Real Estate
Tesla’s China-made EV sales grow 19.2% y/y in September
SALES of US automaker Tesla’s China-made electric vehicles rose 19.2 per cent in September from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday...
MMC Port weighs biggest Malaysia IPO in more than a decade, sources say
It runs seven ports along the Strait of Malacca, one of the world’s busiest shipping lanesMMC Port Holdings has been considering an initial public offering (IPO) in Kuala Lumpur...
India central bank governor warns non-bank lenders of ‘growth-at-any-cost’ approach
SOME Indian non-banking finance companies (NBFCs) are aggressively pursuing growth and chasing excessive returns on equity, which could pose financial stability risks, the central bank governor said on Wednesday...
DBS head of institutional banking group in Hong Kong to depart
DBS Group Holdings’ head of institutional banking group Hong Kong, Wallace Lam, will be leaving South-east Asia’s biggest lender, according to a spokesperson.
Boris Chan, currently head of global transaction...
Going for broke: Will Hin Leong’s creditors get their money back if OK Lim and his children declare bankruptcy?
EMBATTLED Hin Leong Trading founder Lim Oon Kuin – the former Singapore oil tycoon better known as OK Lim – and his children, Evan Lim and Lim Huey Ching,...
SGX securities turnover value jumps 75% in September; volume up 5%
TOTAL securities market turnover value on the Singapore Exchange (SGX) increased 75 per cent year on year to S$30.38 billion in September, according to the bourse’s monthly market statistics...
China’s Zijin Mining to buy Newmont’s Ghana gold project for US$1 billion
CHINA’S Zijin Mining Group will buy the Akyem Gold Mine Project in Ghana from US-based Newmont for US$1 billion, the companies said on Wednesday (Oct 9).The sale is a...
FHT’s distributable income to fall after change in Australian unit status
FRASERS Hospitality Trust’s (FHT) pro forma distributable income for financial year 2024 is estimated to fall by S$1.3 million, following changes to its Australian unit’s managed investment trust status....
