Business
AirAsia-owner Capital A eyes Hong Kong listing
Malaysia’s Capital A, the owner of budget carrier AirAsia, said on Friday (May 2) it was exploring listing on the Hong Kong stock…
Tag
capital
Business
OCBC-GEH saga: Could the insurer’s suspension be resolved through a selective capital reduction?
At OCBC’s annual general meeting on Apr 17, chairman Andrew Lee left no doubt that the banking group has been unmoved by calls for it to…
Business
Keppel secures S$2 billion in fresh capital commitments across flagship funds
Keppel secured fresh capital commitments of close to S$2 billion for its three flagship funds, representing around S$4.9 billion of funds…
Business
Capital One, Discover deal gets US bank regulators’ nod
US banking regulators said on Friday (Apr 18) they approved Capital One’s US$35.3 billion purchase of Discover Financial Services, paving…
News
Colombia's capital ends drought-related water rationing. Its case is a warning to other cities
BOGOTA, Colombia (AP) — Nestled among cloud-kissed Andean peaks and known for its steady rainfall, Colombia ’s capital once seemed immune…
Business
UBS sticks to US$3 billion share buyback plan despite capital changes, global uncertainty
[LUCERNE, Switzerland] UBS chairman Colm Kelleher on Thursday (Apr 10) reiterated the Swiss bank’s intention to repurchase shares to the…
Business
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into…
News
Dozens die after torrential rain hammers Congolese capital
Torrential rains and floods have killed at least 33 people in Kinshasa - the capital of the Democratic Republic of Congo - according to…
Business
Brazilian Body Care Brand Gente Beauty Secures Investment From Webster Capital
Gente Beauty, a Brazilian body care brand focused on lymphatic drainage that was founded by model Marianne Fonseca, has landed an…
Business
SAC Capital lifts Soilbuild target price on strong order book, maintains its ‘buy’ call
SAC Capital hiked Soilbuild Construction’s target price to S$1.10 and maintained its “buy” call. The target price represents an upside of…
Business
Malo, the Italian Luxury Cashmere Brand, Acquired by Glickman Capital
Luxury cashmere brand Malo has a new owner. Glickman Capital, led by technology and telecom entrepreneur David Glickman, has acquired the…
Business
ST Engineering and HTX form JV company with initial capital of S$10 million
The JV company, Codex Solutions, will focus on developing and maintaining in-house software capabilities for the Home Team ST…
Business
Bain Capital mulls US$10 billion sale of Rocket Software: sources
PRIVATE equity firm Bain Capital is weighing options, including a sale, for Rocket Software that could value the US automation software…
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Natura &Co. Is in Talks with IG4 Capital for Possible Sale of Avon Outside Latin America
PARIS – Natura &Co. is holding negotiations with IG4 Capital for the potential sale of Avon’s operations outside of Latin America. The…
Business
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEO UOB’s board has announced a S$3…
Business
Bain Capital ends acquisition battle with KKR for Fuji Soft
US private equity firm Bain Capital said on Monday (Feb 17) it will not launch a tender offer for Fuji Soft, formally ending a takeover…
Business
DBS crosses S$46 for first time to hit new high on strong results and capital return dividend plan
SHARES of DBS rose to a historic level after it announced a capital return dividend of S$0.15 per share per quarter to be paid out over…
Business
DBS shares vault past S$46 in intraday trading on strong results, capital return dividend plan
SHARES of DBS rose to a historic level after it announced an additional dividend payout for FY2025 on top of its regular dividends,…
Business
Greyson Clothiers Completes $20M Capital Raise
Greyson Clothiers has some high-profile friends. On Friday, the Detroit-based golf-turned-lifestyle brand created by former Ralph Lauren…
Unsorted
Sudan army makes huge gains as it seeks to recapture war-torn capital
Residents of Sudan's capital Khartoum say the army has recaptured large parts of the city from RSF paramilitaries, marking its biggest…
Business
Crypto’s richest man CZ turns venture capital firm into giant family office - The Business Times
ZHAO Changpeng “CZ”, a few months out of prison and worth US$70 billion thanks to the relentless crypto rally, is turning the former…
Business
Sabana Reit posts 32.2% rise in H2 DPU to S$0.0152, with 10% kept for capital management - The Business Times
SABANA Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.0152 for the half-year ended Dec 31,…
Business
Coller Capital expands in South-east Asia private equity secondary market with Singapore office - The Business Times
The move extends the company’s commitment to the region as demand from institutional and private wealth investors rise…
News
Fire lessons from the Australian capital, where a 2003 inferno changed everything
The residents of Canberra might know a little about what Los Angeles is going through. Exactly 22 years ago, a wildfire became a…