Leadership
US: Wall St opens muted ahead of business activity data; geopolitical tensions in focus
Wall Street’s main indices had a subdued start on Friday (Nov 22) as investors awaited a business activity survey and monitored geopolitical tensions between Ukraine and Russia.The Dow Jones...
Trump’s return could extend US stocks’ dominance over global rivals
US stocks are extending their lead over global peers, and some investors believe that dominance could grow if President-elect Donald Trump can implement his economic platform without becoming mired...
Paragon Reit to divest its majority stake in Australian shopping mall for A$192 million
Trust holds an 85 per cent interest in property; remainder is held by listed fund manager MA FinancialPARAGON Reit Management, the manager of Paragon Real Estate Investment Trust (Reit),...
Global banks weigh halting fresh credit to India’s Adani after US indictment
Some global banks are considering temporarily halting fresh credit to India’s Adani Group but staying put with existing loans following US prosecutors’ indictment of its billionaire founder Gautam Adani...
S&P lowers outlook on three Adani units after US indictment of founder
S&P GLOBAL Ratings lowered its outlook on three Adani Group entities to ‘negative’ from ‘stable’ on Friday (Nov 22), citing risks to funding access following a US indictment of...
Asian LNG jumps to highest this year as European benchmarks rise
NORTH Asia spot liquefied natural gas (LNG) prices jumped to the highest level this year on increased competition from Europe for the heating and power plant fuel.The Japan-Korea marker,...
BP and partners to invest US$7 billion in carbon capture project in Indonesia’s Papua
BP AND partners said they would invest US$7 billion in a carbon capture project and gas field development in Indonesia’s easternmost Papua region that could unlock three trillion cubic...
Nissan to cut or transfer about 1,000 jobs in Thailand: sources
NISSAN Motor will cut or transfer about 1,000 jobs in Thailand as it shrinks production in South-east Asia, part of its recently announced global workforce reduction plan, two sources...
