Volatile markets, higher raw material costs and possible US recession could hurt bottom lines CORPORATE Singapore enjoyed a sparkling first quarter despite the threat of a worldwide economic slowdown, spiralling inflation and a global credit crunch

TEMASEK Holdings has said it is ‘comfortable’ with its investment in a China property developer that is seeking funds after scrapping plans for an initial public offering (IPO). The Singapore investment company, along with Deutsche Bank ... , declined to disclose the size of Temasek’s investment in Evergrande. Any additional shares taken

Property developer CapitaLand is joining hands with Mubadala Development to invest in the property sector in Abu Dhabi ... -owned investment firm of the Abu Dhabi government. - CNA/ms Source : Channel NewsAsia - 21 Apr

The exodus continues at DBS Bank, with the bank losing yet another senior executive who is a member of its management committee, sources told BT ... this month, Agnes Chen, who heads DBS’s deposit, investment and insurance strategy businesses

As effects of US housing slump spread… Global slowdown could become wholesale collapse, warn analysts THE collapse of the housing bubble in the US is mutating into a global phenomenon, with real estate prices swooning from the Irish countryside and the Spanish coast to Baltic seaports and even parts of northern India