Real Estate
Nickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
[SINGAPORE] Ng Yu Zhi spent S$8 million on a semi-detached house and splurged S$2 million on a total of 41 works of art, allegedly using the ill-gotten gains from...
Chinese tea chain Chagee CEO becomes a billionaire after US$411 million US IPO
[NEW YORK] A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two...
Hyundai to suspend EV production in South Korea due to slow demand, US tariffs
The suspension comes as EV orders from major markets have fallen sharply in April Published Thu, Apr 17, 2025 · 08:07 PM[SEOUL] Hyundai Motor plans to temporarily suspend production...
‘Compelling yields’: DBS flags opportunity in hotel S-Reits on Mice, concert hub status
[SINGAPORE] Hotel Singapore-listed real estate investment trusts (S-Reits) could benefit from the Republic’s drive to establish itself as a regional hub for meetings, incentives, conventions and exhibitions (Mice) and...
Bank of Korea holds rate steady while citing big rise in downside risks
[SEOUL] The Bank of Korea kept its benchmark interest rate steady while citing a significant increase in downside risks to growth that have emerged since February, in a dovish...
Malaysia Aviation Group reports RM54 million net profit in 2024
The parent company of Malaysia Airlines has been steadily growing and renewing its fleetPublished Thu, Apr 17, 2025 · 11:07 AM[KUALA LUMPUR] Malaysia Aviation Group (MAG), the parent company...
Insurance Claims: The New AI Reality
The world of insurance claims is changing fast, and a big part of that change is artificial intelligence (AI). While some worry that AI might take over, the reality...
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
[TOKYO] PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific region this year even as Donald Trump’s trade...
