Culture
Morgan Stanley boosts managing director ranks after dealmaking revival
Wall Street expects another strong year as equity markets hit record highs and interest rates decline [NEW YORK] Morgan Stanley elevated 184 employees to the managing director rank this...
DBS lays groundwork for significant risk transfers: sources
South-east Asia’s largest bank held preliminary talks with funds investing in SRTs[SINGAPORE] DBS Group Holdings is weighing a foray into the market for significant risk transfers (SRTs) as lenders...
Subsidiaries of Dasin Retail Trust manager receive court summonses over Companies Act breaches
Charges involve failing to hold AGMs and lodge financial results for FY2022 and FY2023[SINGAPORE] Four subsidiaries of Dasin Retail Trust’s trustee-manager have received court summonses over breaches of the...
Singapore stocks track regional decline; STI down 0.2%
Across the broader market, gainers trail losers 271 to 300, after 1.4 billion securities worth S$1.7 billion change hands[SINGAPORE] Singapore stocks ended lower on Thursday (Jan 8), amid a...
Singapore stocks track regional declines; STI down 0.2%
Across the broader market, gainers trail losers 271 to 300, after 1.4 billion securities worth S$1.7 billion change hands[SINGAPORE] Singapore stocks ended lower on Thursday (Jan 8), amid a...
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America[TOKYO] The Japanese operator of the Uniqlo clothing brand, Fast Retailing, on Thursday (Jan 8) said...
UI Boustead said to seek US$700 million Singapore IPO in March
The real estate investment trust unit of Boustead Singapore will begin taking investor orders as soon as next month[SINGAPORE] UI Boustead Reit is gearing up for a listing in...
Sumitomo’s energy arm may set up LNG trading desk in Singapore
[TOKYO] The energy trading arm of Sumitomo Corp is considering setting up an LNG desk in Singapore, the latest move by the Japanese company to strengthen its foothold in...
The world’s copper squeeze is set to intensify on AI and defence spending: S&P
[NEW YORK] The race for artificial intelligence (AI) and surging defence spending are set to intensify a projected shortage of copper as producers struggle to expand, according to a...
‘No further action’ by CPIB against Nam Lee MD over whistle-blower report
This comes ahead of extraordinary general meeting called to oust company executive director and chairman[SINGAPORE] The Corrupt Practices Investigation Bureau (CPIB) will take “no further action” against the managing...
