Real Estate
Apple exported 1.5 trillion rupees in iPhones from India last year, minister says
The diversification drive has coincided with Prime Minister Narendra Modi’s ambition to turn the country into a manufacturing hub[NEW DELHI] Apple exported more than 1.5 trillion rupees (S$23.6 billion)...
Exxon faces no shareholder proposals for first time in 25 years
It received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company”[NEW YORK] ExxonMobil is facing no shareholder proposals...
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
[SINGAPORE] United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into its Vietnam subsidiary, bringing its...
Resolving succession at Kwek Leng Beng’s Hong Leong Finance
[SINGAPORE] Succession troubles surfaced recently at local-listed property and hotel group City Developments Limited (CDL), when executive chairman Kwek Leng Beng clashed with his son and CDL’s group chief...
Japan debt deals pulled as tariffs hit deals outlook across Asia
[TOKYO] Three Japanese companies have postponed the sale of 100 billion yen (S$916.7 million) worth of yen-denominated bonds in the wake of global financial market volatility induced by US...
Alibaba chases international AI users with new Qwen upgrades
The expansion, through its Singapore availability zones, shows Alibaba ramping up an aggressive campaign to lure AI users and developers both at home and abroad[BEIJING] Alibaba Group Holding’s cloud...
Clean power offers safety to China investors rattled by tariffs
Investors traditionally turn to utilities during times of market upheaval thanks to their relatively stable revenue sources[NEW YORK] China’s clean power generators are emerging as a safe haven for...
UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’; cuts target prices
[SINGAPORE] UOB Kay Hian (UOBKH) downgraded Singapore banks DBS and OCBC to “sell” and “hold”, respectively, citing forecasts of higher credit costs and “anaemic” loan growth resulting from US...
