Business
KKR and Bain each bid more than US$5 billion for Seven & i assets: sources
PRIVATE equity firms KKR and Bain Capital each offered more than US$5 billion in first-round bids for the non-core assets of Japan’s Seven…
Tag
assets
Business
Digital assets expected to charge on in 2025 amid bullish sentiment, say industry players
IF THE last six weeks are anything to go by, the bullish sentiment on digital assets will likely charge on into the new year and last for…
Business
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…
Business
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…
Business
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…
Business
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…
Unsorted
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 centre MORE high-net-worth individuals around…
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Hong Kong’s private wealth assets rise for first time since 2020
HONG Kong’s total private wealth assets under management rose slightly last year to about HK$9 trillion (S$1.6 trillion), the first annual…
Business
Goldman readies plans to spin-out its digital assets platform
GOLDMAN Sachs Group is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large…
Business
Goldman Sachs readies plans to spin-out its digital assets platform
GOLDMAN Sachs Group is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large…
Unsorted
Frasers Property, Sekisui team up to redevelop Robertson Walk assets into 348 luxury homes for sale
FRASERS Property’s serviced residence Fraser Place Robertson Walk and its adjoining commercial area, Robertson Walk, will be redeveloped…
Business
Peter Viens, new CEO of IReit Global’s manager, aims to diversify assets to attract institutional investors
The trust’s DPU is expected to drop as its Berlin property undergoes repositioning PETER Viens, the new chief executive officer of the…
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Yen is first of many Japanese assets set to pivot on US election
A VICTORY for Kamala Harris in the US presidential election has the potential to support Japan’s ailing currency while a win for Donald…
Business
Blackstone tops profit estimate as its assets hit record, dealmaking picks up
BLACKSTONE beat Wall Street’s expectations on its key quarterly earnings metric on Thursday (Oct 17), as the world’s largest alternative…
Business
Australia’s TPG Telecom to sell fibre, fixed assets to Vocus for A$5.25 billion
TPG Telecom will sell its fibre and fixed network infrastructure assets including broadband provider Vision Network to Macquarie and…
Business
BlackRock hits US$11.5 trillion of assets as private markets grow
BLACKROCK pulled in US$160 billion of client cash to its long-term investment funds last quarter, pushing the world’s largest money…
Business
Mizuho buys ‘safe’ assets on risk that US soft landing fails
MIZUHO Financial Group is preparing for short-term market disruptions if investors’ predictions of a soft landing in the US prove wrong,…
Business
GLP Capital Partners sells ex-China assets to Ares for up to US$5.2 billion
FUND manager GLP Capital Partners (GCP) has agreed to sell its operations outside China to US-based alternative investment group Ares…
Business
Will ESR-Logos Reit cash in on buying interest in short-lease hospitality assets?
Even if the price fetched is below the end-2023 valuation, it may be worthwhile for the Reit to strike a deal for its hotel and convention…