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News
Manager internalisation isn’t the solution to Stoneweg Europe Stapled Trust’s problem
10+ hour, 48+ min ago (157+ words) It should focus on ensuring its portfolio pivot boosts its DPS instead of wading into a potentially contentious overhaul [SINGAPORE] The announcement last week that Stoneweg Europe Stapled Trust (Sert) may internalise its managers did not grab much attention in…...
Money managers chase US$577 billion historic German pension shift
16+ hour, 11+ min ago (1291+ words) The country is moving away from conservative securities and insurance policies [FRANKFURT] One of the biggest reforms in Germany’s pension system since chancellor Otto von Bismarck founded it in the late 19th century is about to hand modern fund managers a…...
Financial planners urge investors to consider other options as T-bills yields lose steam
13+ hour, 21+ min ago (1124+ words) Investment advisers caution that more needs to be put into equities [SINGAPORE] With the yields on Treasury bills (T-bills) and Singapore Savings Bonds (SSBs) easing, some investment advisers are reminding investors to consider higher-yielding products. Many older Singaporeans are still…...
Singapore may be expected to tighten measures after US ‘transshipment scam’ report: economists
13+ hour, 21+ min ago (135+ words) MTI stresses that the Republic ‘takes trade compliance seriously’ [SINGAPORE] After being flagged in a US report on China’s “shadow transshipment network”, Singapore may be expected to take tougher measures on potential trade fraud, said economists. “Singapore may be asked…...
Alibaba’s Qwen hits 3 billion downloads, outpacing China and US AI rivals
15+ hour, 26+ min ago (443+ words) Download and derivative-model figures are one measure of influence in the US-China AI race ALIBABA Group Holding’s open-weight models have accumulated more than 3 billion global downloads in the past six months, eclipsing Meta Platforms, Alphabet and domestic peers to become…...
Money managers chase 500 billion euro historic German pension shift
16+ hour, 2+ min ago (1305+ words) The country is moving away from conservative securities and insurance policies [FRANKFURT] One of the biggest reforms in Germany’s pension system since chancellor Otto von Bismarck founded it in the late 19th century is about to hand modern fund managers a…...
Disney, Square Enix preview “Kingdom Hearts 4” video game at fan convention
16+ hour, 15+ min ago (472+ words) It will debut in 2027; four-minute trailer expands on 90 seconds of footage shown on Friday [ANAHEIM, California] Walt Disney and Japanese video game company Square Enix on Saturday (Aug 15) previewed the yet-to-be-released Kingdom Hearts 4 game as they celebrated the high-selling franchise’s…...
Hong Kong’s first-half air passenger traffic up 11.7%: Financial Secretary Paul Chan
16+ hour, 19+ min ago (247+ words) City is consolidating and enhancing its status as an international aviation hub, he adds HONG KONG’S airport passenger traffic jumped 11.7 per cent on year in the first half, as the Asian financial hub hosted a variety of events and attracted…...
Lithuania’s corgi racers run at their own pace
16+ hour, 21+ min ago (439+ words) Around 130 of the dogs from eight countries take part in the annual event in a wooded park in Vilnius [VILNIUS] Corgi owners waved toys, treats and even a broom on Saturday (Aug 150 to coax their dogs over the finish line…...
UOB Heartbeat Run raises S$1.4 million for 20,500 children in need
16+ hour, 51+ min ago (494+ words) The physical event will also be held in the bank’s key regional markets, benefiting 28 charities globally [SINGAPORE] The UOB Heartbeat Run 2026 raised around S$1.4 million to support more than 20,500 children in need and their families this year. The funds will be…...