UK

The Shard, London

Property

Asian investors drive UK property sales up higher than ever

SINGAPORE (May 3): 1Q17 real estate transaction volumes in the UK have hit their highest level since 2015, driven by Asian investors whose confidence remains undeterred even in the face of uncertainties regarding Brexit.

Lian Beng, Heeton, KSH, Ryobi Kiso to build Hilton hotel in Leeds

SINGAPORE (April 7): It was just on Thursday that the share prices of KSH Holdings, Lian Beng Group and Heeton Holdings and Oxley Holdings soared on news that China's latest Special Economic Zone (SEZ) in Hebei province will be located next to their j

Tech

UK tells WhatsApp to open up to intelligence services

LONDON (March 27): UK Home Secretary Amber Rudd said Facebook Inc.’s WhatsApp messaging system should open its encryption to security services and urged online companies to be more aggressive in shutting down sites exploited by terrorists.

UK spies knew London terrorist’s record of crime and extremism

LONDON (March 24): The terrorist behind the worst attack on London in more than a decade had a string of convictions for violence and was once investigated by British intelligence over concerns he was turning to extremism.
JP Morgan Chase & Co.

Brexit

Goldman, Morgan Stanley signal London job moves ahead of Brexit

LONDON/NEW YORK (March 22): Senior Goldman Sachs Group Inc. and Morgan Stanley executives said they’re preparing to shift staff and operations from London to elsewhere in the European Union as Prime Minister Theresa May sets up the UK’s exit from

ZICO subsidiary launches flagship online legal services platform

SINGAPORE (Feb 16): ZICO Holdings on Thursday launched an online legal services platform through its newly-acquired subsidiary, ShakeUp Online Sdn. Bhd.

Results

Informatics Education narrows 3Q loss

SINGAPORE (Feb 8): Informatics Education has reported a smaller net loss of $1.1 million for 3Q17, compared with a net loss of $1.4 million in 3Q16.

CityDev to buy Ransomes Wharf site for $104 mil

SINGAPORE (Feb 2): City Developments is acquiring from Curatus Trust the freehold Ransomes Wharf site at Battersea London for £58 million ($103.7 million) in an exchange of contracts.

Results

GL posts 52% earnings decline in 1H17 on lower sales

SINGAPORE (Jan 19): GL has reported earnings of US$24.6 million ($35 million) for 1H17, a 52% decrease from the US$51.3 million earnings in 1H16.

Brexit

May ready to announce Britain will leave EU single market

(Jan 17): The UK is likely to pull out of the European Union’s single market for goods and services and seek a completely new trading relationship with the bloc, Prime Minister Theresa May will say Tuesday as she sets out her plan for Brexit.
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