[SINGAPORE] Freehold Tan Boon Liat Building has been sold en bloc to a unit of Kingsford Group for S$950 million, subject to the fulfilment of certain conditions and owners’ approval.
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[HANOI] Would-be homeowners in Vietnam are being hit by sharply higher mortgage rates as banks face growing pressure to fund the government’s ambitious nationwide infrastructure push.
[SINGAPORE] After the 2020 collapse of commodity traders such as Hin Leong and Zenrock left banks facing billions of dollars in exposure, Singapore strengthened its trade-finance safeguards, including new checks aimed at detecting duplicate financing.
[TOKYO/NEW YORK] Tencent Holdings is negotiating exits from several game studio investments in Japan, including Tokyo-traded Marvelous, as part of a reassessment of the company’s global portfolio, sources with knowledge of the matter said.
[TAIPEI] Micron Technology said on Friday (Sep 11) that its direct labour employees in Taiwan would receive bonuses equaling 35 to 68 months of pay for fiscal 2026, with minimum cash compensation of NT$1.7 million (US$53,810) after the US chipmaker enjoyed what it described as an...
[SINGAPORE] If there is excess capital to be returned, OCBC’s preference would be to do so through a special dividend rather than a share buyback scheme, group chief executive officer Tan Teck Long said on Wednesday (Feb 25).
[SAN FRANCISCO] Mayor Daniel Lurie of San Francisco on Thursday (Sep 10) declared a rent emergency and proposed several actions to combat evictions as residents face a deepening housing crisis amid the artificial intelligence boom.
When do workplace relationships cross the line – from being a personal issue to a boardroom concern?
A BLACKROCK private debt fund expects to mark down the net value of its assets 19 per cent after a string of troubled loans weighed on results, marking the latest sign of pressure in the private credit market.
[HONG KONG] Unwilling to cede control over New World Development, Hong Kong’s billionaire Cheng family is now betting on the revival of the city’s property market. It is mulling options, such as a public share sale, to meet the embattled developer’s debt obligations.
THE US bond market sell-off accelerated on Thursday (Sep 10) as spiking oil prices fanned inflation fears and the US Treasury Department bought fewer bonds than expected during its first expanded buyback operation.
[PALM BEACH, Florida] US President Donald Trump said on Thursday his administration may slash income tax completely over the next couple of years because of government revenue generated from tariffs.
Buffers for Greater China, US exposures 'more than adequate' as bad-debt formation slows in Q4: UOB businesstimes.com.sg
Balancing profit with purpose: How firms create sustainable ecosystems in maritime and food waste industries The Business Times
Sheng Siong posts 14% jump in H2 profit to S$77.1 million on improved sales mix The Business Times
Aims Apac Reit to divest S$15 million industrial property for capital recycling The Business Times
China’s largest lenders’ first-quarter profit up over 3%, sour loan ratios steady The Business Times