Real Estate
US banks have a commercial property blind spot, study warns
Large US banks may be more exposed to commercial property than regulators appreciate because of credit lines and term loans they provide to real estate investment trusts, according to...
🧑💼 Class of 2024 might be in for a wild job hunt
⚖️ A job? In this economy? You’re not imagining things – Singapore’s job market is not looking pretty these days. According to the labour market report for the first...
With WFS under its belt, a supersized Sats aims for S$8 billion in revenue by 2028
AIRPORT-services provider Sats is “in the right spot”, says its chief executive officer Kerry Mok. After acquiring Worldwide Flight Services (WFS) in 2023, it is ready to tap the...
ST Index stays afloat in Asia’s sea of red, closes flat
THE Straits Times Index (STI) ended Thursday (May 30) at 3,323.38, roughly unchanged from the previous day. Advancers were slightly behind decliners, at 271 to 288, and S$1.14 billion...
Morgan Stanley taps HSBC, UBS for private wealth hires in HK
MORGAN Stanley is beefing up its private wealth management business in Asia with two Hong Kong-based senior hires from rival banks.
The Wall Street firm hired Edwin Lim as...
Brokers’ take: KGI initiates coverage on Q&M Dental with ‘outperform’, S$0.35 target price
KGI Securities has started coverage on Q&M Dental : QC7 0%with an “outperform” recommendation and a 12-month target price of S$0.35.In a report on Thursday (May 30), KGI analyst...
Hotel group Shangri-La to sell debut 1 billion yuan panda bonds
Luxury hotel operator Shangri-La Asia is tapping the onshore Chinese bond market for the first time, as diverging interest rates have made yuan borrowings significantly cheaper than debt denominated...
UBS splits wealth management role amid executive reshuffle
UBS on Thursday (May 30) said Rob Karofsky would become head of the Americas and co-president of global wealth management with Iqbal Khan, who will take charge of the...
