Fashion
Indonesian sovereign wealth fund Danantara hires 2 executives from Singapore’s GIC
[JAKARTA] Indonesian sovereign wealth fund Danantara has hired two former GIC investment professionals to lead its global private market coverage, according to sources familiar with the matter.Daniel Lim and...
Hyflux ex-company secretary testifies 2 lawyers involved in preference shares document
Officers from banks that had earlier considered providing project financing for the Tuaspring project have been lined up to take the stand next week[SINGAPORE] The former company secretary of...
Gold’s dip a mere blip in glittering rally hinting at global monetary shift
IT HAS been a banner year for gold bugs. Despite a 5 per cent correction on Oct 21, the yellow metal has been the best-performing asset class of 2025...
Wee Hur unit enters JV to build Wycombe Abbey international school in Singapore
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...
Chinese firms speed up US dollar selling amid optimism towards renminbi
The clients include exporters, importers and some investors in overseas financial assets[BEIJING] Chinese banks helped clients offload overseas currencies at the fastest pace since 2020 last month, as optimism...
OpenAI to offer UK data residency driven by government partnership
[LONDON] OpenAI will offer Britain’s government and businesses an opportunity to store data in the UK from Friday, helping unlock the potential of AI for more companies and public...
Stocks to watch: Mapletree Pan Asia Commercial Trust, FCT, Digital Core Reit, Sabana Reit
[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...
Gold fever: These charts show the rush for the precious metal in Singapore
Even with the recent pullback, prices are still up by 8 per cent over the past month[SINGAPORE] Globally, physically backed gold exchange-traded funds (ETFs) recorded their largest monthly inflow...
Labubu resale price falls may be more about supply than demand
[SHANGHAI] Kasidit Teerawiboosin, 22, has ridden the wave of Labubu’s success as a reseller in Thailand of toys from Pop Mart, but the days of easily making money flipping...
US mulls curbs on exports to China made with US software: sources
[WASHINGTON] The Trump administration is considering a plan to curb a dizzying array of software-powered exports to China, from laptops to jet engines, to retaliate against Beijing’s latest round...
