Real Estate
20 Worst Shark Tank Deals Ever
Shark Tank, the hit TV show where hopeful entrepreneurs pitch their ideas to a panel of savvy investors, has seen its fair share of both triumphs and flops. While...
Hermes family in talks to invest in French insurer Albingia
A FAMILY office backed by members of the Hermes fortune are among the likely buyers of French insurer Albingia, in an investment that signals a goal to diversify their...
Korean Air completes Asiana takeover to form one of Asia’s biggest airlines
KOREAN Air said on Thursday (Dec 12) it had completed its protracted purchase of South Korean rival Asiana Airlines, making it one of Asia’s biggest carriers.
The 1.8 trillion won...
UOBKH initiates ‘buy’ call on Oiltek with S$1.22 target price on strong order book
UOB Kay Hian (UOBKH) has initiated a “buy” call on vegetable and edible oil engineering process company Oiltek, with a target price of S$1.22. Oiltek is trading at 15...
IFC, HSBC inks US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countriesTHE International Finance Corporation (IFC), the World Bank’s private finance...
Bank of America promotes 387 employees to managing director: source
Bank of America (BOA) has promoted 387 employees to managing director roles in 2024, 16 per cent more than last year, a source familiar with the matter said on...
Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
PHOTOSHOP maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday (Dec 11), indicating the company’s investments to weave artificial intelligence (AI) into its software applications were...
Stability, rich talent pool in South-east Asia drive double-digit growth for Citi across inter-Asean trade corridors
Governments in the region are welcoming of supply chain shifts, says the bank’s co-head of corporate banking THE South-east Asia region is favoured for its relative stability, geographic location and...
Trek 2000 International chairman Wayne Tan and ex-chairman Henn Tan named in legal dispute with Osim founder
Ron Sim alleges the two made fraudulent misrepresentations before he acquired shares of Trek 2000 in 2015THE CURRENT and former chairmen of mainboard-listed technology company Trek 2000 International (Trek)...
