Asset
HSBC’s private bank shuts independent asset management business in HK, Singapore
HSBC Holdings’ private bank has discontinued its independent asset management business in Hong Kong and Singapore following a strategic business review, a bank spokesperson said. “We will make this change...
HSBC’s private bank shuts independent asset management business in HK, Singapore
HSBC Holdings’ private bank has discontinued its independent asset management business in Hong Kong and Singapore following a strategic business review, a bank spokesperson said. “We will make this change...
Intraco scraps acquisition of 51% stake in digital asset platform
INTRACO is terminating its proposed acquisition of a 51 per cent stake in digital asset platform MHC Digital, slightly over two years after the mainboard-listed trading company inked an...
Malaysia’s UOB Asset launches India bond fund before index inclusion
UOB Asset Management Malaysia launched an India-focused bond fund last week, giving Malaysian investors an opportunity to snap up rupee-denominated debt ahead of the South Asian country’s inclusion to...
Commodities: the asset class to watch amid looming rate cuts, macroeconomic uncertainty
COMMODITIES have typically been used by investors to help diversify their portfolios and as a buffer against macroeconomic shocks, but market watchers polled by The Business Times say investors...
Digital Core Reit acquires additional 10% interest in Osaka asset for 7.7 billion yen
DIGITAL Core Real Estate Investment Trust (Reit) has acquired an additional 10 per cent interest in a data centre located in Osaka, Japan, for 7.7 billion yen (S$68.9 million).Its...