Broaden diversification and implement a more detailed correlation analysis for enhanced resilience, Nuveen suggests
Post-Great Moderation, institutional investors face a new landscape, and the principles guiding past strategies need reassessment. Heightened macroeconomic and geopolitical uncertainties necessitate a robust approach to diversification and risk management. Fiscal and monetary policy dynamics are changing, ...

637,000 US$ Class A RPS and 100,000 S$ Class A RPS has been announced for US$100 and $100 respectively per share.
The board of directors of Vertex Ventures has issued and allotted two additional classes of redeemable preference shares — 637,000 US dollar Class A redeemable preference shares and 100,000 Singapore dollar Class A redeemable preference shares. 
Vertex is a subsidiary of T...

John Witt will succeed Benjamin Keswick on Aug 2. Keswick has spent 12 years as chairman of JC&C.
Jardine Cycle & Carriage Limited has appointed John Witt as the new chairman of the group, following the announcement of the retirement of Benjamin Keswick on Aug 2. 
Keswick has spent over 12 years as chairman of JC&C, and will also step down as a non-executive director, and cease to...

Paying commissions worth two to three months of rent is the new norm, up from just one month several years ago.
Hong Kong’s billionaire landlords are paying agents larger commissions for bringing in office tenants as developers struggle to fill empty commercial space in the Asian financial hub.
Paying commissions worth two to three months of rent is the new norm, up from just one month several years ago, according to real estate age...

Singaporeans
According to a Tiger Brokers’ press release, the company now has 10 million users globally. Since setting up its HQ in Singapore in 2020, Singaporeans traders now represent the largest share of the group’s total funded clients. Over half of monthly trading clients hail from Singapore, making it the most active region, surpassing Hong Kong, the US, Australia and New Zealand. Tiger Brokers has se...

CGS, Citi and DBS analysts have all kept their “buy” and “add” calls, and DBS raised its TP to $2.75.
Analysts are positive on Yangzijiang Shipbuilding after the announcement of a new yard investment of about 1,300 mu, or 866,671 sqm of land in Jiangsu Province on July 15. 
The shipbuilding group plans to invest about RMB3 billion ($550 million) in capital expenditures over the next two years to complete this p...

This is in line with slump in funding trend, as Singtel and KKR’s $1.75 bil investment into STT emerged as biggest funding round.
Global venture capital (VC) funding decreased both in deal value and volume in 2Q2024, according to new data from S&P 500 Global Market Intelligence on July 16. This is in line with the ongoing trend of a slump in funding as investors remain cautious amid economic uncer...

For AI to meet expectations, firms must focus on cleaning their data, eliminating silos, and ensuring a holistic view of customers
2024 was predicted to be the year that businesses harness generative AI to deliver greater productivity, strengthen customer relationships and drive higher margins.
Yet, the reality tells a very different story. Recent studies show that, in most cases, generative AI adoption among corporations has not gone far...

This makes it the second largest ecommerce platform in Southeast Asia, while Shopee stays ahead with US$55.1 bil GMV.
TikTok Shop emerged as the second largest ecommerce platform in Southeast Asia, after it nearly quadrupled its annual gross merchandise value (GMV) to US$16.3 billion ($21.91 billion) in 2023. This is according to a new report by Singapore-headquartered venture builder and insights research f...

Vance, 39, is nearly four decades younger than Trump, 78. Powell says data raise confidence inflation on path to 2%.
Stocks rose as wild volatility calls failed to materialize after Donald Trump’s assassination attempt bolstered his chances of taking over the White House. He tapped JD Vance as his running mate.
The Dow Jones Industrial Average hit an all-time high. Trump Media & Technology Group Corp. soared 31%. Conservative video-sharing platf...