Real Estate
Bank of Korea overhauls repo framework amid changing liquidity conditions
[SEOUL] The Bank of Korea (BOK) said it’s revamping its open market operation framework to increase its operational flexibility to manage liquidity, stabilise short-term rates, and respond during periods...
Mars US$36 billion Kellanova deal waved ahead by US regulator
[SAN FRANCISCO] Mars’ US$36 billion takeover of snack maker Kellanova was given the green light by the US Federal Trade Commission (FTC) on the same day European Union regulators...
Civmec set to acquire ship manufacturer Luerssen Australia for A$20 million
[SINGAPORE] Construction and engineering services provider Civmec will purchase Luerssen Australia from Naval Vessels Lurssen (NVL) Australia for A$20 million (S$16 million) in cash, the company said on Thursday...
CapitaLand India Trust prices S$100 million perpetual securities at 4.4%
The issuance is part of Clint’s S$1.5 billion multicurrency debt issuance programme[SINGAPORE] CapitaLand India Trust (Clint) has priced S$100 million worth of subordinated perpetual securities, with a fixed rate...
Shell says it isn’t in talks to take over oil rival BP
Speculation has been growing that the embattled company would become a takeover targetPublished Thu, Jun 26, 2025 · 08:03 AM[LONDON] Shell denied a Wall Street Journal report that it...
SingPost pays ex-CEO Phang S$616,400 for FY2025 as it pursues automation, leadership reset
[SINGAPORE] Former Singapore Post (SingPost) group chief executive Vincent Phang, who was dismissed over the mishandling of a whistleblower complaint, received S$616,400 in remuneration for the financial year ended...
Assisted living in Singapore: Companies face steep costs, but innovation is still possible
[SINGAPORE] Assisted living facilities – which enable elderly folk to live semi-independently with elderly-friendly amenities and care services – are a tough business in land-scarce Singapore. But there is...
US: Nvidia at new record as stocks end mixed
[NEW YORK] Wall Street stocks finished mixed on Wednesday as markets weighed lingering worries over Iran, while Nvidia surged to a fresh record amid continued artificial intelligence bullishness.President Donald Trump boasted...
HSBC sees ‘huge opportunities’ for Singapore businesses in India’s fast-changing economy
[SINGAPORE] Companies based in Singapore are well-positioned to seize “huge opportunities” in India’s rapidly evolving economy, said two senior HSBC executives in a recent interview with The Business Times.Key...