Real Estate
Morgan Stanley cuts 9% China fund unit staff amid market rout: sources
MORGAN Stanley has laid off about 9 per cent of its staff at its asset management business unit in China, two people with direct knowledge of the matter said,...
World Bank says Thai interest rates appropriate, neutral
THAILAND’S interest rate levels are appropriate for the current situation and are neutral, the World Bank said on Wednesday (Mar 6) at an event in Bangkok. The South-east Asian...
BOJ seen revising down assessment on consumption and output: sources
THE Bank of Japan (BOJ) is expected to revise down its assessment on consumption and factory output this month, three sources familiar with its thinking said, nodding to recent...
Chinese investors rush abroad, hitting outbound investment limit
CHINESE money is pouring into funds invested in offshore assets at breakneck speed, butting up against outbound investment limits and complicating Beijing’s efforts to revive domestic markets and stabilise...
China investors rush abroad, hitting outbound investment limits and moves to stabilise yuan
CHINESE money is pouring into funds invested in offshore assets at breakneck speed, butting up against outbound investment limits and complicating Beijing’s efforts to revive domestic markets and stabilise...
DBS adjusts coal financing policy to include early retirement of coal plants
SOUTH-EAST Asia’s largest lender DBS has adjusted its policy to accommodate the financing of the early shutdown of coal-fired power plants, and is already working on a deal, said...
DBS adjusts sustainable-financing policy to include early retirement of coal plants
SOUTH-EAST Asia’s largest lender DBS has adjusted its policy to accommodate the financing of the early shutdown of coal-fired power plants, and is already working on a deal, said...
DBS chief Piyush Gupta’s 2023 salary down 27% at S$11.2 million after pay cut
DBS chief executive Piyush Gupta received a total remuneration of S$11.2 million for the financial year ended Dec 31, 2023, representing a 27 per cent year-on-year decline from S$15.4...
