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Culture
Coliwoo to acquire S$101 million Changi asset from ESR-Reit
The property’s location in Changi Business Park provides access to an established corporate tenant base Co-living operator Coliwoo has…
Culture
Gold’s bullish outlook makes it a core portfolio asset, not just a hedge, say panellists
The precious metal will likely continue to rally amid geopolitical uncertainty and central bank demand, observers say Gold is increasingly…
Culture
Rio Tinto-Glencore merger may need asset sales to win over China
China’s antitrust regulator is likely to be concerned about a combined entity’s concentration in copper production and marketing…
Culture
YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push
Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding…
Culture
Stoneweg Europe Stapled Trust divests office asset in Italy for 34 million euros
Following the divestment, the trust’s exposure to Italy will fall from 18% to 17% The managers of Stoneweg Europe Stapled Trust (Sert) on…
Culture
BNY deepens AI, digital asset embrace as it enters next phase: CEO Robin Vince tells BT
The New York-based bank has invested heavily in AI and culture transformation and is ready for its next phase of change, says Vince in an…
Beauty
Heated Rivalry’s Hudson Williams Talks About His Best Asset
“I want a Heated Rivalry ass.” That was the first thing I said to my trainer when we met at Equinox yesterday for our biweekly session.…
Culture
Google faces 110 million euros French asset freeze after Russian ruling, documents show
[PARIS/MOSCOW] The administrator of Google’s defunct Russian business has obtained a temporary freeze on some 110 million euros (S$167…
Culture
Nomura CEO sees big growth phase in wealth and asset management
[TOKYO/YOKOHAMA] Nomura’s chief executive officer vowed to build on the company’s earnings revival by strengthening businesses across the…
Culture
Macquarie Asset Management offers US$7.5 billion for logistics firm Qube
The Australian logistics and shipping-containers’ operations span container leasing, car and grain cargo terminals, and road and rail…
Culture
Repositioning of IReit Global’s Berlin asset to have ‘significant impact’ on DPU
The absence of property income as a result of the repositioning of IReit Global’s office asset in Berlin is expected to have a…
Culture
Outlook for UOB lags DBS, OCBC amid spotlight on asset quality in Q3
Analysts remain positive on DBS and OCBC given resilient results supported by strong non-interest income Market outlook for UOB has turned…
Culture
RHB lifts Frasers Centrepoint Trust target price by 10.2% on improved H2 earnings, asset enhancements
RHB raised its target price for Frasers Centrepoint Trust (FCT) and maintained its “buy” rating, citing steady H2 earnings alongside…
Culture
OUE Reit’s Q3 NPI falls 5.6% to S$57 million on Shanghai asset sale
OUE Real Estate Investment Trust (Reit) posted a 5.6 per cent decline in net property income (NPI) to S$57 million for the third quarter…
Business
Vietnam Yet To Receive Proposals For Digital Asset Trading Pilots: Ministry
The Vietnam Finance Ministry said it has not yet received any proposals from enterprises seeking to participate in the country’s digital…
Business
Australia Drafts Law to Tighten Oversight of Digital Asset Platforms
Australia has released draft legislation to regulate digital asset platforms, proposing a framework that extends financial services laws…
Culture
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion of digital assets held or traded…
Business
Medvedev threatens UK with asset seizure over support for Ukraine
Russian former president Dmitry Medvedev is threatening the UK government with the expropriation of British state assets because of its…
Culture
‘Nikko’ cut from new name of US$260 billion Japanese asset manager
Nikko Asset Management is changing its name to Amova Asset Management, removing “Nikko” for the first time since it was founded in 1959 in…
Culture
JPMorgan Asset Management registers 8 more active ETFs in Singapore for local investors
JPMorgan Asset Management (JPMAM) announced on Monday (Aug 18) the registration of eight active exchange-traded funds (ETFs) in Singapore,…
Culture
JP Morgan Asset Management registers 8 more active ETFs in Singapore for local investors
JP Morgan Asset Management (JPMAM) announced on Monday (Aug 18) the registration of eight active exchange-traded funds (ETFs) in…
Culture
UOB, BOS among banks with rising clients' alternative asset investments as Asia’s rich take shine to sector
More of Asia’s richest are viewing private-market investments as a core part of their portfolios, say senior private bankers. With…
Culture
Meta to share AI infrastructure costs via US$2 billion asset sale
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power…