Business
Prudential mulls listing of its Indian joint venture ICICI Prudential Asset Management
BRITISH insurer Prudential is evaluating a potential listing of its Indian joint venture, ICICI Prudential Asset Management, which will…
Tag
Management
Business
Coty’s Sales Decline in Q2 Amid Weak Demand in Asia and Tight Inventory Management Despite Strong Fragrance Performance
The fragrance effect that has boosted Coty for the past year was not enough to offset a trio of weak demand in Asia, FX headwinds and a…
Business
FTI Consulting now in acting management of scandal-hit Indonesian unicorn eFishery
The move ‘aims to facilitate a thorough and objective business review to determine the best path forward for the group’, says eFishery’s…
Business
Scandal-hit unicorn eFishery ropes FTI Consulting into acting management team
The move ‘aims to facilitate a thorough and objective business review to determine the best path forward for the group’, says eFishery’s…
Business
Vibrant Group wins suit against former Blackgold management
Justice Valerie Thean rules in its favour, awarding damages and fees to the group VIBRANT Group has won its civil suit against Peng Yuguo,…
Business
Charles Schwab’s fourth-quarter profit soars on higher asset management fees
BROKERAGE firm Charles Schwab said on Tuesday (Jan 21) that its profit rose 44 per cent in the fourth quarter driven by a jump in asset…
Business
Apollo weighs 1.5 trillion yen stake in Seven & i management buyout
APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese…
Fashion
Soutein Management Consultant Announces Groundbreaking AI-Powered Risk Management Software
Dubai, UAE: With the formal introduction of its state-of-the-art AI-powered risk management software, Soutein Management Consultant is…
Fashion
Dasin Retail Trust to terminate remaining mall management agreements
DASIN Retail Trust will not be renewing commercial and property management agreements for four of its properties – Shiqi Metro Mall,…
Business
UBS reorganises US wealth management unit in growth push
UBS Group made organisational changes to its wealth-management unit in the US as it seeks to lift profitability in a market that’s central…
Culture
Newmont cuts management jobs in major corporate restructuring
NEWMONT let go of nearly a dozen managers, including a member of its executive team, as part of a sweeping corporate overhaul, according…
Business
Russian money ‘not our business’, says StanChart CEO Bill Winters, as bank doubles down on wealth management
The bank aims to attract US$200 billion in new assets over the next five years, expand relationship-manager team by 50% by 2028 STANDARD…
Business
A*Star, thermal management company KoolLogix unveil joint lab to develop data centre cooling solutions
It will focus on developing and testing heat removal technologies for data centres that are driven by artificial intelligence and graphic…
Business
A*Star, thermal management company KoolLogix unveil S$8 million joint lab
It will focus on developing and testing heat removal technologies for data centres that are driven by AI and graphic processing units THE…
Culture
Nine Volkswagen plants on strike as worker rift with management deepens
WORKERS at nine Volkswagen car and component plants across Germany started two-hour strikes on Monday (Dec 2), bringing assembly lines to…
Business
CLI to invest up to A$1 billion to grow funds under management in Australia
CAPITALAND Investment (CLI) will commit up to A$1 billion (S$878 million) to grow its funds under management (FUM) in Australia, said the…
Business
Singtel makes senior management changes, appoints new chief corporate officer
THE telco’s Singapore deputy chief executive Anna Yip, 54, will relinquish her role to lead the business development function, which will…
Business
Redefining waste management for a greener Singapore
ENVIRONMENTAL services firm Chye Thiam Maintenance (CTM) made headlines in 2024 when it unveiled plans to deploy Singapore’s first…
Business
DBS share buyback raises questions on capital management as counter hits all-time high
The buyback follows the move by Singapore’s largest lender to issue bonus shares in February to return capital to shareholders DBS has…
Business
Sembcorp Industries to sell waste management unit to Indonesian energy company for S$405 million
ENERGY and urban development company Sembcorp Industries on Friday (Nov 8) announced that it intends to sell its wholly owned unit…
Business
Soros Fund Management to shut Hong Kong office in rejig
SOROS Fund Management, founded by billionaire George Soros, plans to shut its Hong Kong office as part of an administrative…