Business
China shadow bank’s missed payments show growing property stress
The recent trouble in Zhejiang is a reminder that the problem never fully went away A US$3 billion redemption crisis in eastern China is…
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Business
Business
Oxfam chief forced to step down over 'serious issues' with conduct, charity says
The chief executive of Oxfam GB has been forced out by the charity's board after an independent review found "serious issues" with her…
Business
Gold rises on softer Treasury yields; silver steadies after record run
Investors are currently pricing in two rate cuts for next year, with this week’s non-farm payrolls report expected to provide further…
Business
Ringgit’s outperformance set to extend next year on AI boost
The Malaysian ringgit is on course to beat its Asian peers for a second straight year, and some strategists are expecting the…
Business
Soilbuild Construction proposes four-to-one stock split after 313% year-to-date rise
The company currently has an issued and paid-up share capital of S$107.9 million comprising 165.5 million shares Construction and…
Business
January Capital’s private credit fund marks final close at over US$130 million
The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans…
Business
South Africa diamond mining: The Nama's once mineral-rich land has left them in poverty
Karnie SharpBBC Focus on Africa, South Africa's west coast There is a disturbing contrast along South Africa's remote west coast. The…
Business
Robot vacuum Roomba maker files for bankruptcy after 35 years
Under the restructuring, vacuum cleaner maker Shenzhen Picea will receive the entire equity stake in the reorganised company iRobot filed…
Business
Stocks to watch: ST Engineering, ESR-Reit, OUE Reit, Hutchison Port Holdings Trust, Soilbuild Construction
The following companies saw new developments that may affect trading of their securities on Monday (Dec 15): Source link
Business
ESR-Reit sells 8 Singapore assets to Brookfield for S$338m; sale would trim distribution
The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay The manager of ESR Real Estate…
Business
ASX hit with A$150 million capital charge, regulatory reforms
The exchange operator will also revamp its internal transformation programme with new targets and commit to stronger leadership…
Business
Nomura seeking private debt acquisitions in alternatives push, CEO says
Despite the explosive growth of such financing in the US over the past decade, bank loans still dominate corporate borrowing in Japan…
Business
Tokyo Gas to steer more than half of overseas investments to US in next three years, CEO says
Tokyo Gas, Japan’s top city gas provider, plans to direct more than half of the 350 billion yen (S$2.9 billion) it has earmarked for…
Business
Rebate cuts won’t hurt Singapore’s momentum as South-east Asia’s top EV market in 2026
The Republic’s EV take-up is expected to rise due to a continued price advantage and new benefits for electric heavy vehicles The…
Business
Tiger Brokers Singapore bucks price-cutting trend among digital brokerages
It charges higher fees than some competitors, but still managed to add new accounts for the seventh straight quarter, hitting a new peak…
Business
Keppel Reit’s dilutive purchase of MBFC Tower 3 a gamble on the sensibilities of S-Reit investors
A quick rebound from its sell-off last week might suggest investors are prepared to stomach some DPU dilution for the right deal at the…
Business
‘Not meant to make a big statement’: JPMorgan’s Jamie Dimon on why the bank has shelled out US$4 billion on New York HQ
It’s about the belief in building great spaces for employees in the US, Europe, Asia and elsewhere, says the CEO in exclusive interview…
Business
JPMorgan's new HQ's so tall it had to buy air rights over Grand Central Station and St Bartholomew’s Church
It’s about the belief in building great spaces for employees in the US, Europe, Asia and elsewhere, says the CEO in exclusive interview…
Business
Strictly Come Dancing finalists confirmed after last elimination
The three finalists for this year's Strictly Come Dancing have been confirmed, after one couple was eliminated from the competition in…
Business
Wall Street sees an AI bubble forming and is gaming what pops it
Looking to 2026, investors debate cutting AI exposure or doubling down to ride a potentially game-changing boom It has been three years…
Business
'It was pandemonium': Jewish community targeted in Australia's deadliest shooting in decades
Tessa Wong,Bondi beachand Tiffanie Turnbull,Sydney The first day of Hanukkah was a sweltering one in Sydney - a perfect afternoon to spend…
Business
ServiceNow nears up to US7 billion deal for cybersecurity startup Armis
ServiceNow is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as US$7 billion and would…
Business
Here’s what’s next from the creator of the Pebble smartwatch
Just under a year after the rebirth of the Kickstarter favorite Pebble smartwatch, the founder of that tech gadget is debuting the…