Asia
Hong Leong Asia H1 profit from continuing operations up 60% to S$49.4 million
INDUSTRIAL conglomerate Hong Leong Asia on Tuesday (Aug 13) reported a net profit from continuing operations of S$49.4 million for the six months ended Jun 30, up 60.1 per...
Carlyle delays Asia buyout fund close as Japan pool saps demand
CARLYLE Group has delayed closing its new pan-Asian buyout fund as demand for a Japan-focused vehicle has syphoned off investor interest, according to sources familiar with the matter.The Washington-based...
Sun Life beats profit estimates on strong growth in Canada, Asia
SUN Life Financial, Canada’s second-largest life insurer, on Monday (Aug 12) beat analysts’ estimates for quarterly profit boosted by strong sales at home and in Asia, a key growth...
Asia: Stocks track Wall St rally as US jobs data ease recession fears
ASIAN stocks rallied Friday (Aug 9) as investors breathed a sigh of relief after US jobs data soothed concerns that the world’s top economy could tip into recession, bringing...
Manulife’s second-quarter profit rises on strong Asia growth
Canada’s Manulife Financial reported better than expected quarterly profit on Wednesday, powered by a 40 per cent rise in earnings from Asia, a region the insurer is betting on...
Citi hires DBS’ Yeo Wenxian as head of wealth for Asia South
CITI Wealth on Tuesday (Aug 6) announced the appointment of Yeo Wenxian as its new head of wealth for Asia South, commencing Nov 1. The Singaporean executive is also...
Citi nets DBS’ Yeo Wenxian as head of wealth for Asia South
CITI Wealth on Tuesday (Aug 6) announced the appointment of Yeo Wenxian as its new head of wealth for Asia South, commencing Nov 1. The Singaporean executive is also...
Stocks to watch: NetLink NBN Trust, Isetan, Manulife US Reit, mm2 Asia, Dasin Retail Trust
THE following companies saw new developments that may affect trading of their securities on Monday (Aug 5): NetLink NBN Trust: The fibre-optic owner posted a 9.1 per cent decline in...