Posts by Riah Marton
Pound hits more than two-year high, US dollar back under pressure
The pound climbed to its strongest level against the greenback in more than two years on Tuesday (Aug 27), and other major currencies also gained as a pause in rising oil prices helped investors reverse the previous session’s shift towards the dollar. Trade remained shaped by the prospect of upcoming US rate cuts, which has…
Read MoreJoe Jonas Denies He’s Going After Ex Sophie Turner in Post-Divorce Album – E! Online
Joe Jonas isn’t looking to do revenge. In fact, while his newest album Music for People Who Believe in Love is set to be his most personal yet, Joe says it was never intended to take aim at his now-estranged wife Sophie Turner, with whom he had a very public breakup in September. “It was…
Read MoreJD.com unveils US$5 billion share buyback as China concerns grow
JD.COM plans to buy back as much as US$5 billion of its shares, moving to appease investors worried about a potentially worsening Chinese consumer downturn. The company on Tuesday (Aug 27) outlined plans to repurchase its own stock from September through to August 2027. Its shares climbed more than 4 per cent in pre-market trading…
Read MoreCalgary Sun Letters to the Editor for Tuesday, August 27, 2024
Breadcrumb Trail Links Opinion Letters Published Aug 27, 2024 • Last updated 11 minutes ago • 2 minute read You can save this article by registering for free here. Or sign-in if you have an account. Protests at the University of Calgary end with a number of arrests in Calgary on Thursday, May 9, 2024. Jim…
Read MoreSingapore stocks add to gains on Tuesday; STI ticks up 0.1%
Gainers beat losers 264 to 249 across broader market, as 1 billion shares worth S$1 billion change hands SINGAPORE shares rose on Tuesday (Aug 27), as investors took stock of geopolitical movements. The Singapore Exchange’s benchmark Straits Times Index (STI) rose 0.1 per cent or 2.44 points to 3,398.47. On the local bourse, advancers outnumbered…
Read MoreMassive fires to hurt sugar output in top supplier Brazil
An unprecedented outbreak of fires that hit sugar cane fields in the world’s top exporter Brazil over the weekend is set to impact global supply of sweetener and elevate prices. The consequences could be bigger than those from a major frost that damaged sugar cane in Brazil in 2021, according to top trader Alvean. “The…
Read MoreSantander starts a 1.525 billion euro share buyback programme
SPANISH bank Santander launched a 1.525 billion euro (S$2.2 billion) share buyback programme on Tuesday (Aug 27) as part of its shareholder remuneration target of about 50 per cent underlying profit. The group’s distribution policy is split in roughly equal parts between cash dividends and share buybacks. In the first half of 2024 Santander booked…
Read MoreMAS review on equities market identifies new listings, liquidity, regulatory framework, governance among priorities
THE Monetary Authority of Singapore’s (MAS) new review group has identified priority areas for two workstreams amid its ongoing review of local equity markets. Called the Equities Market Review Group, the panel was set up earlier this month to recommend measures to aid in the development of equities in Singapore. It is chaired by Second…
Read MoreThese Secrets About Mary Poppins Are Sweeter Than a Spoonful of Sugar – E! Online
Are you ready for a supercalifragilisticexpialidocious trip down memory lane? Because even though the sound of it is something quite atrocious, Mary Poppins is marking its 60th anniversary Aug. 27. (Though, sorry, if you say it loud enough, you’re unlikely to sound precocious.) Produced by Walt Disney and directed by Robert Stevenson, the 1964 movie—starring legends…
Read MoreRothschild to boost India ECM, debt businesses as deals heat up
ROTHSCHILD plans to beef up its equity capital markets (ECM) advisory business in India and also provide debt advisory services amid the country’s dealmaking boom. The expansion plans at Rothschild follow a surge of initial public offerings (IPOs) in the Indian stock market, partly driven by some multinational companies seeking to unlock value from their…
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