Real Estate
BNP to cut 200 branches by end of 2026 to kick off retail revamp
[PARIS] BNP Paribas chief executive officer Jean-Laurent Bonnafe plans to cut hundreds of domestic retail branches in an effort to lift profitability at a business that has struggled for...
US: Wall Street opens higher on jobs data optimism; Tesla rebounds
Published Fri, Jun 6, 2025 · 09:42 PM[NEW YORK] US stock indexes opened higher on Friday (Jun 6) after a strong jobs report calmed worries over the health of...
Sasseur Reit receives up to 508 million yuan from sponsor for refinancing
[SINGAPORE] Sasseur Real Estate Investment Trust’s (Reit) said a wholly owned subsidiary of its sponsor has entered into an unsecured sponsor loan agreement of up to 508 million yuan...
Procter & Gamble’s job cuts raise questions over possible impact on Singapore operations, new facility plans
[SINGAPORE] Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing workforce over the next two...
Modi launches US$5.4 billion rail project in Jammu and Kashmir
[NEW DELHI] India’s Prime Minister Narendra Modi inaugurated the world’s tallest railway bridge connecting the restive Kashmir valley with the rest of the country on Friday (Jun 6), marking...
Digital token service providers need licence to solely serve overseas customers: MAS
[SINGAPORE] Digital token service providers (DTSP) will need a licence to serve overseas customers only, said the Monetary Authority of Singapore (MAS) on Friday (Jun 6).The regulator has clarified...
MAS, SPF to block website access to unlicensed trading platforms Octa and XM from Jun 20
[SINGAPORE] The websites of unlicensed trading platforms Octa and XM will be blocked for Singapore residents with effect from Jun 20, said the Monetary Authority of Singapore (MAS) and...
Cordlife collection rates still under pre-incident levels, but resumed Singapore operations are ‘encouraging’
[SINGAPORE] Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining operational momentum, even though collection rates have not...
