Posts by Riah Marton
HILL: Smith government clings to resource revenue rollercoaster
Breadcrumb Trail Links Money News Alberta Opinion Columnists Published Sep 04, 2024 • Last updated 0 minutes ago • 3 minute read You can save this article by registering for free here. Or sign-in if you have an account. A dramatic sky is seen over two pumpjacks in rural Alberta. Getty Images/iStockphoto Article content According to…
Read MoreBursa Malaysia wants to ease institutions’ hold on stocks
MALAYSIA’S stock exchange is looking to loosen the grip of large domestic investors on the market to encourage more trading and attract foreign investors to the best performing bourse in South-east Asia. Kuala Lumpur’s US$262 billion stock market has risen 15 per cent in 2024 and is set for its strongest yearly performance in well…
Read MoreAbu Dhabi’s Adnoc kicks off long-stalled debut bond sale
ABU Dhabi state oil giant Adnoc kicked off its debut bond sale on Wednesday (Sep 4) that could raise up to US$5 billion more than two and a half years after it set up a debt-issuing entity and held investor meetings ahead of a potential sale. Abu Dhabi National Oil Company, through debt unit Adnoc…
Read MoreSurge in foreign bids for Japanese firms only just beginning, says BofA’s Komori
A SURGE in foreign takeover bids for Japanese firms is likely to accelerate, according to Bank of America’s (BofA) co-head of Japan investment banking, Yuta Komori. The rise in acquisitions has coincided with increasing appetite for growth among Japanese companies and declining resistance to partnering foreign firms, Komori said in a Sep three interview about…
Read MoreThe Truth About Kyra Sedgwick and Kevin Bacon’s Enduring 36-Year Marriage – E! Online
More than three decades deep into marriage with fellow actor Kevin Bacon, Kyra Sedgwick really has nothing to offer by way of guidance. Asked about the key to their 36-year union, she quipped on a…
Read MoreNvidia’s Jensen Huang loses US$10 billion in his biggest wealth wipeout
NVIDIA chief executive officer Jensen Huang’s wealth tumbled the most ever after a rout in chip stocks and a report that the US Justice Department (DOJ) sent the tech firm subpoenas as part of an escalating antitrust probe. Huang’s net worth slumped about US$10 billion to US$94.9 billion on Tuesday (Sep 3), the biggest single-day…
Read MoreCapitaLand Investment to more than double investments in India by 2028
CAPITALAND Investment (CLI) aims to more than double its funds under management (FUM) in India in the next four years, as the global real asset manager remains optimistic on the country’s economic growth. On Wednesday (Sep 4), CLI said the increase would contribute to the group’s global target of achieving S$200 billion in FUM by…
Read MoreVolkswagen goes head-to-head with workforce over proposed company cuts
VOLKSWAGEN (VW) management will face a tense and fearful workforce at a meeting in its headquarters on Wednesday (Sep 4) as it proposes painful cuts, including factory closures in Germany, to hit an ambitious profit target at its namesake brand. Chief financial officer Arno Antlitz and VW brand chief Thomas Schaefer will give speeches detailing…
Read MorePropertyGuru sinks deeper into the red with S$16.1 million Q2 loss
PropertyGuru sank deeper into the red in the second quarter ended Jun 30 with a net loss of S$16.1 million, widening from S$6.5 million recorded in the previous corresponding period. However, the group’s revenue for the second quarter rose 10.3 per cent to S$40.7 million, from S$36.9 million in the year-ago period. This came…
Read MoreElon Musk’s Starlink backs down, vows to block X in Brazil
Elon Musk’s satellite internet provider Starlink reversed course and said it would comply with an order by Brazil’s top court to block access to X, the billionaire’s social network, in Latin America’s largest country. Starlink, which had its bank accounts frozen by judicial order, had informally told Anatel, the country’s telecommunications watchdog, that it wouldn’t…
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