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Bloomberg
Funds
China rally is just an opportunity to sell for many global funds
The nascent rebound in Chinese shares is at risk of becoming yet another false dawn.
August 04, 2023
New appointments
GoTo CEO Soelistyo to step down; Walujo named successor
He will be replaced by Patrick Walujo, managing partner of private equity firm Northstar Group.
June 08, 2023
Deals, joint ventures & alliances
Peter Lim’s Thomson Medical eyes Vietnam FV Hospital deal
Thomson Medical Group beat out the other interested candidates to remain in the bidding, people with knowledge of the matter said.
June 08, 2023
Aviation & Engineering
Global airline profit estimate jumps to US$10 bil in 2023
Losses at Asian carriers though are expected to be US$6.9 billion in 2023, almost half 2022 estimates.
June 05, 2023
Investing ideas
Emboldened Keppel hikes AUM target to $200 bil
According to Bloomberg’s compilation of sell-side calls, eight of the analysts tracked have either a “buy” or equivalent call.
April 27, 2023
Banking & finance
Japanese banks must learn to lure Southeast Asia's youth
Going abroad is easier than making a go of a business overseas; the Japanese may need to emulate a family-run Singapore bank.
December 07, 2022
Company in the news
Musk revives US$44 bil Twitter bid, aiming to avoid trial
For Twitter, proceeding with Musk’s plan augurs a future under a mercurial billionaire.
October 05, 2022
Tourism
Singapore grabs big events as travel revival attracts crowds, Hong Kong left behind
Major events planned for later this year include the Shangri-La Dialogue and the Global Health Security Conference.
June 02, 2022
Climate change
IPCC's urgent call for climate action may increase credit risks: Moody's
“Existing fossil fuel assets, like infrastructure, unburnt reserves and new investments, are at high risk of becoming stranded.”
April 07, 2022
Sustainability
Singapore's nuclear power potential depends on unproven designs
Last month, a report said next-generation nuclear or geothermal technology could make up 10% of Singapore's energy mix.
April 04, 2022