News

US stocks fall as higher oil prices, Treasury yields weigh
Published Tue, Sep 29, 2026 · 06:07 AM[NEW YORK] US stocks fell on Monday (Sep 28) as oil prices and Treasury yields increased, with investors weighing uncertainty over the...
UBS faces 9% profit hit from latest Swiss capital plan
Published Mon, Sep 28, 2026 · 11:17 PM[BERN] The latest capital reform proposal adopted by Swiss lawmakers would cut UBS Group’s earnings per share by 9 per cent, RBC...
Greenback near two-month high as US-Iran stalemate bolsters oil, Fed rate hike bets 
Published Mon, Sep 28, 2026 · 08:39 PM[LONDON] The US dollar was steady near a two-month high on Monday (Sep 28) as the US-Iran standoff pushed up oil prices...
Singapore remains Asia’s private-markets hub, but regional rivals are catching up: panellists
Expertise is no longer limited to the Republic and is increasingly spreading across the region, they say[SINGAPORE] Singapore remains the regional headquarters for many funds and startups, but other...
Sushi wars roll into America as Japan’s top chains face off
As Sushiro re-enters the US, it joins a crowded market where sushi trade has grown more mature in recent years[TOKYO] When Japanese conveyor-belt sushi giant Sushiro opens its flagship US...
CDL to hire dedicated CEO for fund management as it steps up push into private funds
[SINGAPORE] City Developments Ltd (CDL) is making a renewed push into private funds, with plans to hire a dedicated chief executive and management team as it seeks to double...
Hafary founding family makes bid to take company private at S$0.64 a share
It cites low trading liquidity and mounting compliance costs as reasons to delist[SINGAPORE] The founding family of Hafary Holdings is moving to take the building-materials supplier private, citing low...
Hong Kong lists eight ETFs to tap Chinese insurer demand for overseas assets
Listing boom comes as Beijing broadened authorised channels for mainland investors to access foreign assetsPublished Mon, Sep 28, 2026 · 01:44 PM[HONG KONG] Eight exchange-traded funds (ETFs) offering exposure...
Higher rates manageable for Reits, but mind rich fees and alignment of manager-investor interests
When Reits underperform, sponsors’ pain is eased by earning substantial management fees[SINGAPORE] The real estate investment trust (Reit) sector in Singapore had a rocky start, with the first attempted...
CDL shares dip 6% after strategic review release
[SINGAPORE] Shares of City Developments Limited (CDL) fell more than 6 per cent on Monday (Sep 28) after the release of its strategic review.The counter declined 4.2 per cent...
Geely to acquire 30% of Nio’s power unit as part of battery-swopping, charging business deals
Transaction involves Geely offering 100% equity interest in its subsidiary and cash amounting to US$95 million[SINGAPORE] A 30 per cent stake in Chinese electric-vehicle giant Nio’s power unit will...
BOJ rate hike in October is real possibility, ex-official says
Faster rate hikes may be in store now as policy focus has shifted, says former executive directorPublished Mon, Sep 28, 2026 · 09:23 AMTHE Bank of Japan (BOJ) could...