Real Estate
Currencies drop as China disappointment rattles emerging markets
EMERGING-market currencies in Asia and the South African rand retreated as China’s policy makers appeared to disappoint investors expecting fiscal measures to boost the economic outlook.
The EM currency...
Macquarie said to bid for Axiata’s telecom infrastructure arm
Macquarie Asset Management has submitted a bid to buy Axiata Group’s telecom infrastructure unit in a transaction that could value it at about US$3.5 billion, according to people with...
Panin Bank acquisition could add 2-3% to DBS or OCBC profit: RHB
Broker notes that a sale is attractive, given the scarcity of such deals and Jakarta-listed bank’s status as a mid-sized lender with total assets of S$19.4 billionA FULL takeover...
Global M&A deal value will hit ‘middling’ US$3.5 trillion by end-2024: Bain
THE global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated projections by Bain & Company. This figure...
Singapore shares end flat amid mixed Asia markets as investors digest China’s monetary easing plans
SINGAPORE stocks closed unchanged on Friday (Dec 13), as China pledged further monetary easing to brace itself for more trade tensions with the United States. The benchmark Straits Times...
Intel says the idea of splitting up company is an open question
INTEL chief financial officer Dave Zinsner said that a formal separation of the company’s factory and product-development divisions is an open question that will be decided by the chipmaker’s...