Singapore

Aberdeen reduced bank borrowings by £150 million

Aberdeen Asset Management PLC reported underlying profit before tax of £92.6 million for six months to 31 March 2010.

Aberdeen reduced bank borrowings by £150 million

Aberdeen Asset Management PLC reported underlying profit before tax of £92.6 million for six months to 31 March 2010.

UOB Asset Management awards fund administration to BNY Mellon Asset Servicing

BNY Mellon selected due to its robust global infrastructure capable of supporting administration needs in Asia.

DBS to invest $150mln in a Myo Capital fund

Lender eyes minority stake on fund to benefit from distressed debt, bonds, leveraged debt in Asia-Pacific.

SMX signs MoU with TOCOM for derivatives trading

Tokyo Commodity Exchange and Singapore Mercantile Exchange will explore co-operation and partnership for market reach expansion with the signing of a Memorandum of Understanding.

Algebris eyes opening of Singapore office

London-based Algebris Investments LLP is planning to open its office in Asia as growth in the region attracts investors.

Morgan Stanley posts $9.1 billion of net revenues

The reported number is a 33 percent rise from the end of the year.

SGX seeks comment on proposed rules

Singapore Exchange wants to know public view on planned acceptance of banks as securities trading members.

Asia Pacific investment activity rose by 37%

China developers' rush to close land deals as authorities tighten lending conditions pushes region's investments up.

BNP Paribas and Fortis Investments complete merger

The combined entity is now operating under the brand name BNP Paribas Investment Partners.

CapitaMalls establishes S$2bln EMTN Programme

The Euro-Medium Term Note Programme, established by CapitaMalls Asia Treasury Limited, will be unconditionally and irrevocably guaranteed by CapitaMalls Asia Limited.

DBS hires Morgan Stanley banker Tan Su Shan

Tan joins DBS as Managing Director and Head of Private Banking, succeeding DBS Hong Kong CEO Amy Yip.

Russell Investments appoints Edmund Teo as Regional Director Sales and Marketing

Company says Edmund’s experience will help meet expected business growth in the year ahead.

SGX to offer Nikkei Dividend Index Futures

New index aimed to meet investor demand and highlights 20-yr partnership between SGX and Nikkei. 

NUS launches Singapore Residential Price Index

SRPI will aid the analysis of price trends by offering a snap shot of the non-landed residential property market.

SMX to be launched in mid 2010

The Singapore Mercantile Exchange, the first Pan-Asian multi-product commodity derivatives exchange, will be launched in Singapore middle of this year.

Singapore Commodity Exchange to start trading gold

Singapore Exchange unit SICOM will begin trading its gold deferred settlement contract on 30 March 2010 to attract new investors.

SGX will offer Nifty options

Singapore Exchange has obtained licensing rights and expects to provide S&P CNX Nifty Index (Nifty) options and related products.