The deal marks the first purchase for Hongkong Land’s Singapore Central Private Real Estate Fund, lifting the fund’s assets under management to $7.3 billion.
Asian property giant Hongkong Land to acquire Singapore’s 21-story building for $900M
Hongkong Land, one of Asia’s largest commercial property owners, will acquire Singapore’s Wheelock Place, a mix-used property, for about SGD1.1 billion (US$900 million).
Ant International Opens First Middle East Office in Saudi Arabia in Drive to Expand Regional Partnership
The Singapore-headquartered company aims to introduce cutting-edge financial and digitisation technology to support digital transformation for the business community in the region and beyond. Ant …
Ant International Opens First Middle East Office in Saudi Arabia in Drive to Expand Regional Partnership
The Singapore-headquartered company aims to introduce cutting-edge financial and digitisation technology to support digital transformation for the business community in the region and beyond. Ant …
HSBC commits to proprietary AI in Singapore as agentic treasury goes mainstream
HSBC AI Centre of Excellence in Singapore, announced July 27, 2026, will build proprietary agentic treasury AI systems using the bank’s own transaction data — at a moment when 52% of financial …
Indonesia faces test of central bank independence after governor’s shock exit
By Ankur Banerjee, Rae Wee and Gayatri Suroyo SINGAPORE, July 27 (Reuters) – Just as a fragile calm was returning to Indonesian markets, the abrupt resignation of the central bank chief has reignited …
Hong Kong Property Investor Gaw Capital Buys Prime Tokyo Mall For Over $1 Billion
Gaw Capital has formed a joint venture with Singapore’s Patience Capital Group to purchase and manage Tokyu Plaza Ginza. Gaw Capital Partners, the real estate private equity firm controlled by Hong …
Can Better Financial Advice Close Singapore’s Protection Gap? FWD Bets So
FWD Singapore and Ascend Asia have signed a long-term strategic partnership to expand insurance and investment access across retail, mass affluent, and high-net-worth segments.
HSBC sells Singapore insurance business to Germany’s Allianz in $2.09 billion deal
July 24 (Reuters) – HSBC said on Friday it will sell its Singapore life and health insurance business to Germany’s Allianz, in a deal valuing the unit at S$2.7 billion ($2.09 billion). The disposal is …
Indonesia’s plan for a Singapore rival starts to take shape
A new law lays the legal groundwork, but economists warn governance will decide the financial centre’s fate Indonesia wants to build a financial centre to rival Singapore, Hong Kong or Dubai, but …