Financial Times

As at March 31, 2022, about 37% of GIC’s portfolio is in the US, three percentage points up from the 34% in the year before.

Seatrium is a customer of Petrobras, with billions of dollars in contracts secured.

The sales will reduce the Japanese conglomerate’s ownership of Alibaba to less than 4%, the paper said.

With a price of 0.25 Swiss francs a share to be paid in UBS stock, the offer is far below Credit Suisse’s closing price.

GIC has been doing so over the past year, according to the broadsheet’s sources.

The transaction is among the largest real estate deals in the UK since the Covid-19 pandemic struck.

NEW YORK (May 22): Brookfield Asset Management Inc. and Fortress Investment Group are among the bidders for a portfolio of 15 hotels owned by Anbang Insurance Group Co., according to people familiar with the sales process.

SINGAPORE (Nov 30): DBS Bank has been named Global Bank of the Year by The Banker, a publication of the Financial Times.

SINGAPORE (Sept 3): Fund managers are worrying that the worst has yet to come in Argentina’s peso crisis as big names in the bond market continue to take a beating, according to the Financial Times.