The Business Times
Renald Yeo

Renald Yeo

JOURNALIST

Renald writes about banks for The Business Times. Before that, he tracked macroeconomic trends and SME struggles.

emailyrenald@sph.com.sg
There is 'a long way to go' in treating obesity and diabetes in Apac, says Jay Thyagarajan, senior vice-president for the Apac region at Novo Nordisk.
TOPLINE

‘Treating obesity for the next 100 years’: Ozempic-maker Novo Nordisk targets tripling of Apac patient base

By sales volumes for its GLP-1 drugs, the company’s largest markets in the region are Australia, Japan, South Korea and India

Cinema operator Golden Village has taken over the cinema space at Century Square.

FCT’s occupancy rises to 99.9% after new cinema tenants replace Cathay

This is up from 98.1% in the previous quarter ended Sep 30, 2025

Applicants seeking between 100,000 and 249,000 shares were the most successful, accounting for 38.3 per cent of the shares allocated.

The Assembly Place’s IPO 35.5 times subscribed ahead of Catalist debut

It raises net proceeds of S$10.8 million, from gross proceeds of S$18.3 million

Jumbo’s investment will be funded through internal resources and is not expected to have a material impact on the group’s performance.

Jumbo Group takes 20% stake in Xi’an restaurant joint venture

Its interest in the JV is worth 300,000 yuan

Revenue from the Reit’s flagship Suntec City property in Singapore is up 1.9% at S$136.1 million in the second half-year.

Suntec Reit DPU jumps 23.2% for H2 on stronger operational performance, lower financing costs

For the full year, the figure is 13.6% higher at S$0.07035

Both tranches are issued under the lender’s US$30 billion global medium-term note programme.

UOB’s Sydney branch prices A$2 billion in five-year notes

They comprise A$750 million in floating-rate notes and A$1.25 billion in fixed-rate notes

Investor attention has sharpened in recent days after long-term Japanese bond yields surged to multi-year – and in some cases multi-decade – highs.

Asian equities hold ground as Japan bond jitters ease; Wall Street up in early trade

Spillover from Japan’s debt market moves appear limited as regional investors turn to policy signals from Davos

The notes will mature on Jan 30, 2036

SIA prices S$500 million 10-year notes at 2.7% fixed rate

They will be offered in denominations of S$250,000

Precious metals are traditionally viewed as a safe-haven asset class during periods of geopolitical or market uncertainty.

Gold, silver hit fresh highs as Trump’s Greenland tariffs rattle European markets

In contrast, the US dollar – another traditional safe-haven asset – weakens

Under an SRT, a bank transfers a defined portion of the credit risk from a pool of loans to external investors.
BT EXPLAINS

What are significant risk transfers – and why is DBS reportedly considering them?

Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals

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