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JPMorgan, PineBridge stay bullish on Asia’s wobbling junk bonds – The Business Times
PINEBRIDGE Investments and JPMorgan Asset Management are sticking with bullish bets for Asian junk-rated bonds given elevated yields and a supportive economic outlook, looking beyond stresses in the Chinese...
Hong Kong’s CKI is said to weigh sale of UK’s £4 billion Eversholt Rail – The Business Times
CK INFRASTRUCTURE (CKI) is evaluating options for Eversholt Rail, including a possible sale that may value the British rolling stock company at as much as £4 billion (S$6.7 billion),...
Singapore shares rise at Friday’s open, STI up 0.2% – The Business Times
SINGAPORE shares started trading in positive territory on Friday (Jan 24), tracking a rise in other global markets.As at 9.01 am, the Straits Times Index (STI) opened 0.2 per...
Stocks to watch: Mapletree Pan Asia Commercial Trust, Keppel DC Reit, Suntec Reit, ESR-Reit – The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday (Jan 24):Mapletree Pan Asia Commercial Trust (MPACT): Its manager posted a 9.1 per cent year-on-year...
Crypto’s richest man CZ turns venture capital firm into giant family office – The Business Times
ZHAO Changpeng “CZ”, a few months out of prison and worth US$70 billion thanks to the relentless crypto rally, is turning the former venture capital arm of his Binance...
ESR Reit posts 15.9% fall in H2 DPU to S$0.00997 – The Business Times
THE manager of ESR Real Estate Investment Trust (ESR Reit) posted a distribution per unit (DPU) of S$0.00997 for its second half (H2) ended Dec 31, 2024, down 15.9...
No major impact from Johor data centres, US export ban: Keppel DC Reit manager – The Business Times
NEW data centres in Johor, Malaysia, and the US chip export ban are unlikely to have a big impact on Keppel DC Reit, said the manager on Friday (Jan...
Billionaire McCourt says he is open to teaming up on a TikTok bid – The Business Times
US BUSINESSMAN Frank McCourt is open to teaming up with other buyers on a bid to take over the US operations of TikTok as long as he can maintain...
Mitsubishi Motors considering not joining Nissan-Honda merger, Yomiuri says – The Business Times
MITSUBISHI Motors, a junior partner of Nissan Motor, is considering not joining a planned business merger between Nissan and Honda Motor, sources told Reuters on Friday.Mitsubishi Motors plans to...
Disney raises Bob Iger’s pay by 30%, reflecting turnaround in profit – The Business Times
WALT Disney boosted chief executive officer Bob Iger’s total pay by 30 per cent in fiscal 2024, underscoring his turnaround of the media and entertainment company. The 73-year-old earned...
