Category: Tech News

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Deutsche Bank hires 3 Credit Suisse wealth management executives in SE Asia push

Deutsche Bank Wealth Management said on Monday it has hired three executives from Credit Suisse to work across Southeast Asia as part of an ongoing expansion strategy for the region. Urs Brudermann, at Credit Suisse for the past 11 years and most recently as team leader for Thailand, joins Deutsche‘s wealth management arm as managing director and… Continue reading Deutsche Bank hires 3 Credit Suisse wealth management executives in SE Asia push

HSBC to buy Axa’s insurance assets in Singapore for $575m

HSBC said on Monday it had agreed to acquire Axa’s insurance assets in Singapore for $575 million, part of its broader strategy of scaling up its wealth management business in Asia and boosting fee income. The bank said in February it would invest $3.5 billion in its wealth and personal banking business in Asia, while… Continue reading HSBC to buy Axa’s insurance assets in Singapore for $575m

GIC unit backs ESR’s latest China logistics development platform

Hong Kong-based ESR Cayman Limited announced that it has partnered with Dutch pension fund manager APG Asset Management and RECO Investor, an indirectly-owned subsidiary of Singapore’s GIC, to launch a new logistics development platform in China. The ESR China Development Platform (ECDP) will have an initial equity commitment of $1 billion and invest in warehousing… Continue reading GIC unit backs ESR’s latest China logistics development platform

Clean Technica: Tess Goes To The Mechanic, & The EV Transition Gets Personal001171

Tim has looked after my two Hyundais and my classic Wolseley for the past 20 years. He has taken care of everything from regular servicing to rescuing me from the mountain when my automatic gearbox stopped working halfway up Cunningham’s Gap on the way to Warwick. I respect him and trust him. When I got… Continue reading Clean Technica: Tess Goes To The Mechanic, & The EV Transition Gets Personal001171

The Switch is the first console to sweep Japan’s game sales chart in 33 years

The Nintendo Switch isn’t struggling to compete against the PlayStation 5 on its home turf in Japan… far from it. Game Data Library, Axios and IGN report that every game on Famitsu‘s August 8th weekly Top 30 chart was a Switch title, ranging from Super Mario Maker 2 in 30th place to Minecraft at the… Continue reading The Switch is the first console to sweep Japan’s game sales chart in 33 years

Google might unveil the Pixel 5a on August 17th

More evidence has surfaced that the Google Pixel 5a might be right around the corner. Android Police has obtained what it says are repair shop photos (pictured below) of Pixel 5a parts that appear to confirm rumors swirling around the budget phone, including its release date. The device really would be a spruced-up Pixel 4a… Continue reading Google might unveil the Pixel 5a on August 17th

T-Mobile investigates claims of giant customer data breach

T-Mobile is grappling with yet another reported data breach. The carrier told Motherboard in a statement that it’s investigating an “underground forum” member’s claims that they’re selling data for over 100 million customers, including social security numbers and device IMEI numbers. While the scale of the breach hasn’t yet been verified, Motherboard has confirmed the… Continue reading T-Mobile investigates claims of giant customer data breach

Huawei accused of pressuring US firm into installing a data backdoor

Huawei is once again facing claims that it’s placing backdoors in networks. The Wall Street Journal reports that American contractor Business Efficiency Solutions (BES) has filed a federal lawsuit accusing Huawei of not only stealing technology, but pressuring the firm into installing a data backdoor for a law enforcement safer-cities project in Lahore, Pakistan. The… Continue reading Huawei accused of pressuring US firm into installing a data backdoor

Germany’s DEG joins Integra Partners’s $100m second fund as anchor investor

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading Germany’s DEG joins Integra Partners’s $100m second fund as anchor investor