Real Estate
Two individuals related to Seatrium charged with corruption offences involving bribes in Brazil
TWO individuals related to Seatrium, formerly Sembcorp Marine, have been charged with corruption offences involving the payment of bribes for the benefit of persons in Brazil.
The public prosecutor is...
Stocks to watch: Second Chance Properties, ESR-Logos Reit, Banyan Tree
THE following companies saw new developments that may affect trading of their securities on Thursday (Mar 28):Second Chance Properties : 528 0%: The developer posted a 52.8 per cent...
China Life profit falls as market rout hurts investments
CHINA Life Insurance, the nation’s largest life insurer, said profit fell 31 per cent last year as a stock market rout and lower bond yields hurt investment returns. Net...
UBS ends Apollo management deal struck by Credit Suisse
UBS Group agreed to sell US$8 billion in unwanted assets to Apollo Global Management as part of the carve-out of Credit Suisse’s securitised products group, after renegotiating key parts...
BlackRock’s tokenised fund draws over US$240 million since debut
BLACKROCK’s money-market fund that records share ownership on the Ethereum blockchain has attracted more than US$240 million since its debut a week ago. The BlackRock USD Institutional Digital Liquidity...
Florida governor, Disney reach settlement in lawsuit over special district
FLORIDA Governor Ron DeSantis and Walt Disney have reached a settlement to end a high-profile lawsuit in state court over the control of the special district that includes Walt...
Chinese EV maker BYD targets 20% jump in annual sales: sources
CHINESE electric vehicle maker BYD has set a 3.6-million-unit sales target for 2024, a jump of 20 per cent from its record-breaking sales last year, according to three people...
China’s Bank of Communications posts slight profit gain, warns of property risks
CHINA’S Bank of Communications (BoCom), said on Wednesday (Mar 27) it needed to improve risk control of its property-sector related business, after posting tepid 2023 profit growth.BoCom, the first...
