tariff worries and strong corporate results provided...
