Real Estate
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 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 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...
Stocks to watch: Singtel, Nio, 17Live, mm2 Asia
THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 6): Singtel: The telco’s Australian unit Optus was fined A$1.5 million (S$1.3 million)...
EU set to allow possible retroactive tariffs for Chinese EVs
THE European Commission plans to start customs registration of Chinese electric vehicle (EV) imports, meaning they could be hit by tariffs from that point if the European Union’s (EU)...
Toyota confirms 11 billion real investment in Brazil by 2030
JAPANESE automaker Toyota officially announced on Tuesday (Mar 5) an 11 billion real (S$3 billion) investment in Brazil, saying it will be made in two parts by 2030, and...
Morgan Stanley strategists see M&A surging as confidence builds
GLOBAL mergers and acquisitions will jump 50 per cent this year as corporate confidence recovers and economic growth holds up, according to Morgan Stanley. Health care, real estate, and...
Starbucks Middle East franchisee AlShaya to cut over 2,000 jobs: sources
GULF retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off over 2,000 people as the business takes a hit...