Real Estate
Saudi Arabia banks embark on record bond binge for mega-projects
SAUDI Arabia’s banks could raise a record amount of debt this year as a liquidity squeeze strains Crown Prince Mohammed Salman’s multi-trillion dollar economic transformation agenda. Lenders may need...
India’s Paytm wins payments approval it needs to stay in business
INDIA’S Paytm won approval to become a consumer digital payments platform, helping the beleaguered fintech continue a bulk of its business even as its banking affiliate is getting wound...
Bankers in India to get higher salary increases than Singapore, Hong Kong
FINANCE professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how firms are tapping the nation’s economic boom...
Singapore shares fall at Friday’s open; STI down 0.9%
SINGAPORE stocks fell on Friday (Mar 15) morning, after global equities took a hit overnight. As at 9.01 am, the Straits Times Index (STI) fell 29.66 points or 0.9...
BlackRock, GIC consider sale of UK gas pipeline assets
BLACKROCK and Singaporean sovereign wealth fund GIC are exploring the sale of a network of gas pipeline assets in the United Kingdom that could fetch about US$2 billion, according...
Didi Global must face US investor lawsuit over IPO
DIDI Global, the Chinese ride-hailing company, must face a lawsuit in a US court claiming it defrauded investors by concealing and disobeying a Chinese government order to postpone its...
Europe: Shares ease from record high on rate cut uncertainty
EUROPEAN shares lost momentum on Thursday after hitting a series of record highs in the past few sessions, as further evidence of sticky US inflation led to doubts about...
US: Stocks fall on renewed inflation concerns
WALL Street stocks lost ground on Thursday as a hotter than expected wholesale prices report reignited worries over inflation and sent Treasury yields higher. The Dow Jones Industrial Average retreated 0.4...
