Business
European asset manager Amundi, Endowus launch low-cost index fund tracking STI
European asset manager Amundi and wealth adviser and investment platform Endowus on Wednesday (Jul 16) launched the Amundi Singapore…
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asset
Business
Macquarie is said to weigh sale of Singapore petrochemical asset
The facility has 503,000 cubic metres of storage capacity for a range of fuels and industrial gases Macquarie Group’s asset management arm…
Business
HSBC expands UK wealth bet in race to £100 billion asset goal
HSBC Holdings is ramping up growth plans for its UK wealth-management operations as Europe’s largest bank seeks to double the assets it…
Business
Temasek-backed Clifford Capital names Lily Choh CEO of its asset management arm
Singapore-headquartered infrastructure credit platform Clifford Capital announced on Monday (Jul 7) that it has appointed Lily Choh as…
Business
Sembcorp unit’s acquisition of 49 MW Vietnam hydropower asset delayed
The company will take ‘regulatory uncertainties’ into account for new investments in the country The acquisition of a 49-megawatt (MW)…
Business
CapitaLand Investment expands fund with Japan asset acquisition at 30 billion yen
CapitaLand Investment (CLI) on Monday (Jun 9) announced that it secured additional capital commitments from new and existing institutional…
Business
Saudi Aramco considers asset sales to free up funds: sources
Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it…
Business
Manulife US Reit gets nod to extend asset disposal deadline to Dec 31
The manager of United States office real estate investment trust (Reit) Manulife US Reit (MUST) on Friday (May 23) announced it has…
Business
Rajeev Mittal appointed CEO of Prudential’s asset management arm
Rajeev Mittal will lead Prudential’s asset management business, Eastspring Investments, from Jul 1. He will replace Bill Maldonado, who…
Unsorted
Old video misrepresented as Indonesian legislature 'rejecting asset seizure bill against graft convicts'
After several executives from subsidiaries of Indonesia's state-owned energy firm were arrested for alleged corruption, calls for the…
Business
ESR-Reit Q1 NPI up 31.3% at S$82.5 million on acquisitions, asset enhancements
The manager of ESR-Reit on Tuesday (Apr 22) posted a 31.3 per cent rise in net property income (NPI) for the first quarter to S$82.5…
Business
Cargill’s asset network, innovation help food businesses manage market volatility
In agribusiness where volatility stays, food giant Cargill is responding to its customers’ evolving needs with flexibility and innovation.…
Business
US asset sell-off hammers greenback against safe-haven currencies, euro
THE US dollar dropped versus safe-haven currencies and the euro on Wednesday (Apr 9) as investors worried about the economic impact of US…
Business
23andMe shares tumble after bankruptcy filing and California attorney general's privacy warning
South San Francisco-based genetic testing venture 23andMe saw its shares plunge more than 50% Monday after the company announced it had…
Business
Business Equipment: Asset or Liability?
Understanding the nature of your equipment is key to managing your finances when running a business. Equipment plays a vital role in…
Business
Seven & i Holdings picks Bain as preferred buyer in asset sale: report
Bain is believed to have offered a valuation of more than 700 billion yen for York Holdings JAPAN’S Seven & i Holdings, operator of the…
Business
Bybit Hit by Record $1.5 Billion Crypto Heist: North Korean Hackers Suspected in Largest Digital Asset Theft Ever
Bybit, one of the world's largest cryptocurrency exchanges, has been hacked, with analysts estimating losses of nearly $1.5 billion.…
Business
Hong Kong eyes crypto derivatives, margin lending in digital asset push
HONG Kong is considering approving derivatives and margin lending in virtual assets for some investors, its financial regulator said on…
Business
Hong Kong expands virtual asset push with new licensing, trading options
HONG Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday (Feb 19), as the city races…
Business
Pimco opens office in Dubai as asset managers flock to region
PACIFIC Investment Management Co (Pimco) opened a Dubai office, becoming the latest major fund manager to deepen its presence in the…
Business
CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower…
Business
Why Sabana Reit should hold off on asset sales for now
Such action would have been more appropriate when Sabana Reit tried to merge with ESR Reit in 2020, or when it first started the perilous…
Business
Musk-Trump bromance turns X debt from burden to asset for Morgan Stanley
JUST a few months ago, Morgan Stanley was stuck with billions of US dollars of unloved debt tied to Elon Musk’s controversial 2022 buyout…
Business
Charles Schwab’s fourth-quarter profit soars on higher asset management fees - The Business Times
BROKERAGE firm Charles Schwab said on Tuesday (Jan 21) that its profit rose 44 per cent in the fourth quarter driven by a jump in asset…