Assets
Alibaba, BlackBerry among companies selling assets for peanuts after splurging billions buying them
COMPANIES that spent billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown prices.Alibaba Group Holding announced on Tuesday (Dec 17) that it’s going...
China’s Cnooc sells US assets to Britain’s Ineos
CHINA’S Cnooc has sold its US subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group Ineos, according to a Cnooc...
Schroders seeks buyers for Indonesia unit with US$4 billion in assets: sources
SCHRODERS is looking to sell its Indonesian business, according to two sources with knowledge of the matter, as the UK-headquartered global asset manager weighs exiting some sub-scale markets under...
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest rate...
South Carolina Veterinarian Fatally Shot Husband After He Filed for Separation, Asked for Assets, Debts to be Divided
An Aiken veterinarian has been charged with the murder of her 43-year-old husband after he filed for separation, according to authorities.The Aiken County Coroner's Office said Greg Baughman was...
Standard Chartered targets US$200 billion in new wealth assets over next five years
STANDARD Chartered will target US$200 billion in new assets and double digit growth in income from its wealth business over the next five years, it said on Tuesday (Dec...
The world’s super rich are moving to Dubai, but keeping their assets in Singapore, Switzerland
Nevertheless, influx of wealth into the UAE city will likely support its growth as a booking centreMORE high-net-worth individuals around the world are moving to Dubai, as the city...
TPG is said in advanced talks to buy Siemens Gamesa India assets
TPG is in advanced talks to buy the Indian wind energy assets of Siemens Energy’s Gamesa unit, sources familiar with the matter said.
TPG has emerged as the likeliest buyer...
