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Stocks to watch: Frasers Centrepoint Trust, Sinarmas Land, Creative, Econ Healthcare
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 19). Frasers Centrepoint Trust (FCT): The acquisition of Northpoint City’s south wing...
Bessent calls Walmart CEO after Trump lashes out over price hikes
[WASHINGTON] The US Treasury chief said on Sunday he had called Walmart’s CEO, a day after President Donald Trump blasted the company for hiking prices over his tariffs and...
Morningstar eyes growth through AI and public-private market convergence
[SINGAPORE] Investment research and management company Morningstar is strategically positioning itself to capture opportunities arising from the convergence of public and private markets.Having embarked nearly 10 years ago on...
Big Tech goes from stock market’s safest bet to biggest question
FOR most of the past decade, a handful of high-flying technology companies have pushed the US stock market to record highs and become cornerstones of investment portfolios. But that’s...
Greenback rises to fourth straight weekly gain on latest US economic data
THE dollar strengthened on Friday (May 16) after the latest round of economic data showed a rebound in import prices while consumer sentiment remained subdued as tariff worries jumped,...
Wanted: C-suiters and specialists to serve ultra-rich as they pivot to alternative assets
[SINGAPORE] As demand for alternative assets is heating up in Singapore, so too is the need to hire more staff versed in the field. Leading recruitment agencies saw more...
GXS’ acquisition of Validus’ Singapore business a sign of market validation
[SINGAPORE] The recent acquisition of small and medium enterprise (SME) lender Validus’ Singapore business is a sign of market consolidation and validation in South-east Asia.
To recap, GXS Bank acquired...
Healthcare S-Reits outperforming broader S-Reit market and sub-segments so far this year
HEALTHCARE S-Reits have been the top-performing Reit sub-sector this year, offering an average total return of 6.2 per cent against a 1.1 per cent decline in the iEdge S-Reit...
Binance, Kraken are said to have been targets of hacks
[PORTLAND] Binance and Kraken are among major crypto exchanges that have been targeted by the same type of social-engineering hack that was recently disclosed by Coinbase Global, according to...
Family offices added US stocks ahead of Trump’s ‘Liberation Day’
Published Sun, May 18, 2025 · 08:00 AM[LONDON] Investment firms for the world’s wealthy increased their stock bets ahead of US President Donald Trump imposing new tariffs that sent...
