Fashion
UBS cuts four loan bankers in Singapore, Hong Kong as deal flow slows
[ad_1] UBS Group cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding costs cast a pall over the market.
The individuals, who...
Standard Chartered mulls sale of wealth, retail operations in Africa
[ad_1] STANDARD Chartered is exploring a potential divestment of its wealth and retail banking operations in Botswana, Uganda and Zambia, it said on Wednesday (Nov 27), as the banking giant...
Chinese driverless-tech firm Pony AI said to raise US$260 million in US IPO
[ad_1] The Guangzhou-headquartered company priced its American depositary shares at US$13 eachPONY AI raised US$260 million after pricing its US initial public offering at the top of the marketed range,...
Singapore banks, insurers in ‘good position’ to withstand severe macrofinancial shock: MAS
[ad_1] Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S banks and insurers have sufficient capital and liquidity buffers to withstand...
Citi appoints ex-BlackRock portfolio manager Kate Moore as CIO
[ad_1] GLOBAL bank Citigroup announced on Wednesday (Nov 27) that it has appointed former BlackRock portfolio manager Kate Moore as its chief investment officer (CIO) for its wealth division. She will...
Foxconn says global manufacturing footprint to shield it from Trump’s tariffs
[ad_1] TAIWAN’S Foxconn said on Wednesday (Nov 27) it expects any impact of new tariffs from US President-elect Donald Trump to hit it less than its rivals, citing its global...
Current higher yields on Singapore Savings Bonds and Treasury Bills unlikely to last: analysts
[ad_1] December tranche gives a 10-year average return of 2.81%; sees S$164.8 million in applications versus S$600 million on offerTHE latest Singapore Savings Bond (SSB), allotted on Wednesday (Nov 27),...
Most Singapore companies able to service debt despite higher interest expense: MAS
[ad_1] DESPITE higher interest expenses, most companies in Singapore have been able to generate enough earnings to service their debt, said a report by the Monetary Authority of Singapore (MAS)...
Apple misses out on big 2024 smartphone market rebound: study
[ad_1] GLOBAL smartphone sales rebounded strongly in 2024 after two successive years of decline, but Apple barely managed growth, an independent study showed, underscoring the speed with which Android-based rivals...
Thai Airways plans 44 billion baht share sales to exit debt plan
[ad_1] THAI Airways International expects to raise as much as 44 billion baht (S$1.7 billion) from a share rights offering, the carrier’s final major step to exit a court-supervised debt...
Vitasoy ‘open to collaboration’ as takeover speculation mounts
[ad_1] VITASOY International Holdings is “open” to potential business collaboration opportunities, chief executive officer Roberto Guidetti said, as the beverage maker’s shares jumped the most on record after a Singapore...
Philip Ng raises stake in Vitasoy, prompting speculation of takeover
[ad_1] CEO Roberto Guidetti says it’s ‘open’ to potential business collaboration as company’s shares jumped the most on recordVITASOY International Holdings is “open” to potential business collaboration opportunities, chief executive...