Real Estate
Indian banks selling retail loan portfolios as deposits lag
INDIA’S private banks are selling portfolios of retail loans as regulators pressure them to improve credit-deposit ratios.
India’s largest lender, HDFC Bank, sold a 50 billion rupee (S$802 million) loan...
Treasury, finance functions gain importance in corporate strategy: DBS survey
MULTINATIONAL companies’ treasury and finance functions are moving away from mere supporting roles to strategic leadership amid a rapidly evolving business landscape, based on DBS’ survey released on Thursday...
Cordlife’s overseas units obtain re-accreditations
CORDLIFE on Thursday (Jul 25) said its Hong Kong and Malaysian subsidiaries received re-accreditations from the Association for the Advancement of Blood & Biotherapies. The association sets standards for...
US$1 trillion rout hits Nasdaq 100 over AI jitters in worst day since 2022
INVESTORS soured on the promise of artificial intelligence (AI) on Wednesday (Jul 24), sparking a US$1 trillion rout in the Nasdaq 100 Index as questions swirled over just how...
Keppel partners Perennial to provide ‘energy-as-a-service’ in Chengdu
The asset manager will design, retrofit, manage and operate the cooling and heating systems of two of Perennial’s developments for 10 years GLOBAL asset manager Keppel is collaborating with Perennial...
China central bank surprises by lending again at lower rates
CHINA’S central bank surprised markets for a second time this week by conducting an unscheduled lending operation at steeply lower rates, suggesting authorities are trying to provide heavier monetary...
Allianz stake acquisition to help Income compete in market ‘dominated by regional, global competitors’: NTUC Enterprise
NTUC Enterprise has assured Income Insurance’s shareholders and policyholders amid surprise and disquiet over Allianz’s bid to acquire 51 per cent of the Singapore insurer’s shares for some 1.5...
Vibrant CEO to appeal 13-month jail sentence for causing grievous hurt to ex-KTL chairman
He will continue to be the company’s executive director and CEO given his plans to appeal THE chief executive officer of Vibrant Group, Khua Kian Keong, plans to appeal...
