Business
Morgan Stanley seeks to redeem cash from Jefferies’ Point Bonita fund, source says
Morgan Stanley’s asset management unit asked investment bank Jefferies to return some money it invested in the latter bank’s Point Bonita…
Tag
Cash
Business
RBNZ seen cutting cash rate with economists split over magnitude
The economy is projected to recover in the second half of the year, and policymakers may decide against a knee-jerk reaction to the poor…
Business
What does 11.9 trillion rupiah in cash look like? For Wilmar, it could spell trouble
Loss of the ‘security deposit’ in relation to an Indonesian probe could account for a 65% drop in FY2025 earnings, according to DBS and…
Business
Philippines central bank tightens rules on large cash withdrawals amid graft crackdown
The new rule comes amid a government-led anti-corruption crackdown on infrastructure projects The Philippine central bank has tightened…
Business
Malaysia's Sunway Group to buy Hongkong Land’s development arm MCL Land for S$738.7 million cash
The sale is effectively at net asset value, says Hongkong Land chief executive Michael Smith Real estate group Hongkong Land will sell its…
News
CNB Arrests 8 Singaporeans, Seizes Over 400 Kpods and $22K in Cash in Islandwide Raids
Eight Singaporeans were arrested on Wednesday, September 10, during the first major Central Narcotics Bureau (CNB) operation against…
Business
Singapore’s snowballing cash levels are boosting local bonds
The recent build-up of cash in Singapore’s money market is strengthening demand for the nation’s bonds, driving returns to near the…
Business
Hyflux got only $150 million bank loan for S$890 million project because of cash flow concerns
Even after Hyflux won its bid for the S$890 million Tuaspring project in March 2011, it managed to secure only a S$150 million bank loan.…
Business
Hyflux got only S$150 million bank loan for S$890 million project because of cash flow concerns
Even after Hyflux won its bid for the S$890 million Tuaspring project in March 2011, it managed to secure only a S$150 million bank loan.…
Business
National Australia Bank third-quarter cash earnings rise marginally
ONAL Australia Bank reported a slight increase in its cash earnings for the third-quarter on Monday, helped by improved margins and growth…
Unsorted
Cash Payments Were Never Meant to Be a Cure-All for Poor Americans
More important, this study has to be evaluated within a large body of qualitative and quantitative evidence that shows cash payments to…
Business
Commonwealth Bank of Australia’s posts record full-year cash profit
ONWEALTH Bank of Australia reported its best full-year cash earnings and announced a record dividend payout on Wednesday, as strong growth…
Business
Spirit Airlines issues going concern as it faces cash crunch
Spirit Airlines warned investors it may not survive as a going concern if it cannot raise cash quickly enough to satisfy creditors. The…
Business
The insidious risk in holding on to cash
Cash is king – or is it? With interest rates still well above pre-2022’s zilch and pundits touting the Singapore dollar’s “safe haven…
Business
Rolls-Royce raises profit and cash flow outlook after strong H1
British aero-engineer Rolls-Royce raised its full-year outlook for both operating profit and free cash flow on Thursday (Jul 31) after it…
Business
New Zealand central bank holds cash rate at 3.25%
New Zealand‘s central bank held the benchmark interest rate at 3.25 per cent on Wednesday, but said it expected to loosen monetary policy…
Business
Manhattan home sales surge 17% with cash buyers leading the way
Manhattan home sales in the second quarter were stronger than they have been in almost two years, boosted by cash buyers undeterred by the…
Business
Nissan seeks to delay supplier payments to free up cash, company emails show
Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company…
Business
Singtel CEO Yuen Kuan Moon’s pay up 16.8% to S$8.2 million; S$2.8 billion cash holdings to help group navigate challenges
Singtel’s leadership struck a cautiously optimistic tone on its near to medium-term outlook, even as group chief executive officer Yuen…
Business
China makes pitch for more private cash in cross-border projects
China’s Finance Minister Lan Fo’an has urged a greater role for private investment in ensuring sustainable funding for cross-border…
Business
Singapore’s banking hub has a corner where cash is still king
In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a…
Business
Singapore’s banking hub has a busy corner where cash is still king
In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a…
Business
Hedge funds reap cash from investors ‘starved’ of Japan exposure
Nick Bird’s OQ Funds Management opened a Japan quantitative hedge fund in September. Within weeks, it raised the maximum US$250 million…
Business
India's central bank to use cash reserve ratio as active liquidity tool
India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather…