News
Stocks slide; bonds, gold buoyed as tariffs stoke recession fears
[ad_1] [LONDON] Major global share markets fell sharply on Monday (Mar 31) and gold surged to another new record after US President Donald Trump said tariffs would essentially cover all...
UBS expands wealth service to target Australia’s mining capital
[ad_1] [SYDNEY] UBS Group promoted Tim Clemenger to be its first client adviser for wealth management based in Perth, the Swiss bank’s latest move to attract more rich Australians.Clemenger will...
Seoul overtakes Paris in beauty boom with dealmakers rushing in
[ad_1] [SEOUL] As South Korean cosmetics gain popularity in the US, the world’s biggest market for beauty products, personal care startups in the east Asian country are seeing a surge...
Sinarmas Land minorities should be incensed by lowball offer from its controlling shareholder
[ad_1] The deal comes only a few months after a key unit of the group acquired a property company from Top Global at a premium to NAV[SINGAPORE] Lowball offers are...
Yangzijiang Financial places S$139.3 million in treasury shares for maritime investments
[ad_1] It says this is in line with its strategy to capitalise on industry tailwinds driven by increasing decarbonisation[SINGAPORE] Yangzijiang Financial has raised net cash proceeds of S$139.3 million through...
Mapletree Industrial Trust banks on diversification for sustainable returns – The Business Times
[ad_1] It is not heading towards becoming a 100% data centre Reit; resilient Singapore industrial portfolio will continue to be a key area, says Lily Ler, CEO of the manager...
Commodity traders still rake in billions as profit bonanza wanes
[ad_1] The world’s largest commodity traders are still making historically elevated profits, even as less-volatile markets mean their earnings have retreated from the bonanza that followed Russia’s full invasion of...
Chinese EVs’ market share across Europe drops to two-year low
[ad_1] [BEIJING] Chinese automakers missed out on a European rebound in electric vehicle (EV) demand last month, as more-established manufacturers such as Volkswagen captured the biggest part of a jump...
UBS has no intention of leaving Switzerland, says compliance chief
[ad_1] [ZURICH] UBS has no plans to leave Switzerland, the bank’s compliance and governance chief Markus Ronner said on Friday (Mar 28) amid a debate on how to regulate the...
Singapore’s mobile data price war: ‘You lose out if you don’t switch’
[ad_1] [SINGAPORE] Remember when mobile data was rationed by the gigabyte?Those days are long gone in Singapore, where a fierce price war has changed the price of each gigabyte (GB)...
