Real Estate
Singapore banks see wealth fees surge as rich step up trading
SINGAPORE’S biggest banks are reaping benefits from the rich’s appetite to shift assets and trade in the Asian wealth hub, which have boosted the lenders’ earnings.
DBS Group Holdings saw...
Waymo to expand autonomous ride-hailing service areas in Los Angeles, San Francisco
ALPHABET’S Waymo is expanding its autonomous ride-hailing service areas in San Francisco and Los Angeles to cater to growing demand from customers, the company said on Tuesday (Aug 6).The...
Cathay Pacific nearing deal to buy dozens of widebody aircraft
CATHAY Pacific Airways is close to announcing a plan to buy dozens of twin-aisle aircraft and is favouring European planemaker Airbus in the decision, according to sources familiar with...
Cathay Pacific to buy 30 Airbus A330-900 aircraft
CATHAY Pacific will buy 30 Airbus A330-900 wide-body aircraft, with options to buy another 30, the Hong Kong-based airline said on Wednesday (Aug 7).Delivery is expected by the end...
Banks poised to seize more buildings in Hong Kong, PwC says
BANKS are expected to take more enforcement actions on distressed buildings amid Hong Kong’s property market downturn, according to PricewaterhouseCoopers (PwC). That’s based on the estimate of the firm’s...
Cryptocurrencies claw back losses as Ether ETF investors buy dip
BITCOIN and Ether clawed back from steep losses on Tuesday (Aug 6) after a bout of risk aversion in global markets spilt over into crypto. Bitcoin inched back to...
China’s Dongfeng in pole position to build an auto plant in Italy: sources
TALKS between the Italian government and China’s Dongfeng Motor Group about building an auto plant in Italy are at an advanced stage, Italian sources close to the matter said...
United Food special audit uncovers ‘unusual’ cash transactions, potential listing rule breaches
A YEARS-LONG special audit into mainboard-listed United Food Holdings has found several “unusual” cash transactions and potential contraventions of SGX listing rules, among other issues.KPMG Forensic, a division of...
