Real Estate
Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the private healthcare group at more than S$1 billion,...
HP to acquire parts of Humane, Ai Pin startup from ex-Apple managers, for US$116 million
HP WILL acquire assets from Humane, the maker of a wearable Ai Pin introduced in late 2023, for US$116 million.The deal will include the majority of Humane’s employees in...
Budget 2025: Income tax concessions, GST remission for S-Reits extended for 5 years
INCOME tax concessions as well as goods and services tax (GST) remission for Singapore-listed real estate investment trusts (S-Reits) will be extended for five more years, as part of...
FTX estate begins to repay bankrupt exchange creditors in cash
The initial distributions are being made through crypto companies BitGo and KrakenTHE estate of bankrupt crypto exchange FTX has begun distributing cash to creditors more than two years after...
FTX refunds: Temasek, BlackRock, SoftBank, Sequoia, Tom Brady, Shaquille O’Neal likely beneficiaries
AFTER more than two years of hand-wringing, creditors of bankrupt crypto exchange FTX are heaving a sigh of relief as the trading platform’s estate starts paying cash back to...
iPhone parts maker Murata eyes supply chain shifts towards India
APPLE iPhone components maker Murata Manufacturing is weighing whether to move some of its production capacity to India, reflecting a global realignment of the supply chain towards the world’s...
Aussie lender NAB’s cash earnings fall on high arrears and costs, shares tank
NATIONAL Australia Bank (NAB), the country’s biggest business lender, said first-quarter profit slipped as competition for customers ate into margins and more borrowers fell behind on repayments, sending its...
HSBC to sell Bahrain retail banking operations as restructuring progresses
HSBC on Tuesday (Feb 18) agreed to sell its retail banking operations in Bahrain to the Bank of Bahrain and Kuwait (BBK) amid a global restructuring at the bank.The...
