DIRS.INFO The most relevant business & tech news

☆ OUE REIT CEO discusses earnings and business outlook
▼ + stars: | 2024-07-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOUE REIT CEO discusses earnings and business outlookHan Khim Siew, CEO of the Singapore OUE Real Estate Investment Trust, says "we don't want to over-hedge at this point in time."

Persons: Han Khim Siew Organizations: Singapore, Investment Trust

☆ Malaysia emerges as a hotspot for semiconductor firms amid U.S.-China chip tensions
▼ + stars: | 2024-04-04 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +5 min

American chip giant Intel in December 2021 said it will invest more than $7 billion to build a chip packaging and testing factory in Malaysia, with production expected to begin in 2024. Malaysia holds 13% of the global market for chip packaging, assembly and testing services, said the Malaysian Investment Development Authority in a Feb. 18 report. Exports of semiconductor devices and integrated circuits increased by 0.03% to 387.45 billion Malaysian ringgit ($81.4 billion) in 2023, amid global chip demand weakness. Malaysia Semiconductor Industry Association president Datuk Seri Wong Siew Hai said many Chinese firms diversified some of their production to Malaysia, calling the country China's "plus one." In the same month, the world's largest contract chip maker TSMC opened its first Japan factory as it diversifies away from Taiwan amid U.S.-China tensions.

Persons: Faris Hadziq, Kenddrick Chan, Aik Kean Chong, Intel's, Tan, Yinglan Tan, Datuk Seri Wong Siew Hai, Zafrul Aziz, TSMC, Ann Lim Organizations: Getty, Malaysia, LSE, London School of Economics, Political, Semiconductors, Intel, CNBC, Infineon, Ventures Partners, Malaysian Investment Development Authority, Malaysian, Malaysia Semiconductor Industry, U.S ., U.S, China -, Partnership Locations: KUALA LUMPUR, MALAYSIA, Malaysia, Kuala Lumpur, South, East Asia, China, U.S, American, Penang, Another U.S, Singapore, Europe, Kong, GlobalFoundries Singapore, Klang, India, Japan, Taiwan, South Korea, Washington, Asia, China - U.S

☆ OUE commercial real estate portfolio should still see growth this year
▼ + stars: | 2024-01-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOUE REIT's commercial real estate portfolio in Singapore should still see some growth this year: CEOHan Khim Siew, CEO of OUE REIT says that while the commercial real estate market might be struggling globally, "Grade-A" offices in Singapore's CBD will continue to do well.

Persons: Han Khim Siew, OUE REIT Locations: Singapore, Singapore's

☆ Airbnb Appoints Ellie Mertz as New Chief Financial Officer
▼ + stars: | 2023-12-05 | by ( Walden Siew | ) www.wsj.com time to read: 1 min

Ellie Mertz has been with Airbnb for 11 years. Photo: AirbnbAirbnb on Tuesday appointed Ellie Mertz, an 11-year veteran of the short-term rental company, as its new chief financial officer. Mertz succeeds Dave Stephenson , Airbnb’s CFO since 2019, who was promoted to become the company’s chief business officer, a newly created role.

Persons: Ellie Mertz, Mertz, Dave Stephenson

European stocks (.STOXX) tumbled as much as 0.6% before clawing back some ground, with indexes in France (.FCHI) and Germany (.GDAXI) both posting losses. Thirty-year Treasury yields also rose above 5% for the first time since August 2007. Earlier, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) had fallen 1.3%, its second straight daily drop of over 1%. In commodity markets, the stronger dollar has helped put the brakes on oil prices and higher yields have weighed on gold. Reporting by Tom Wilson and Tom Westbrook; Editing by Simon Cameron-Moore and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Issei Kato, Sandrine Perret, it's, Mel Siew, Kit Juckes, Tom Wilson, Tom Westbrook, Simon Cameron, Moore, Mark Potter Organizations: U.S ., Nikkei, REUTERS, LONDON, Bank of Japan, Muzinich, Co, THE, Federal, Treasury, Brent, . West Texas, Thomson Locations: Tokyo, Japan, SINGAPORE, France, Germany, Unigestion, Asia, Pacific, Singapore

☆ Asia stocks slump as bond selloff spooks markets
▼ + stars: | 2023-10-04 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

The spike in Treasury yields lifted the dollar to new heights with only the yen showing some fight amid speculation the Japanese authorities might be intervening behind the scenes. The yen breached the 150-per-dollar level in the London afternoon on Tuesday before suddenly shooting to 147.3. There was no confirmation from Tokyo, where Japan's finance minister and top currency diplomat have made no direct comment on the move. In commodity markets, the stronger dollar has helped put the brakes on oil prices and higher yields have weighed on gold. Brent crude futures were last steady at $90.87 a barrel, having hit an 11-month high of $97.69 last week.

Persons: Issei Kato, it's, Mel Siew, Ryota Abe, Kit Juckes, Tom Westbrook, Jamie Freed, Kim Coghill Organizations: U.S ., REUTERS, Japan's Nikkei, Muzinich, Co, Sumitomo Mitsui Banking Corporation, New Zealand, Federal, Treasury, Brent, Thomson Locations: Tokyo, Japan, Asia, SINGAPORE, London, Pacific, Singapore, Taiwan, Malaysian

☆ Singapore c.bank bars 3AC founders from market activity
▼ + stars: | 2023-09-14 | by ( Chen Lin | ) www.reuters.com time to read: +1 min

A view of the Monetary Authority of Singapore's headquarters in Singapore June 28, 2017. REUTERS/Darren Whiteside/File Photo Acquire Licensing RightsSINGAPORE, Sept 14 (Reuters) - Singapore's central bank said on Thursday it has barred the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) from market activity in the city-state for nine years. The Monetary Authority of Singapore (MAS) said in a statement it had issued orders, which, effective from Sept 13, prohibit 3AC founder Zhu Su and Kyle Livingston Davies from performing any regulated activity and from managing any capital market services firms in Singapore. "Senior management of fund managers are required to implement robust risk management measures to protect the interest of investors," Loo Siew Yee, MAS Assistant Managing Director said. Representatives for Zhu and Davies could not immediately be reached for comment.

Persons: Darren Whiteside, cryptocurrencies Luna, TerraUSD, Zhu Su, Kyle Livingston Davies, Loo Siew Yee, Zhu, Davies, Kanupriya Kapoor Organizations: Monetary Authority, REUTERS, Rights, Arrows, British Virgin Islands, Monetary Authority of Singapore, MAS, Thomson Locations: Singapore, Rights SINGAPORE, British Virgin

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/5-things-cfos-should-know-about-generative-ai-49fb3b48

Persons: Dow Jones

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/personal-finance/interest-rates-investing-mortgage-banks-real-estate-debt-ca87c251

Persons: Dow Jones

☆ Insights on How to Be a Socially Conscious Company Today
▼ + stars: | 2023-08-10 | by ( Ben Ashwell | Walden Siew | ) www.wsj.com time to read: 1 min

Brunswick Group Senior Partner Lucy Parker speaks about the emerging political and social sensitivities around corporate stances on ESG during a virtual WSJ CFO Network Member Breakout. Many chief financial officers and corporate leaders have questions about how to navigate environmental and social issues in the wake of backlash against Target and Bud Light and continuing concerns about “greenwashing”—the practice of companies overstating their environmental policies. Lucy Parker, a senior partner at the Brunswick Group and co-author of a forthcoming book titled “The Activist Leader: A New Mindset for Doing Business” has some answers.

Persons: Lucy Parker, Bud Light Organizations: Brunswick, Target, Brunswick Group

☆ Sun bear: World's smallest bear finally has its time in the sun. But is that a good thing?
▼ + stars: | 2023-08-05 | by ( Heather Chen | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —The world’s smallest bear is finally having its moment in the sun – thanks to a viral video that sparked a conspiracy theory on Chinese social media. “With all the media attention surrounding the (sun bear videos) we have a good opportunity to further educate ourselves to save this species.”Taronga Zoo is not alone. A sun bear inside at the Vietnam bear rescue centre, in Tam Dao national park, Vinh Phuc, Vietnam, 09 July 2019. Cubs are especially cute and docile and can be easily tamed compared to bigger and more aggressive bears, said bear expert Dave Garshelis, chair of the IUCN SSC Bear Specialist Group. Will the viral videos actually help save these amazing bears?

Persons: Angela, ”, Wong Siew Te, Wong, Taronga zookeeper Logan Dudley, “, ” Afiqah Nasir, Bosco Chan, ” Chan, Minh Hoang, Dave Garshelis, Thomas Stamford, Garshelis, Shao Zhenzhen Organizations: Hong Kong CNN, CNN, Sun Bear Conservation Center, Taronga Zoo, Singapore Zoo, World Wildlife Fund, Cubs, IUCN SSC Bear Specialist Group, Thomas Stamford Raffles, Singapore Locations: Hong Kong, Hangzhou, China, Sabah, Malaysia, Southeast Asia, Sydney, Australia, Vietnam, Tam Dao, Vinh Phuc, British, Indonesia, Kuala Lumpur, Singapore

☆ Sterling takes a beating, dollar gains ground
▼ + stars: | 2023-07-20 | by ( ) www.cnbc.com time to read: +3 min

U.S. dollar bills, British GDP and Euro currency bank notes are pictured on September 27, 2022 in Bath, England. Sterling was struggling to recover from a sharp fall on Thursday following U.K. inflation data that undershot market expectations, while the dollar regained its footing after a steep decline last week that analysts said was overblown. "The market I think is a bit more reasonable now with its expectations for rate hikes by the BoE. "We thought (the fall) was too strong, so it looks like the dollar has regained some of those losses," said Capurso. The Japanese yen rose 0.1% to 139.56 per dollar, while the Australian dollar was last 0.16% higher at $0.6782, ahead of the country's employment data later on Thursday.

Persons: Sterling, BoE, Joseph Capurso, Yannis Stournaras, Mel Siew Organizations: Bank of England, Traders, Commonwealth Bank of Australia, Central Bank, U.S, Muzinich Locations: Bath, England, Asia, China

☆ Many investors are 'uber bearish' and thinking of exiting China, says investment firm
▼ + stars: | 2023-07-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMany investors are 'uber bearish' and thinking of exiting China, says investment firmThio Siew Hua of Lion Global Investors says China's growth is starting to slow down as the government "took their foot off the pedal" on stimulus "prematurely."

Persons: Thio Siew Hua Organizations: Lion Global Locations: China

The hectic pace of activity comes after private credit funds targeting Asia jumped 76% last year to a record $11.2 billion, driven by both regional and India-dedicated strategies, according to Global Private Capital Association. As large global sponsors continue to invest into multi-billion dollar Asia-focused credit funds such as Apollo, Blackstone and KKR, the Asian private credit industry is set for further boom, Robert Wright, partner in law firm Baker McKenzie, said. The string of new private credit funds come against the backdrop of startups facing the threat of having down rounds. Nevertheless, alternative financing such as private credit does not come cheap, industry experts warned. Private credit firms usually arrange loans, with assets secured, on a floating rate basis.

Persons: GPCA, Singapore's SeaTown, Europe's 21yield, Nicholas Mairone, Robert Wright, Baker McKenzie, SeaTown, Rakshat Kapoor, Camille Krejci, Parthiv Rishi, Sidley Austin, Siew Kam Boon, Yantoultra Ngui, Sumeet Chatterjee Organizations: Asia, SINGAPORE, Global Private Capital Association . Industry, Silicon Valley Bank, Blackstone, KKR, Reuters Graphics, Bain Capital, India's, Mahindra Bank, Hong Kong's ADM, SoftBank Investment Advisers, Reuters, Prosus NV, Thomson Locations: Asia, India, Singapore, United States, North America, Silicon, Pacific, Japan, Hong Kong

☆ Polaris guitarist Ryan Siew dead at 26
▼ + stars: | 2023-06-28 | by ( Jack Guy | ) edition.cnn.com time to read: +1 min

CNN —Australian metalcore band Polaris have confirmed the death of guitarist Ryan Siew at the age of 26. He loved great food in great company. “He loved music, more diversely than you could ever imagine, and spoke its language in ways that only the rarest among us do. Polaris went on to ask that people respect Siew’s family’s desire for privacy, and also to give the band and their team space to grieve. Polaris are preparing for the release of their latest album, “Fatalism,” on September 1.

Persons: Ryan Siew, Siew, “, ”, Harry Potter, Ryan, Siew’s Organizations: CNN, Polaris Locations: Australian, ”

☆ Alibaba tells investors its overhaul will make the business more 'agile' with market changes
▼ + stars: | 2023-03-30 | by ( Jihye Lee | ) www.cnbc.com time to read: +4 min

"We believe this will allow all of our businesses to become more agile, enhance their business decision-making, and respond faster to market changes," CEO Daniel Zhang told investors. "Alibaba Group will be in the nature of a holding company that is the controlling shareholder of the business group companies," Zhang said. When asked about the timeline of Alibaba's restructuring, Zhang said the "strategy and business planning for the business groups will commence immediately." CFO Tony Xu said separating Alibaba's entities would allow it to determine the performance of each business. "We believe that the market is the best litmus test so each business group company can pursue independent fundraising and IPOs as and when they are ready after going public," he said.

☆ People will still want to travel in the long term, says CapitaLand Investment
▼ + stars: | 2023-03-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeople will still want to travel in the long term, says CapitaLand InvestmentBeh Siew Kim, CEO of the real estate investment management company, discusses the outlook for the hospitality business and the changing habits of corporate travelers

☆ People will still want to travel in the long term: CapitaLand Investment's lodging division
▼ + stars: | 2023-03-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeople will still want to travel in the long term: CapitaLand Investment's lodging divisionBeh Siew Kim, chief financial and sustainability officer of the real estate investment management company, discusses the outlook for the hospitality business and the changing habits of corporate travelers

☆ Malaysia will benefit from U.S. chip export restrictions, says Malaysian industry association
▼ + stars: | 2022-10-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMalaysia will benefit from U.S. chip export restrictions, says Malaysian industry associationWong Siew Hai of the Malaysia Semiconductor Industry Association says countries like the Philippines and Indonesia have benefited from supply chain redistribution from China.

Search resuls for: "Siew"

19 mentions found