CGSI downgrades Delfi, cuts target price as high cocoa prices sour sentiment

CGSI downgrades Delfi, cuts target price as high cocoa prices sour sentiment

[ad_1] [SINGAPORE] CGS International (CGSI) has downgraded its recommendation on chocolate confectioner Delfi to “hold”, from “add” previously, and slashed its target price by more than 19 per cent to S$0.71. “We think weaker consumer sentiment, coupled with elevated cocoa prices and a weaker Indonesian rupiah against the US dollar, could pressure profitability in the…

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Latest Singapore six-month T-bill cut-off yield slides to 2.2%

Latest Singapore six-month T-bill cut-off yield slides to 2.2%

[ad_1] The auction received S$18.1 billion in applications for the S$7.5 billion on offer [SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.2 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday (May 22).  This declined from the 2.3 per cent cut-off yield offered in the…

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Goldman Sachs combines Asia investment banking units, names Drayton APAC head

Goldman Sachs combines Asia investment banking units, names Drayton APAC head

[ad_1] Published Thu, May 22, 2025 · 01:23 PM [HONG KONG] Goldman Sachs is bringing together previously separately-managed three Asian investment banking businesses into one unit to integrate its regional deals advice and capital market capabilities, according to a memo reviewed by Reuters on Thursday. Iain Drayton, currently head of investment banking, Asia excluding Japan, at Goldman Sachs, will…

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US accepts Qatar luxury jet as Trump’s new Air Force One

US accepts Qatar luxury jet as Trump’s new Air Force One

[ad_1] [WASHINGTON] The Defense Department formally accepted a luxury Boeing 747-8 jumbo jet from Qatar to temporarily serve as the new Air Force One for US President Donald Trump, one of the biggest foreign gifts ever given to the US government. The move fulfils Trump’s desire for a new presidential aircraft, after years of delays…

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‘The Pitt’s Tracy Ifeachor On Season 2 & Her Character’s Romantic Potential With Noah Wyle’s Dr. Robby: “Lots Of Surprises To Come”

‘The Pitt’s Tracy Ifeachor On Season 2 & Her Character’s Romantic Potential With Noah Wyle’s Dr. Robby: “Lots Of Surprises To Come”

[ad_1] While HBO Max‘s The Pitt readies itself for filming on Season 2, star Tracy Ifeachor teased what might be coming through the doors of the emergency department next, including what the breakout drama has in store for her character Dr. Collins, both romantically and professionally speaking. “Listen, there is going to be an amazing…

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JPMorgan is long-term in China despite pressure, Dimon says

JPMorgan is long-term in China despite pressure, Dimon says

[ad_1] [SHANGHAI] JPMorgan Chase chief executive officer Jamie Dimon said his firm is committed to long-term investments in China, despite tension between the governments of the world’s two biggest economies. “We’re a long term investor here,” he said in a Bloomberg TV interview at the lender’s Global China Summit in Shanghai. “Yes, there’s all…

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‘Chicago P.D.’ Boss Talks Voight’s Franchise-Shaking Actions & A Couple’s Happily Ever After

‘Chicago P.D.’ Boss Talks Voight’s Franchise-Shaking Actions & A Couple’s Happily Ever After

[ad_1] Spoiler Alert: The following reveals major plot points from tonight’s Chicago P.D.’s Season 12 finale. NBC‘s Chicago P.D. fans are in for a double treat tonight as the Season 12 finale addresses two major plot points left unresolved for two happily ever afters. Let’s start with Voight (Jason Beghe) and his tumultuous relationship with…

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Private credit funds target billions in retail demand from Asia

Private credit funds target billions in retail demand from Asia

[ad_1] [SINGAPORE] From Singapore to Japan and Australia, fund managers in Asia are looking to unlock billions of US dollars for private credit from the last untapped pocket: retail investors. Private capital firms once catered almost exclusively to institutions and ultra-wealthy clients who are able to stomach the high-risk and long-term nature of the investments.…

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