Leadership
Aberdeen extends Clint deemed interest to 6%
OVER the five trading sessions from Jul 11 to 17, institutions were net buyers of Singapore stocks, with net institutional inflow of S$113 million adding to the S$94 million...
Ultra-rare metal rides AI boom as star performer among commodities
[SINGAPORE] Thanks to the boom in artificial intelligence (AI), an ultra-rare element that you’ve probably never heard of is one of this year’s best-performing raw materials.Ruthenium, a silvery grey...
Cathay cinema survived a world war, but there may not be a sequel for the icon
[SINGAPORE] Cathay cinema could face its final curtain call after 85 years, as streaming and shifting consumer patterns deal a fatal blow to theatres around the world. mm2 Asia...
BHP delays Jansen potash project as costs surge; logs record copper output
[BENGALURU] BHP Group flagged delays and cost overruns of about 30 per cent for its key Jansen Stage 1 potash project on Friday (Jul 18), even as the miner...
Seven & i risks becoming buyout target again if turnaround fails
[TOKYO] Even after fending off Alimentation Couche-Tard’s unsolicited 6.77 trillion yen (S$58.5 billion) takeover approach, Seven & i Holdings remains a buyout target in the eyes of some investors,...
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
[NEW YORK] Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest rates at the end of...
China threatens to block Panama ports deal unless its shipping giant gets stake: report
Chinese officials have told BlackRock, MSC and Hutchison that if Cosco is left out of the deal, Beijing would take steps to block Hutchison’s proposed sale of the portsPublished...
Europe: Shares see first daily gain in five on strong earnings
[BENGALURU] European shares snapped a four-day losing streak on Thursday (Jul 16), boosted by gains in industrials ABB and Legrand after they reported positive earnings news.The pan-European Stoxx 600...
