News
Former Citi banker gets longest sentence in S$3 billion money laundering scandal
[ad_1] [SINGAPORE] A former wealth banker at Citigroup got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the movement of illicit funds and obstructing...
Nomura CEO seeks to tap more private market bets from Japanese
[ad_1] [TOKYO] Nomura Holdings’ chief executive officer sees more scope to get business from Japanese investors who are looking to private markets as a way to diversify their assets. “Compared...
Asia: Crude spikes as Trump threatens Russian giants, stocks turn lower
[ad_1] Crude prices spiked more than two per cent on Thursday after Donald Trump said he would hit two Russian oil companies with hefty sanctions, while talk that the White...
China and US ‘just flexing muscles’ over critical metals, BHP chair says
[ad_1] [MELBOURNE] The US and China are battling to project power as they compete to secure critical minerals supply, the new chair of BHP said on Thursday, downplaying any potential...
Gold eases as dollar firms, focus on US inflation data
[ad_1] Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week[BEIJING] Gold prices edged lower on Thursday (Oct 23), weighed down by...
Wee Hur unit in JV to build Wycombe Abbey international school in Singapore
[ad_1] It also plans to consolidate its purpose-built student accommodation assets under a new fund[SINGAPORE] Wee Hur announced on Wednesday (Oct 22) that its wholly owned subsidiary Wee Hur Property...
Stocks to watch: Mapletree Pan Asia Commercial Trust, FCT, Wee Hur, Digital Core Reit, Sabana Reit
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Oct 23): Mapletree Pan Asia Commercial Trust (MPACT) : It posted a rise...
Tea chain Chagee is sticking to high prices despite sales plunge
[ad_1] The Shanghai-based freshly-brewed tea chain has more than 200 international stores out of its network of 7,000 stores [SHANGHAI] Tea maker Chagee Holdings is holding firm to a strategy...
Frasers Centrepoint Trust’s H2 DPU rises to S$0.06059
[ad_1] [SINGAPORE] Frasers Centrepoint Trust (FCT) posted a higher distribution per unit (DPU) of S$0.06059 for its second half ended Sep 30, from S$0.0602 a year earlier.Revenue for H2 FY2025...
US sanctions Russian oil companies as Moscow holds nuclear drills
[ad_1] [MOSCOW] The United States hit Russia’s major oil companies with sanctions on Wednesday and accused the Russians of a lack of commitment toward ending the war in Ukraine, as Moscow conducted...
