S$3.9b Paragon acquisition seals CICT’s dominance in downtown retail, adds medical exposure

S.9b Paragon acquisition seals CICT’s dominance in downtown retail, adds medical exposure

Acquisition reinforces CICT’s stronghold as the largest owner of private retail stock in Singapore, may yield redevelopment potential on freehold parcel [SINGAPORE] The S$3.9 billion proposed acquisition of Paragon mall is set to cement CapitaLand Integrated Commercial Trust ’s (CICT) dominance along the Orchard Road shopping belt and downtown stretch, and also gives it a…

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Global cooperation on stablecoins critically important: BIS

Global cooperation on stablecoins critically important: BIS

Published Mon, Apr 20, 2026 · 01:37 PM [TOKYO] The head of the Bank for International Settlements (BIS) has made a renewed call for international cooperation on how stablecoins are used, describing it as vital to prevent severe market fragmentation. The central bankers’ central bank, as the BIS is known, has long raised concerns about…

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Singapore is procuring more LNG as Iran war cuts some supply

Singapore is procuring more LNG as Iran war cuts some supply

Before the conflict, about a fifth of global LNG went through the Strait of Hormuz Published Mon, Apr 20, 2026 · 12:21 PM [SINGAPORE] Singapore is getting additional liquefied natural gas (LNG) from outside of the Middle East, as the war in Iran chokes supply from the region, according to a government body. Singapore GasCo,…

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China to form brokerage with US$86 billion assets by merging firms

China to form brokerage with US billion assets by merging firms

Beijing is trying to develop its domestic investment banks to allow them to compete with global heavyweights Published Mon, Apr 20, 2026 · 12:03 PM TWO state-backed brokerages in Shanghai have unveiled plans to merge, creating a US$86 billion firm and advancing Beijing’s ambition to forge investment banks capable of competing with Wall Street’s elite.…

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Global brands see revival in China as retail nationalism cools

Global brands see revival in China as retail nationalism cools

The global success of Chinese brands has further eased defensiveness towards foreign labels Published Mon, Apr 20, 2026 · 07:49 AM SHANGHAI finance worker Mina Meng once spent thousands of US dollars at global retailers such as Nike and Estee Lauder, drawn by their quality and popularity. But she stopped abruptly five years ago, caught…

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Say ‘yes’ to that work stint abroad and roll with the challenges: Sun Life’s Jessica Tan

Say ‘yes’ to that work stint abroad and roll with the challenges: Sun Life’s Jessica Tan

The Singapore executive’s career has spanned the most dynamic growth cycles in recent decades [SINGAPORE] Sun Life president Jessica Tan built her career by going where growth was, even if it meant crossing continents and spending years abroad. That path, it happens, also aligns with Singapore’s push for more professionals to gain overseas experience. Tan told…

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