Real Estate
KKR to buy India’s Healthium Medtech at US$839 million valuation
Global investment firm KKR will buy Indian medical devices maker Healthium Medtech from UK-based Apax Partners in a deal that three sources with direct knowledge of the matter say...
Citi promotes Damien Tan to corporate banking head for Singapore
CITI has named banking veteran Damien Tan as its head of corporate bank for Singapore.On Monday (May 6), the group said his new role was effective May 1, and...
Chinese tariffs could leave cognac makers with too much brandy
HIGH Chinese tariffs on European Union brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere, according to Reuters’ calculations, analysts, and...
Australian dollar firm as bulls bet on hawkish turn at RBA
THE Australian dollar edged higher on Monday as investors wagered the country’s central bank would sound more hawkish at a policy meeting this week, with even a rate hike...
Credit Suisse China securities joint venture says staff down 46% in 2023
CREDIT Suisse’s securities brokerage joint venture in China said its staff numbers sank 46 per cent in 2023, a year the Swiss authorities arranged a takeover to keep the...
More than 90% of stablecoin transactions aren’t from real users, study finds
MORE than 90 per cent of stablecoin transaction volumes are not coming from genuine users, according to a new metric co-developed by Visa, suggesting such crypto tokens may be...
Gauging sentiment is crucial, and there are hard and easy ways to do it
GLOBAL stocks’ returns of 9.5 per cent to Apr 29 alongside a 2.8 per cent rise in the Straits Times Index (STI) align with what I had envisioned in...
Interests of OCBC and Great Eastern’s minority shareholders are fundamentally misaligned
A QUESTION was raised at OCBC’s annual general meeting (AGM) this past week about how the group’s 88.4 per cent stake in Great Eastern may have contributed to the...
