Real Estate
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...
Frasers Centrepoint Trust launches preferential offering at S$2.05 apiece
[SINGAPORE] The manager of Frasers Centrepoint Trust on Tuesday (Apr 8) announced the launch of a preferential offering at S$2.05 per unit.The issue price represents a 7.4 per cent...
Blue-chip listcos scoop up more shares; Singapore market shows signs of recovery on pause to Trump tariffs
[SINGAPORE] Constituent companies on the Straits Times Index (STI) lost no time in picking up their own shares after the benchmark index tanked on US President Donald Trump’s tariffs....
Binance founder Zhao to help Pakistan boost crypto trading bid
Crypto trading is steadily gaining traction among Pakistan’s 230-million population despite its central bank’s warning over the risks posed by the industry[CHITTAGONG] Pakistan has roped in Zhao Changpeng (...
