SMFG, Nippon Life in talks to set up 500 billion yen private credit fund: sources

The fund will provide loans for leveraged buyouts and other areas such as real estate transactions and mezzanine financing

SpaceX is reportedly seeking a valuation at IPO of more than US$2 trillion.
MARK TO MARKET

SpaceX’s IPO may hold lessons for Singapore

When companies go public, their founders and managers should communicate a big vision rather than a plan to just deliver incremental gains

Group head of DBS Private Bank Joseph Poon (4th from right) at the Euromoney award ceremony.

Innovating and disrupting itself is what helped DBS win award for world’s best private bank

DBS is the first Asia-headquartered bank to land this recognition from Euromoney

With the new-design riders, you may need to tap more of your CPF Medisave account to cover a larger share of your hospitalisation bill.
MONEY MATTERS

A framework for thinking about the new Integrated Shield riders

Beyond understanding healthcare and insurance preferences, one should also have adequate emergency funds

Gold prices scaled record highs in January, which made the yellow metal a prime candidate for selling.

Reasons to be bullish on gold

It has suffered a sell-off amid the Middle East war, but the precious metal’s compass still points north

The Integrated Shield Plan market has struggled for years with rising premiums and poor profitability, as rising medical inflation and an ageing population have driven up claims.

Some IP insurers hike premiums of base plans for private hospital and A-class wards

This comes after launch of new, cheaper riders which do not cover deductibles, the latest effort to curb ‘buffet syndrome’

SGX made it compulsory for companies to disclose the exact remuneration of CEOs and directors in their annual reports for financial years ending on and after Dec 31, 2024
HOCK LOCK SIEW

Are CEOs paid too much? An NUS study offers insights that hopefully changes more than rules

Investors should look out for the shortcomings in remuneration practices highlighted by the study in the companies in which they own shares

The Dow may consolidate between 42,100 and 44,400 before developing any new trend behaviour, says the writer.
CHART VIEW

Finding markets’ floor

Markets slosh around with waves of money and can rise far higher or fall further than we can imagine

Mitsubishi Corporation is among the Japanese companies investing a venture-capital fund focusing on African startups.

Japanese investors back new VC fund targeting African startups

This comes as they battle a shrinking market and relatively low interest rates at home

The Fed will struggle to deliver the rate cuts that the market was anticipating before the Iran war. Even if it does, the market may “revolt” against the cuts by pushing up bond yields.

Markets expect global monetary policy to converge amid the Iran war

Central banks are likely to turn cautious and even hawkish as risk of stagflation looms