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Intermediaries see shift to fixed income ahead of rate cuts, eye new markets for growth: BOS survey
Alternative investments and exchange-traded funds are also expected to see more demand[SINGAPORE] Fixed-income solutions are set to see the strongest growth in demand among clients of financial intermediaries, as...
Malaysia’s EPF declares 6.15% dividend for 2025
[KUALA LUMPUR] Malaysia’s Employees Provident Fund (EPF) – the pension fund for more than 18 million members – declared on Saturday (Feb 28) a 6.15 per cent dividend for...
OUE loss widens to S$314.7 million in H2 FY2025
The group’s half-year revenue is down at S$324.3 million from S$332 million the year before [SINGAPORE] OUE reported a loss of S$314.7 million in H2 FY2025, 65 per cent...
Samudera Shipping’s H2 2025 profit down 30.2% at US$34.9 million; special dividend proposed
The decline in profit in the second half is attributed to the cost of services outpacing revenue growth[SINGAPORE] Samudera Shipping posted a 30.2 per cent drop in net profit...
AEM’s net profit rises 32% to S$13.9 million for H2 FY2025; proposes resuming dividend at S$0.013
The board of directors recommended a final dividend of S$0.013 per share for the year[SINGAPORE] Semiconductor equipment maker AEM Holdings on Wednesday (Feb 25) reported a net profit of...
Buffers for Greater China, US exposures ‘more than adequate’ as bad-debt formation slows in Q4: UOB
[SINGAPORE] The provisions that UOB has pre-emptively set aside for commercial real estate “hot spots” in Greater China and the United States are “more than adequate” buffers against potential...
Former WNBA All-Star, two-Time Champion Kara Braxton Dies at 43; Key Facts At Glance
Former WNBA All-Star Kara Braxton dies at 43.League announced death; cause not disclosed.Braxton won championships with Detroit Shock in 2006, 2008.Played 10 seasons, later worked at Nike.The league announced...
Asia sees ‘temporary’ tariff relief, Singapore to benefit despite direct hike: analysts
[SINGAPORE] Analysts expect US President Donald Trump’s new global tariffs to offer Asia some near-term relief, even as he raised them to 15 per cent on Sunday (Feb 22),...
CapitaLand Investment’s China drubbing: more misses than hits
Over the past five years, valuations of its assets in the country were down about S$1.6 billion[SINGAPORE] CapitaLand Investment (CLI) was dragged into the red for the second half...
Capitaland Investment dragged into red by China asset losses: What are the hits and misses?
Over the past five years, valuations of its assets in the country were down about S$1.6 billion[SINGAPORE] CapitaLand Investment (CLI) was dragged into the red for the second half...
Blue Owl anxiety rattles the US$1.8 trillion private credit market
[LONDON/NEW YORK] Blue Owl Capital’s co-chief reeled off all the times he’d seen this type of fear before. Covid-19. Silicon Valley Bank’s collapse. Liberation Day.Marc Lipschultz was addressing analysts...
CapitaLand Ascott Trust expands Japan portfolio with 4.6 billion yen acquisition
It acquires three freehold rental housing properties in Southern Kanagawa, Greater Tokyo[SINGAPORE] CapitaLand Ascott Trust (Clas) on Monday (Feb 23) announced the acquisition of three freehold rental housing properties...