Real Estate
AI spending is set to grow in 2025: report – The Business Times
ARTIFICIAL intelligence (AI) adoption is set to rise as most companies expect to ramp up spending on the technology in their next fiscal year, a report by the Deloitte...
Asian oil refiners mull run cuts, closures as crude costs soar – The Business Times
A SURGE in the cost of physical crude cargoes as China and India rush to replace Russian flows is prompting refiners in other parts of Asia to consider cutting...
Sembcorp launches short-term mobile solar farm at PSA’s Keppel Terminal – The Business Times
For three years, the renewable energy generated from the farm will be channelled to the national gridA new 18 megawatt-peak ground-mount solar farm located at PSA Singapore’s Keppel Terminal...
Shareholders of Australian apparel retailers Myer, Premier approve merger – The Business Times
SHAREHOLDERS of Australian apparel retail firms Myer and Premier Investments approved on Thursday the merger of the latter’s apparel brands with Myer, in a deal valued at A$864 million...
Bain matches CC Capital’s offer for Australia’s Insignia Financial at A$3.07 billion – The Business Times
INSIGNIA Financial’s shares hit a three-year high on Thursday (Jan 23), driven by a revised takeover offer of A$3.07 billion (S$2.6 billion) from US-based Bain Capital, matching the bid...
Asia hedge funds post biggest annual returns since the pandemic – The Business Times
ASIA hedge funds rebounded in 2024, with many posting double-digit gains as China stocks recovered, Japan’s equity rally hit new heights and some managers reached further afield for profitable...
KKR combines US$157 billion infrastructure, real estate businesses – The Business Times
KKR is moving its infrastructure and real estate assets under the same leadership as it looks to capitalise on converging opportunities between the rapidly expanding investing units.Raj Agrawal will...
US: Wall St opens higher after Netflix results, Trump’s AI investment plans – The Business Times
Wall Street’s main indexes opened higher on Wednesday (Jan 22), with the benchmark S&P 500 just shy of a record high, as investors cheered streaming giant Netflix’s strong quarterly...