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ASL Marine soars up to 9.3% on share placement; Yangzijiang Shipbuilding falls as much as 3.7% on port fees
[ad_1] [SINGAPORE] Shares of ASL Marine surged as much as 9.3 per cent on Tuesday (Oct 14), while those of Yangzijiang Shipbuilding tumbled up to 3.7 per cent as investors...
Asia: Stocks pare tariff-led losses, Tokyo hit by political turmoil
[ad_1] [HONG KONG] Most Asian stocks rose on Tuesday (Oct 14), tracking a rally on Wall Street, after US President Donald Trump tempered his rhetoric against China, which he has...
China plans zinc exports as global rally opens window for sales
[ad_1] Cash prices on the London Metal Exchange have surged above futures, signalling a growing shortage in western markets[SHANGHAI] Chinese zinc producers are preparing to sell the metal overseas, as...
Australia central bank to be cautious, data dependent on future policy
[ad_1] [SYDNEY] Australia’s central bank saw no need for an immediate cut in interest rates at its September policy meeting, given some stickiness in services inflation and steady employment, while...
Avanda launches Singapore fund seeking double-digit returns
[ad_1] Fund to focus on severely undervalued stocks, turnaround companies and ‘local champions’ with long-term promise[SINGAPORE] Local fund manager Avanda Investment Management is targeting an absolute return of up to...
Stocks to watch: Mapletree Logistics Trust, Keppel Reit
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 14): Mapletree Logistics Trust : The manager of Mapletree Logistics Trust on...
Samsung expects highest quarterly profit in over three years, lifted by AI chip demand
[ad_1] [SEOUL] Samsung Electronics on Tuesday (Oct 14) projected a 32 per cent rise in third-quarter operating profit from a year earlier, beating analysts’ estimates by far, as demand for...
Oil settles higher as US, China try to de-escalate trade tensions
[ad_1] The Organization of the Petroleum Exporting Countries has kept its relatively high global oil demand growth forecasts unchanged for this year and next[NEW YORK] Oil prices rose on Monday...
Goldman Sachs loses senior bankers after leadership reshuffles, dealmaking pause
[ad_1] Despite the departures, Goldman still tops Wall Street’s league tables for mergers and acquisitions [NEW YORK] Goldman Sachs has lost more than a dozen senior investment bankers this year,...
Indonesia considers further liquidity injection for state banks
[ad_1] Finance minister says government still assessing impact of 200 trillion rupiah liquidity boost for state banks[JAKARTA] Indonesia is considering injecting more liquidity into the country’s state banks, its finance...
US sanctioning China oil terminal threatens Sinopec run cuts
[ad_1] The overall impact on China’s crude demand should be short-lived as traders re-route cargoes to other ports[BEIJING] US sanctions on a key Chinese oil import terminal are redirecting crude...
Hong Kong’s bourse operator expands commodities business with Dubai unit
[ad_1] HONG Kong Exchanges & Clearing (HKEX) launched a new unit in Dubai to advance its commodities business, the exchange operator said on Monday (Oct 13).Commodity Pricing and Analysis Limited...