SINGAPORE – You must be clear about the terms and details of any investment you are embarking on and be aware of the hit you …
Wealth adviser banks on knowledge, diversification
You must be clear about the terms and details of any investment you are embarking on and be aware of the hit you might take …
Tech firms lift markets but won’t save the day
One of the most perplexing phenomena last year has been the performance of stock markets. Unperturbed by more than 60 million confirmed cases of Covid-19 …
US stocks end mostly lower on grim Covid-19 news
NEW YORK (AFP) – Wall Street stocks finished mostly lower on Friday (Jan 22) as investors grappled with worries over new coronavirus strains while confidence …
CDL expects material impairment loss on investment in Sincere Property
City Developments Limited (CDL) expects to make provisions for a material impairment loss on its Sincere Property stake given the “ongoing unprecedented challenges” facing China’s …
Bitcoin slumps further, raising concerns over boom
HONG KONG • Bitcoin slumped below US$30,000 yesterday, extending a retreat from an all-time high set just two weeks ago and stoking fresh questions about …
HDB resale prices climb 5% in 2020, as sales hit 8-year high
The Housing Board resale market ended 2020 on a strong note, with flat prices edging up in many locations and buyer demand remaining buoyant despite …
S’pore prime office rents fall at smaller rate of 3.5% in Q4
Prime office rents in Singapore fell 3.5 per cent in the fourth quarter of last year over the previous three months, a smaller rate of …
Yellen leaves door open to tax increase on wealthy Americans
WASHINGTON (BLOOMBERG) – US Treasury Secretary-designate Janet Yellen said she would work with lawmakers to fast-track a series of tax increases on corporations and wealthy …
Bitcoin drops below US$30,000 as head-turning rally stalls
HONG KONG (BLOOMBERG) – Bitcoin fell below US$30,000 (S$39,689) as it continues to retreat from the record highs reached during a furious rally over the …
Elon Musk says he will give US$100 million for carbon capture prize
NEW YORK (BLOOMBERG) – Elon Musk said he plans to donate US$100 million (S$132 million) towards a prize for the best carbon capture technology, weeks …
US dollar slides for third day on economic data, Biden stimulus expectations
NEW YORK (REUTERS) – The US dollar fell for a third straight session on Thursday (Jan 21), with investors seeking out higher-yielding currencies, as a …
CDL flags ‘material impairment loss’ on Sincere Property investment
SINGAPORE (THE BUSINESS TIMES) – City Developments Limited (CDL) is expecting to make provisions for a material impairment loss on its investment in Sincere Property, …
Singapore trading platform iSTOX raises $66m in round led by Japanese state-backed firms
SINGAPORE (REUTERS) – Trading platform iSTOX, backed by Singapore Exchange and other companies, is raising $50 million (S$66 million) from a group of investors led …
CapitaLand Integrated Commercial Trust Q4 DPU falls 15.4%
SINGAPORE (THE BUSINESS TIMES) – CapitaLand Integrated Commercial Trust (CICT) on Thursday posted a distribution per unit (DPU) of 2.63 Singapore cents for its fourth …
Chinese electric car maker BYD raises $5.1 billion in upsized share sale
NEW YORK (BLOOMBERG) – BYD, a Chinese electric-vehicle manufacturer backed by Warren Buffett, raised HK$29.9 billion (S$5.1 billion) from an upsized sale of its Hong …
Japan exports post first annual gain in two years in December
TOKYO (REUTERS) – Japan’s exports rose for the first time in two years in December on the back of shipments to China, government data showed, …
South Korea January 1-20 exports expand 10.6%, sharper than in December
SEOUL (REUTERS) – South Korean exports grew at a much sharper pace in the first 20 days of January, customs agency data showed on Thursday …
The Executive Talk: PTT Global Chemical PCL (SET:PTTGC)
BANGKOK, Jan 20, 2021 – (ACN Newswire) – PTT Global Chemical PCL (SET:PTTGC) Chief Executive Officer, Dr. Kongkrapan Intarajang discusses the company’s strategy and outlook in The Executive Talk …
Greenbriar Is Providing Montalva Update
Coquitlam, British Columbia, Jan 18, 2021 – (ACN Newswire) – Greenbriar Capital Corp. (TSXV: GRB) (OTC Pink: GEBRF) (“Greenbriar”) is pleased to announce that on January 20th, 2021, a …