Corporate digest
UOB
UOB Bank said that it is in exclusive talks with Shandong Lucion Investment Holdings Group Co on a possible sale of its stake in Hengfeng Bank Co Ltd, China. Lucion is wholly owned by Shandong Provincial State-owned Assets Supervision and Administration Commission and Shandong Provincial Council for Social Security.
AIMS AMP
AIMS AMP Capital Industrial Reit (AA Reit) posted a drop in distribution per unit (DPU) to 2.55 Singapore cents for second-quarter 2018, down 7.3 per cent from a year ago. Gross revenue also fell 1.3 per …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines