Business
Singapore’s RV Capital is set to join the hedge fund influx into Dubai
The firm joins a growing number of Asian investment outfits that are looking to join their western peers in the United Arab Emirates…
Tag
capital
Business
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into…
Business
Swiss watchdog backs UBS plan to limit investment bank amid capital rule debate
The head of Switzerland’s financial watchdog signalled he is in favour of UBS Group’s offer to limit the size of its investment bank,…
News
Dozens die after torrential rain hammers Congolese capital
Torrential rains and floods have killed at least 33 people in Kinshasa - the capital of the Democratic Republic of Congo - according to…
Politics
Indonesia’s ambitious new capital faces unwelcome visitors: rats
As thousands of holiday tourists poured into the site of Indonesia’s under-construction new capital during the Eid al-Fitr break, they…
Business
Capital One Deal for Discover Clears Justice Dept. Hurdle
Capital One cleared a significant obstacle to its proposed acquisition of Discover Financial Services after the Justice Department told…
Business
SAC Capital lifts Soilbuild target price on strong order book, maintains its ‘buy’ call
SAC Capital hiked Soilbuild Construction’s target price to S$1.10 and maintained its “buy” call. The target price represents an upside of…
Business
Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital can fund potential acquisition
A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and…
Business
UBS expands wealth service to target Australia’s mining capital
UBS Group promoted Tim Clemenger to be its first client adviser for wealth management based in Perth, the Swiss bank’s latest move to…
Business
4 China state banks plan 520b yuan placements to add capital
Four of China’s largest state banks plan a total of up to 520 billion yuan in private placements to boost core tier-1 capital, after…
Business
Jefferies profit drops on pullback in deals, capital markets
Jefferies Financial Group’s fiscal first-quarter earnings declined amid a drop in investment-banking and capital-markets revenue, with…
Business
ST Engineering and HTX form JV company with initial capital of S$10 million
The JV company, Codex Solutions, will focus on developing and maintaining in-house software capabilities for the Home Team ST…
Business
Capital World says transactions linked to former subsidiary under probe
Property company Capital World said the Malaysian Anti-Corruption Commission (MACC) is investigating certain transactions made between…
News
Contributor: There's no getting around it: What Britain really needs is more Americans
To walk through Leicester Square in central London is to endure a pummeling of the senses. Its jostling tourists, the glaring lights of…
Business
CLP to focus capital on Hong Kong and China in clean power push
CLP Holdings plans to focus on investing in Hong Kong and mainland China, while projects in other areas will need to be self-funded as the…
Business
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEO UOB’s board has announced a S$3…
Business
UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion capital distribution package
The lender has proposed a final dividend of S$0.92 per share and special dividend of S$0.50 per ordinary share UOB on Wednesday (Feb 19)…
Business
Bain Capital ends acquisition battle with KKR for Fuji Soft
US private equity firm Bain Capital said on Monday (Feb 17) it will not launch a tender offer for Fuji Soft, formally ending a takeover…
Business
Bain Capital says it may withdraw tender offer proposal for Fuji Soft
Bain, which is supported by Fuji Soft’s founding family, has yet to launch a tender offer US PRIVATE equity firm Bain Capital said it may…
Politics
Sudan army plans new government as it advances in capital
The Sudanese military has called for diplomatic support for a new government that it says it wants to form after it recaptures the…
Business
DBS announces capital return dividend; to pay S$1,000 bonus to all staff except senior managers
DBS has set aside S$32 million to be issued as special one-time bonus of S$1,000 to all staff except senior managers, it said on Monday…
Business
DBS crosses S$46 for first time to hit new high on strong results and capital return dividend plan
SHARES of DBS rose to a historic level after it announced a capital return dividend of S$0.15 per share per quarter to be paid out over…
Business
DBS crosses S$46 for first time on strong results, capital return dividend plan
SHARES of DBS rose to a historic level after it announced an additional dividend payout for FY2025 on top of its regular dividends,…
Business
DBS shares vault past S$46 in intraday trading on strong results, capital return dividend plan
SHARES of DBS rose to a historic level after it announced an additional dividend payout for FY2025 on top of its regular dividends,…