Today: September 19, 2024
Today: September 19, 2024

Latest From Yantoultra Ngui

Business|Economy|Finance

Bridgewater's Dalio and Singapore's GIC chief cautious on global outlook

Ray Dalio, founder of the world's largest hedge fund, and Lim Chow Kiat, the boss of Singapore's sovereign wealth fund GIC are increasingly cautious on the

Bridgewater's Dalio and Singapore's GIC chief cautious on global outlook
Business|Finance

Telkom Indonesia taps Goldman, Mandiri to seek strategic investor for data centre business

Indonesia's state-owned communication giant Telkom Indonesia has appointed Goldman Sachs and Mandiri Sekuritas to help it find a strategic investor for its

Telkom Indonesia taps Goldman, Mandiri to seek strategic investor for data centre business
Asia|Business|Finance

OCBC's Q2 profit tops expectations, says on track to meet 2024 targets

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a stronger-than-expected 14% year-on-year jump in second quarter net

OCBC's Q2 profit tops expectations, says on track to meet 2024 targets
Asia|Business|Finance|Stock Markets

99 Speed Mart eyes Sept market debut as Malaysia's biggest IPO in 7 years, sources say

Malaysia's top mini-market chain retailer 99 Speed Mart Retail Holdings aims to make its market debut on Sept. 9 after raising $509 million in an IPO set to be

99 Speed Mart eyes Sept market debut as Malaysia's biggest IPO in 7 years, sources say
Business|Economy

Chinese state-owned brokerage to ramp up investment banking business in Southeast Asia

A unit of state-owned brokerage China Galaxy Securities (CGS) plans to expand its investment banking team in Southeast Asia to 50 people next year from 30 now,

Chinese state-owned brokerage to ramp up investment banking business in Southeast Asia
Business|Economy

Temasek portfolio value logs modest rise; has a cautious approach to China

Singapore state investor Temasek said on Tuesday its net portfolio value had swung back to growth with a 1.8% gain, adding that profits from investments in the

Temasek portfolio value logs modest rise; has a cautious approach to China
Business|Health

IHH, Sunway among bidders for Affinity's Malaysian hospital, sources say

Private hospital operators IHH Healthcare and Sunway Medical Centre are among bidders for Malaysia's Island Hospital, which is owned by Asian buyout fund

Business

Apple plans to invest more than $250 million to expand Singapore campus

Apple Inc plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement dated

Apple plans to invest more than $250 million to expand Singapore campus
Business|Economy

Singapore's top bank DBS eyes $370 billion in wealth assets by 2026, top exec says

DBS Group plans to boost assets under management for its wealth business to S$500 billion ($369.7 billion) by the end of 2026, said the unit's head, as the top

Singapore's top bank DBS eyes $370 billion in wealth assets by 2026, top exec says
Business|Economy

OCBC posts record Q1 profit, makes $1 billion bid to take Great Eastern private

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) posted on Friday a better-than-expected 5% rise in first-quarter profit

OCBC posts record Q1 profit, makes $1 billion bid to take Great Eastern private
Business|Political

Malaysia airport privatisation deal clouded by protests over Gaza war

A group of prominent Malaysian civil society bodies have started a protest against a bid by a consortium including a firm in the process of being acquired by

Malaysia airport privatisation deal clouded by protests over Gaza war
Business|Technology

KKR-SingTel consortium frontrunner to buy $1 billion stake in data centre provider, sources say

(This May 28 story has been refiled to rectify the name of the company to ST Telemedia Global Data Centres from STT Telemedia Global Data Centres in paragraph 2) By Yantoultra Ngui SINGAPORE (Reuters)

KKR-SingTel consortium frontrunner to buy $1 billion stake in data centre provider, sources say

Follow