News
Goldman Sachs’ profit jumps as traders deliver gains
[ad_1] [NEW YORK] Goldman Sachs reported a 15 per cent rise in first-quarter profit as market volatility led to record revenue in equities trading and boosted fixed income results.
The Wall...
Wilmar maintains innocence after Indonesian judges who acquitted it are arrested on corruption charges
[ad_1] [SINGAPORE] Wilmar International maintained its innocence after four judges who cleared it – as well as two other palm oil companies – in a corruption case related to obtaining...
Wilmar maintains innocence after Indonesian judges who acquitted it arrested on corruption charges
[ad_1] [SINGAPORE] Wilmar International maintained its innocence after four judges who cleared it – as well as two other palm oil companies – in a corruption case related to obtaining...
HPL jumps 5.5% after announcing that Ong Beng Seng will step down as managing director
[ad_1] [SINGAPORE] Shares of Hotel Properties Limited (HPL) rose on Monday (Apr 14) by over 5 per cent, following the company’s announcement that property tycoon and hotelier Ong Beng Seng...
Upgrading Paragon as part of a listed Reit
[ad_1] [SINGAPORE] As the local bourse waits for potential new real estate investment trust (Reit) listings to materialise, Paragon Reit, which went public in July 2013, might be delisted soon.The...
Asia : Stocks rise on electronics tariffs exemption, gold hits new high
[ad_1] [HONG KONG] Asian stocks rose on Monday as trade war fears were tempered by Donald Trump’s announcement of tariff exemptions for electronics, though the dollar weakened and safe-haven gold...
Companies getting ‘a bit tired’ of tariff chaos, DHL CEO says
[ad_1] [HONG KONG] Fatigue is setting in among companies and manufacturers trying to navigate US President Donald Trump’s whipsawing tariff moves, according to DHL Group chief executive officer Tobias Meyer.Meyer,...
Battered dollar steadies but investors brace for more tariff volatility
[ad_1] [SINGAPORE] The US dollar found some footing on Monday but was still near a three-year low after a bruising week that shook investor faith in the world’s reserve currency...
Gold dips as Trump eases trade tensions with tariff exemptions
[ad_1] [BENGALURU] Gold prices dropped on Monday (Apr 14) as US President Donald Trump eased trade tensions by granting tariff exemptions on smartphones, computers and other electronics primarily imported from...
Olam to divest remaining Olam Group assets to fund business reorganisation
[ad_1] [SINGAPORE] Olam Group will invest US$500 million equity into Olam Food Ingredients (ofi) within the next three months, while de-leveraging the remaining Olam group for progressive liquidation, as part...
Global funds hit pause on Indonesia after Prabowo policy changes
[ad_1] [MELBOURNE / LONDON] Indonesian President Prabowo Subianto’s attempt to engineer an economic renaissance is running up against a hard truth: Investors are not buying the vision he’s selling.Some of...
Asia, Europe, gold, private markets: Where investors can seek refuge as US exceptionalism is cast into doubt
[ad_1] [SINGAPORE] The turmoil and volatility in global financial markets, where trillions of dollars were wiped off US equities since “Liberation Day”, are leading investors to lean towards the idea...