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Tips for wealthy property families seeking to pass ownership of empires through multiple generations
Applying lessons from Geneva’s Pictet family  Source link
Uniqlo’s owner boosts new graduate pay as Japan faces inflation
UNIQLO owner Fast Retailing will raise base salaries for new graduates in Japan by as much as 12 per cent, stepping up efforts to secure and retain talent as...
Oil up on news the US intercepted an oil tanker off Venezuela
[SINGAPORE] Oil prices rose on Monday (Dec 22) after officials said the US had intercepted an oil tanker in international waters off the coast of Venezuela, raising fresh supply...
China leaves benchmark lending rates unchanged for seventh month in a row in December
[SHANGHAI] China left benchmark lending rates unchanged for the seventh consecutive month in December on Monday, matching market expectations.The one-year loan prime rate (LPR) was kept at 3.00 per...
Li Ka-shing is remaking his empire as a generational shift looms
[HONG KONG] Li Ka-shing and his family set in motion a series of deals this year that stand to completely transform his business empire.The Hong Kong billionaire’s flagship conglomerate,...
Seatrium, Maersk vessel contract dispute resolved with US$360 million payment
[SINGAPORE] Offshore, marine and energy specialist Seatrium announced on Monday (Dec 22) that it has reached an agreement with a buyer, Maersk Offshore Wind’s affiliate Phoenix II, for the...
Singapore market reforms may lift sentiment in 2026 despite geopolitical, trade uncertainty
Investors should focus on companies with credible and clearly stated plans to drive shareholder value[SINGAPORE] Back in early June, I mentioned feeling a tinge of seller’s remorse after liquidating...
Emerging markets bring high hopes for 2026 after stellar year
This year’s capital rush into the sector is a sign more investors are allocating to a sector that’s been out of favour after years of lacklustre performance[LONDON] Emerging markets...
AI model developer MiniMax passes Hong Kong stock exchange listing hearing
CHINESE artificial intelligence (AI) startup MiniMax has passed a Hong Kong stock exchange listing hearing, according to a stock exchange filing on Sunday (Dec 21), with sources having earlier...
Record US$350 billion deals boom fuels upbeat M&A outlook in Japan
Corporate governance reforms aimed at improving shareholder returns are helping to transform the country into a hive of activityIT HAS been a record year for deals involving Japanese companies,...
Morgan Stanley seen as front-runner for SpaceX IPO: sources
[NEW YORK] Morgan Stanley is emerging as a leading contender for a key role in SpaceX’s blockbuster initial public offering (IPO), as the bank’s close ties to CEO Elon...
Elon Musk becomes first person worth US$700 billion following pay package ruling
TESLA CEO Elon Musk’s net worth surged to US$749 billion late Friday (Dec 19) ‍after ​the Delaware Supreme Court reinstated Tesla ‍stock options worth US$139 billion that were voided...