Real Estate

UBS announces equity conversion provision for almost US billion in AT1 debt
UBS announces equity conversion provision for almost US$5 billion in AT1 debt
UBS on Monday (May 13) said almost US$5 billion worth of Additional Tier one (AT1) bonds, a form of debt, have been made available for equity conversion following a...
South Korea signs agreement with AliExpress, Temu on product safety
South Korea signs agreement with AliExpress, Temu on product safety
SOUTH Korea’s government signed an agreement on Monday (May 13) with the local units of Alibaba’s AliExpress and PDD Holdings’ Temu to promote product safety, the Korea Fair Trade...
BOJ cuts bond buying in regular operation as yen stays weak
BOJ cuts bond buying in regular operation as yen stays weak
The Bank of Japan offered to purchase a smaller amount of government bonds in a regular operation on Monday (May 13) than it did on April 24 as it...
Asia: Markets mixed as traders pause ahead of US inflation data
Asia: Markets mixed as traders pause ahead of US inflation data
EQUITIES fluctuated on Monday as traders took a breather after the past weeks’ healthy run as they absorbed weak Chinese data and reports that the United States planned to...
Archegos founder to go on trial for fraud, market manipulation
Archegos founder to go on trial for fraud, market manipulation
ARCHEGOS founder Bill Hwang will go on trial on Monday for alleged securities fraud and market manipulation, prosecutors said, following the fund’s spectacular 2021 implosion that cost large banks...
Cordlife to cancel private placement; MOH emphasises importance of local directors
Cordlife to cancel private placement; MOH emphasises importance of local directors
Cordlife on Monday (May 13) said that it intends to terminate the S$8.2 million private placement announced on Apr 17. This comes after the High Court upheld an interim...
Cordlife to cancel private placement; MOH emphasises importance of local directors
Cordlife to cancel private placement; MOH stresses importance of local directors
Cordlife on Monday (May 13) said that it intends to terminate the S$8.2 million private placement announced on Apr 17. This comes after the High Court upheld an interim...
Cordlife to cancel private placement; MOH emphasises importance of local directors
Cordlife to cancel private placement; MOH stresses importance of local directors
Cordlife on Monday (May 13) said that it intends to terminate the S$8.2 million private placement announced on Apr 17. This comes after the High Court upheld an interim...
Global chips battle intensifies with US billion subsidy surge
Global chips battle intensifies with US$81 billion subsidy surge
SUPERPOWERS led by the United States and European Union have funnelled nearly US$81 billion towards cranking out the next generation of semiconductors, escalating a global showdown with China for...
OCBC goes green with trees, tech and tie-ups
OCBC goes green with trees, tech and tie-ups
SOUTH-EAST Asia’s shockingly high temperatures have recently made headlines, with some countries experiencing temperatures over 40 degrees Celsius. Last year was reportedly the hottest in Singapore, and 2024 is...