
Daily Briefing: Developers buoyed by Chinese demand; New A350 a game-changer for SIA
And Nomura, UOB said to bid for Barclays unit.
Amidst the lacklustre residential market in Singapore, the earnings of local developers have been boosted by strong sales in Chinas largest cities, reported Nikkei Asian Review. Read more here .
After a near ten-year wait, Singapore Airlines (SIA) (Singapore Exchange: SIAL-SG) has taken delivery of its first Airbus A350-900, which CEO Goh Choon Phong said would be a "game changer" for the flag-carrier. Find out more here.
Nomura Holdings Inc. and United Overseas Bank Ltd. are among the banks considering bids for Barclays Plc’s Singapore and Hong Kong private-wealth business, according to people familiar with the matter. Read more here.