Posts by Stephanie Irvin
Etiqa joins Income in extending goodwill insurance cover for Jetstar Asia travellers
[Singapore] Etiqa Insurance Singapore said on Monday (Jun 16) it will offer coverage to eligible customers affected by Jetstar Asia’s upcoming shutdown, following a similar decision by Income Insurance announced on Jun 12. While the shutdown of an airline’s operations is not typically covered under standard travel insurance policies, Etiqa said it will extend support…
Read MoreThai Airways exits debt restructuring plan with court approval
[BANGKOK] Thai Airways International won court approval to exit a debt restructuring programme, paving the way for resumption of trading in its stocks after a four-year gap. The Central Bankruptcy Court in Bangkok on Monday (Jun 16) granted the national carrier’s plea to emerge from the court-supervised debt rehabilitation. The airline successfully completed the restructuring…
Read MoreMalaysia’s oil giant Petronas looks abroad to help cut production costs
[KUALA LUMPUR] Petroliam Nasional (Petronas), Malaysia’s state-owned oil and gas company, is looking to expand output from more affordable assets abroad in an effort to cut production costs and rein in declining profits. Petronas, as the company is known, is seeking to produce oil at a break-even level of US$50 per barrel, from US$60 to…
Read MorePetronas looks abroad to help cut production costs
[KUALA LUMPUR] Malaysia’s state-owned oil and gas company Petronas is looking to expand output from more affordable assets abroad in an effort to cut production costs and rein in declining profits. Petronas is seeking to produce oil at a break-even level of US$50 per barrel, from US$60 to US$70 in the past five years, said…
Read MoreIndonesia bourse mulls extending trading window by one hour
The Indonesian stock market currently operates in a seven-hour window of 9.00 am to 4.00 pm Published Mon, Jun 16, 2025 · 11:06 AM [JAKARTA] Indonesia’s stock exchange will consider extending trading hours, in its latest effort to draw foreign investors to South-east Asia’s biggest economy after heavy sell-offs earlier this year. The local bourse…
Read MoreBank of Japan to weigh slowdown in bond buying cuts after volatility rises
[TOKYO] The Bank of Japan (BOJ) is set to consider whether to taper its bond purchases at a slower pace while also leaving its benchmark interest rate unchanged, in a decision that will be closely scrutinised by the bond market. All 53 BOJ watchers surveyed expect no change in the BOJ’s 0.5 per cent interest…
Read MoreStocks to watch: Suntec Reit, ESR Reit, Straits Trading Company, Fu Yu
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 16): Suntec Real Estate Investment Trust (Reit); ESR Reit: ESR Group, which is the sponsor of Suntec Reit and ESR Reit is expected to delist from the Hong Kong Stock Exchange on Jul 3 as its shareholders on…
Read MoreNavigating private credit – how it compares with T-bills and publicly issued bonds
[SINGAPORE] Private credit is rapidly gaining traction among retail investors as regulators around the world are giving these individuals more access to private markets in general. Private credit refers to a type of debt negotiated between non-bank lenders and companies that are often below investment grade and unlisted. The asset class flourished after the global…
Read MoreHedge funds reap cash from investors ‘starved’ of Japan exposure
[HONG KONG] Nick Bird’s OQ Funds Management opened a Japan quantitative hedge fund in September. Within weeks, it raised the maximum US$250 million and had to turn away additional money, the former Macquarie Group veteran said. Meanwhile, Sengu Capital’s hedge fund tapping improving corporate management in Japan has tripled assets to US$450 million after trading…
Read MoreBaltic Exchange Shipping Insights
Capesize The Capesize market displayed a steady yet nuanced performance this week, starting on a subdued note due to European holidays but gaining traction as the days progressed. In the Pacific, the C5 West Australia to China route saw persistent activity from all major miners, with fixtures gradually improving from sub $10.00 levels early in…
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