Fashion
US asks to seize crypto tied to Sam Bankman-Fried bribery charge
THE US is not through trying to seize cryptocurrency tied to Sam Bankman-Fried a year after he was convicted of masterminding a massive fraud at his FTX exchange.In a court...
US companies storm debt markets after risk premiums plunge
COMPANIES of all stripes are diving into the debt market on Tuesday (Nov 12), taking advantage of robust demand and relatively favourable borrowing costs.Banks including Citi, Goldman Sachs, HSBC and...
Volkswagen boosts bet on Rivian’s EV technology by US$800 Million
VOLKSWAGEN (VW) and Rivian Automotive named leaders for their multi-billion US dollar joint venture (JV) and showcased a prototype electric vehicle (EV), signalling their commitment even as global EV demand...
Man Group plans job cuts as it reviews budget, talent needs
MAN Group is planning a round of job cuts as the world’s biggest publicly traded hedge fund firm reviews its staffing needs.Chief executive officer Robyn Grew told staff the firm...
CapitaLand Ascott Trust’s divestments could help it buffer against higher-for-longer interest rate scenario
It should seize opportunities available in market, as long as exit yields remain favourableTHE managers of CapitaLand Ascott Trust (Clas) have announced a flurry of divestments for the lodging trust...
Canada moves to end disputes at ports of Vancouver and Montreal
CANADIAN Labour Minister Steven MacKinnon said on Tuesday (Nov 12) he had directed the country’s labour relations board to order an end to disputes at the ports of Vancouver and...
Keppel Reit prices A$50 million floating rate green notes due 2027
The net proceeds, after deducting issue expenses, will be fully used towards refinancing projects that meet its green financing framework criteriaKEPPEL Reit has priced its offering of A$50 million (S$43.8...
IReit Global reports 89.6% portfolio occupancy for Q3, weighed down by Spanish portfolio
EUROPE-FOCUSED real estate investment trust IReit Global on Tuesday (Nov 12) announced a portfolio occupancy of 89.6 per cent for its third quarter ended Sep 30, and suggested that the...
Netflix’s ad-supported tier hits 70 million users
NETFLIX said on Tuesday (Nov 12) its ad-supported tier had reached 70 million monthly active users globally, nearly doubling from about six months earlier as customers seek more affordable options.
The...
Quarz pares stake in Sabana Reit as Volare adds
The transaction increases Volare’s deemed interest in the trust to 19.79% from 17.79%SWISS group Volare has scooped up the 22.5 million shares in Sabana Industrial Real Estate Investment Trust (Sabana...
