Edition:
United Kingdom

Anshuman Daga

Exclusive: Grab eyes Singapore banking licence as regulator studies virtual banks - sources

12 Jun 2019

HONG KONG/SINGAPORE Grab, Southeast Asia's most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with knowledge of the process said.

Singapore Exchange to boost derivatives, target Southeast Asia unicorns

06 Jun 2019

SINGAPORE Singapore Exchange Ltd (SGX) aims to add products to its lucrative derivatives business and offer Southeast Asian unicorns a platform to list shares and bonds, in a multi-asset strategy aimed at sustaining growth, its chief executive said.

Singapore Exchange to boost derivatives, target Southeast Asia unicorns

06 Jun 2019

SINGAPORE Singapore Exchange Ltd (SGX) aims to add products to its lucrative derivatives business and offer Southeast Asian unicorns a platform to list shares and bonds, in a multi-asset strategy aimed at sustaining growth, its chief executive said.

Blackstone in record $18.7 billion deal to buy U.S. warehouse assets from GLP

03 Jun 2019

SINGAPORE/BENGALURU Blackstone Group LP is buying U.S. industrial warehouse properties from Singapore-based logistics provider GLP for $18.7 billion, in what the companies billed as the largest private real estate transaction globally.

Morgan Stanley cuts about half a dozen Asian equities jobs: sources

29 May 2019

SINGAPORE/HONG KONG Morgan Stanley has cut about half a dozen equity sales, trading and research jobs across Asia as part of a global cost-cutting move, people familiar with the matter told Reuters on Wednesday.

Morgan Stanley cuts about half a dozen Asian equities jobs: sources

29 May 2019

SINGAPORE/HONG KONG Morgan Stanley has cut about half a dozen equity sales, trading and research jobs across Asia as part of a global cost-cutting move, people familiar with the matter told Reuters on Wednesday.

UPDATE 1-Morgan Stanley cuts about half a dozen Asian equities jobs -sources

29 May 2019

SINGAPORE/HONG KONG, May 29 Morgan Stanley has cut about half a dozen equity sales, trading and research jobs across Asia as part of a global cost-cutting move, people familiar with the matter told Reuters on Wednesday.

Asia's billionaires develop taste for boutique wealth managers

28 May 2019

HONG KONG/SINGAPORE Growing demand by Asia's rich for independent advisory services and access to a wide variety of investment products is spurring the surge of boutique wealth managers more associated with the established wealth hubs of Switzerland and London.

RPT-Singapore chases tech 'Jedi Masters' for Silicon Valley ambitions

27 May 2019

SINGAPORE, May 24 San Francisco-based investor Paul Bragiel said he needed to be asked three or four times before he accepted an invitation from Singapore to come check out its tech scene.

Singapore chases tech 'Jedi Masters' for Silicon Valley ambitions

24 May 2019

SINGAPORE San Francisco-based investor Paul Bragiel said he needed to be asked three or four times before he accepted an invitation from Singapore to come check out its tech scene.

World News

Iran shoots down U.S. military drone in Gulf region

Iran on Thursday shot down a U.S. military drone that it said was flying over one of its southern provinces on the Gulf, increasing fears of military conflict as Washington seeks to isolate Tehran over its nuclear and regional activities.