Culture
US government shutdown threatens to disrupt IPO market momentum
SEC shutdown stops IPO paperwork processing, delaying companies eyeing Wall Street listingsA US government shutdown threatens to stall the IPO market’s long-awaited comeback, just as strong investor demand and...
Investors urged to ‘recalibrate’ return expectations for private markets
[SINGAPORE] While slower divestments and liquidity issues present challenges in private equity markets, they are also creating opportunities in secondary markets and co-investments. Geok Wen Ting, head of Asia private...
German auto supplier ZF Group to cut 7,600 jobs in powertrain unit by 2030
The move is part of a broader plan announced by the company last year to eliminate up to 14,000 positions[BERLIN] ZF Friedrichshafen will cut around a quarter of its...
Temasek boosts bets on public stocks, pursues ‘active alpha’
[SINGAPORE] Temasek Holdings has invested more into public equities in the last 18 months than it traditionally has done, according to chief executive officer Dilhan Pillay.The state-owned investor, which...
CICT overtakes Hong Kong’s Link Reit to become Asia’s largest real estate investment trust
A main factor behind this is the strength of the Singapore dollar, which has gained 5.4% against the greenback so far this year, while the Hong Kong dollar has...
US$100,000 H-1B visa fee may draw top talent to Asia: analysts
Singapore will benefit from the H-1B1 visa exemption, they say, while US SMEs and startups will be hit the hardest[SINGAPORE] The hefty new US$100,000 H-1B visa fee for foreigners...
Leong Guan lodges preliminary document for IPO on SGX Catalist board
The food manufacturing and distribution company specialises in fresh noodle and soya bean-based beancurd products [SINGAPORE] Food manufacturing and distribution company Leong Guan on Tuesday (Sep 30) lodged its...
Nomura to boost rates and FX trading units, sees more market volatility
The push reflects growing doubts around the longevity of the current equities bull run[TOKYO] Japan’s Nomura Holdings plans to beef up its interest rate and currency trading operations globally,...
New Thai central bank chief says he will work with government but maintain independence
[BANGKOK] Thailand’s new central bank chief said on Wednesday that he will maintain the independence of the central bank while collaborating with the government to address the country’s economic...
Asia: Stocks mixed, Wall Street futures drop as US heads for shutdown
ASIAN markets stuttered, US futures fell and gold hovered near record highs on Wednesday after lawmakers in Washington failed to reach a deal to avert a government shutdown.The prospect...
