The Straits Times Business News December 14, 2022 11:10 AMSINGAPORE – Binance Holdings, the world’s largest crypto exchange, sought to counter concerns about outflows by reiterating its position that user assets are underpinned by reserves while also flagging an absence of debt. Go to Source December 14, 2022 – 6:08 am / Twitter: @hoffeldtcom
The Straits Times Business News November 10, 2022 2:10 PMSINGAPORE – Singapore Life Holdings (Singlife), the insurer that has grown through acquisitions, is on the lookout for more assets to buy, particularly in the South-east Asian markets of Indonesia and Vietnam. Go to Source November 10, 2022 – 9:08 am / Twitter: @hoffeldtcom
The Straits Times Business News May 26, 2022 1:55 PMSINGAPORE (BLOOMBERG) – HSBC Holdings has been examining an initial public offering (IPO) of its Indonesian business to tap buoyant investor demand in the world’s fourth-most populous country. Go to Source May 26, 2022 – 9:02 am / Twitter: @hoffeldtcom
The Straits Times Business News December 24, 2021 5:00 AMHONG KONG • Tencent Holdings plans to distribute more than US$16 billion (S$22 billion) of JD.com shares to its investors as a one-time dividend, representing a near retreat from the Chinese e-commerce firm that has been one of Tencent’s most successful investments. Go to Source December […]Continue reading
The Straits Times Business News November 11, 2021 7:56 PMSINGAPORE – Singapore Press Holdings (SPH) shareholders must surely be pleased with the current offers for SPH shares. Keppel Corporation’s significantly improved and attractive final offer this week is a game changer, although the Cuscaden Peak cash offer will remain attractive to those who cannot wait […]Continue reading
The Straits Times Business News July 30, 2021 2:38 PMTOKYO (REUTERS) – Nomura Holdings, Japan’s biggest brokerage and investment bank, on Friday (July 30) reported a 66 per cent drop in first-quarter net profit due to a slowdown in the trading business and a previously flagged loss from the Archegos debacle. Go to Source July […]Continue reading
