Real Estate
SingPost completes strategic review; to reorganise business units and adopt new payout scheme
SINGAPORE Post’s (SingPost) board has approved five growth drivers or “strategic thrusts” to be executed over the next three years, including the adoption of a new payout scheme. This...
Saudi Aramco CEO calls energy transition strategy a failure
POINTING to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday....
Cisco closes US$28 billion Splunk deal without antitrust drama
AT A time when many large mergers are being blocked or delayed by regulators, Cisco Systems took just six months to close its US$28 billion acquisition of Splunk. “Hats...
FDIC offloads US$10.5 billion of SVB loans that hung over market
A RISK that is been hanging over an illiquid corner of the United States credit market since last year’s banking crisis seems to have been quietly taken off the...
No competition: Dubai complements Singapore’s fight for family offices, industry watchers say
DUBAI’S position as a rising financial hub for wealthy families may translate into competition for Singapore, where scrutiny of family offices has tightened in recent months amid the Republic’s...
China sets higher bar for consumer finance companies
CHINA has changed the rules for consumer finance firms for the first time in a decade, setting a higher bar for non-bank financial businesses providing small personal loans in...
US dollar dips, yen steadies as BOJ policy shift beckons
THE US dollar edged lower on Monday (Mar 18) as traders looked ahead to central bank meetings this week, with the Bank of Japan potentially on the brink of...
Nvidia AI developer conference kicks off with new chips in focus
ARTIFICIAL intelligence semiconductor powerhouse Nvidia kicks off its annual developer conference on Monday (Mar 18), with investors focused on new chip announcements from chief executive Jensen Huang in an...
