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SMBC Asia inks debut US$3.2 billion SRT with Blackstone, Stonepeak
[ad_1] Globally, SRT volumes are projected to expand 11% annually over the next two years[SINGAPORE] Sumitomo Mitsui Banking Corporation’s (SMBC) Asia-Pacific arm has completed its first US$3.2 billion synthetic risk...
Gold rises on softer Treasury yields; silver steadies after record run
[ad_1] Investors are currently pricing in two rate cuts for next year, with this week’s non-farm payrolls report expected to provide further clues on the Fed’s policy path[BENGALURU] Gold rose...
January Capital’s private credit fund marks final close at over US$130 million
[ad_1] The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans [SINGAPORE] Singapore-headquartered investment firm January Capital on Monday (Dec 15) announced the final close...
China brings EV price war to Thailand, dangling 38% discounts
[ad_1] The steep discounts have fuelled a more than 20% surge in sales in both October and November[BANGKOK] Chinese electric vehicle (EV) makers, already struggling with bruising competition at home,...
China confronts the cost of dismantling the world’s biggest coal sector
[ad_1] Green industries have created more than seven million jobs and ultimately there will be net growth in employment from the energy transitionON A dusty afternoon in the northern reaches...
Tokyo Gas to steer more than half of overseas investments to US in next three years, CEO says
[ad_1] The Japanese utility has a long-term contract to procure 1.1 million tonnes of LNG annually from Russia’s Sakhalin-2 project[TOKYO] Tokyo Gas, Japan’s top city gas provider, plans to direct...
Tiger Brokers Singapore bucks price-cutting trend among digital brokerages
[ad_1] It charges higher fees than some competitors, but still managed to add new accounts for the seventh straight quarter, hitting a new peak[SINGAPORE] In the cutthroat world of digital...
Australia to enforce new food pricing rules in crackdown on Coles and Woolworths
[ad_1] Both companies have said they have absorbed rising supplier costs and offered discounts to ease pressure on customers[MELBOURNE] Coles Group and Woolworths Group, Australia’s dominant supermarket chains, are bracing...
How SingHaiyi’s 29-year-old scion Gallant Tang is reshaping its next chapter
[ad_1] How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership Inside Asia’s family empires: How they are transforming to seize the next...
Gallant Tang: Shaping SingHaiyi Group’s next chapter
[ad_1] How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership Inside Asia’s family empires: How they are transforming to seize the next...
Veteran Singapore Singer Ling Xiao Dies at 75; Funeral to be Held on Dec 17
[ad_1] Veteran local singer Ling Xiao, a prominent figure in Singapore's Mandarin music scene during the 1970s, died on December 13 at the age of 75. His death was reported...
Singapore Police Seize Over S$539,000, Freeze 176 Accounts in Island-Wide Anti-Scam Operation
[ad_1] More than S$539,000 in suspected scam proceeds was seized and 176 individuals were placed under investigation following a 12-day island-wide enforcement operation conducted by the police in collaboration with...