Entrepreneurship
AIA Singapore steps up wealth management ambitions even as it leverages ageing trend
[ad_1] [SINGAPORE] By 2026, an estimated 21 per cent of Singapore’s population will be aged 65 and above, making it a “super-aged” society. This is a rise from the current...
Reit-owned malls more likely to forgo higher rents for right tenant mix
[ad_1] [SINGAPORE] For Singapore-listed real estate investment trusts (S-Reits), rent increases are tempered by longer lease terms, a need to curate tenant mixes to drive foot traffic, and a focus...
Opec’s new supply shock nails on oil market’s return to surplus
[ad_1] [NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners (Opec+) is set to swell a surplus later this year, pressuring...
ING looks to expand non-interest income pillars in Singapore to buffer rate risks
[ad_1] [SINGAPORE] Dutch lender ING is accelerating efforts to build up its fee-based revenue amid the prospect of lower interest rates. In Singapore, that means deeper investments in capital markets...
S-Reits with lowest relative gearing have an average ratio of 33.5%
[ad_1] [singapore] Last month, the US Federal Reserve opted to maintain its benchmark interest rate, adopting a cautious stance despite speculation about a potential rate cut as early as July,...
Airbus inks US$20 billion Malaysia jet deals on Anwar trade trip
[ad_1] [HONG KONG] Malaysia’s biggest airlines sealed Airbus deals worth US$20 billion as Prime Minister Anwar Ibrahim wrapped up his European tour.AirAsia reached a tentative agreement to purchase as many...
Opec+ considers adding more than 411,000 barrels on Saturday
[ad_1] [PARIS] Opec+ is considering accelerating its oil production revival even more rapidly than expected during a virtual meeting on Saturday (Jul 5), delegates said.Saudi Arabia has guided the Organization...
Unnamed AIA Group shareholder is said to sell HK$26.8 billion stake
[ad_1] Published Fri, Jul 4, 2025 · 11:22 PM[HONG KONG] An undisclosed AIA Group shareholder sold a HK$26.8 billion (S$4.4 billion) stake in the insurer via block trades, according to...
Google’s AI Overviews hit by EU antitrust complaint from independent publishers
[ad_1] [BRUSSELS] Alphabet’s Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers, which has also asked for an interim measure...
Tesla has a problem – and it’s not just the Elon Musk backlash
[ad_1] [AUSTIN] Tesla is in a sales slump, with deliveries of its electric vehicles on track to decline for the second full year in a row.The polarising politics of chief...
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27 million for roles in S$3b money laundering case
[ad_1] [SINGAPORE] Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering related breaches, said the Monetary Authority of Singapore (MAS). The penalties...
