LSEG first-half income rises 5.4%, progress on Microsoft joint venture

LSEG first-half income rises 5.4%, progress on Microsoft joint venture

LONDON Stock Exchange Group (LSEG) reported first-half income above analysts’ expectations on Thursday (Aug 1), helped by progress with its Microsoft joint venture, as well as a rise in annual subscription value, an indicator of customer retention. LSEG, which suffered outages in February and this month, said its partnership with Microsoft is “approaching commercialisation” as…

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Latest Singapore 6-month T-bill cut-off yield falls to 3.4%

Latest Singapore 6-month T-bill cut-off yield falls to 3.4%

THE cut-off yield on the latest Singapore six-month Treasury bill (T-bill) slid to 3.4 per cent, based on auction results released by the Monetary Authority of Singapore (MAS) on Thursday (Aug 1). This was a 0.24 percentage point drop from the 3.64 per cent offered in the previous six-month auction, which closed on Jul 18.…

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August rate cut on track as Philippine inflation may peak

August rate cut on track as Philippine inflation may peak

THE Philippine central bank may still be on track to slash its key interest rate by at least a quarter percentage point in August amid expectations inflation would peak this month, according to governor Eli Remolona. “I think Aug 15 is still a possibility. Of course, it will depend on the numbers,” he told reporters…

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Singapore listcos’ scores dip slightly on governance and transparency index; Sats takes top spot

Singapore listcos’ scores dip slightly on governance and transparency index; Sats takes top spot

Big-cap companies with market capitalisations over S$1 billion outperform mid and small-cap companies The performance of Singapore-listed companies and trusts dipped slightly on the annual Singapore Governance and Transparency Index (SGTI) compared with the year before, after the index’s framework was revised this year to emphasise sustainability disclosures. The index ranks Singapore Exchange-listed companies on…

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