Real Estate
Apollo targets US$25 billion for flagship private equity fund
APOLLO Global Management is readying what could mark its largest ever private equity fund.Apollo is looking to gather US$25 billion of capital for the fund, which is expected to...
Manage risks in commodity financing by bracing for constant uncertainty: UOB’s Lim Chen Chen
Commodities have become more strategic than ever, says UOB’s group head of structured trade and commodity finance FOR Lim Chen Chen, UOB’s group head for structured trade and commodity...
Singapore’s financials and real estate employers take cautious stance on hiring: survey
EMPLOYERS, especially those in the financials and real estate sector, are choosing to stay cautiously optimistic as Singapore’s economy gains momentum.Hiring sentiment in Singapore remains relatively stable, with employers...
Han Kwee Juan to replace Tan Su Shan as DBS’ head of institutional banking
DBS announced on Monday (Dec 9) that it has appointed Han Kwee Juan as head of institutional banking with effect from Jan 1, 2025.He will succeed deputy CEO Tan...
Volkswagen faces more costly walkouts as union talks enter fourth round
VOLKSWAGEN (VW) workers are poised to walk off their jobs for a second time this month on Monday (Dec 9) as management and labour leaders enter a fourth round...
ECB to cut rates again amid bleak eurozone outlook
THE European Central Bank (ECB) is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone’s two biggest economies adding to...
NTUC to raise staff retirement and re-employment ages from January 2025
THE National Trades Union Congress (NTUC) will raise the retirement and re-employment age ceilings for all its workers one-and-a-half years ahead of the national schedule, to benefit older employees. ...
BYD on track to top 2024 sales goal and outsell Ford, Honda
CHINA’S top electric vehicle maker BYD gained market share as the world’s largest auto market recorded its fastest-growing month in 2024, setting BYD up to exceed its global annual...
