Leadership
Mercurius Capital, indebted to auditors and accountants, says it can’t hold AGM by deadline
MERCURIUS Capital Investment said on Thursday (Jul 4) that it is unable to convene its annual general meeting (AGM) for its financial year ended Dec 31, 2023 by the...
Topix joins Nikkei at record high as Japan’s stocks extend rally
JAPAN’S Topix stock index powered past its bubble-era peak to a record high, as the buying momentum spread beyond a narrow set of stocks and underscored the firm foundations...
Cash-rich energy traders are snapping up refineries from Big Oil
COMMODITIES traders flush with cash are buying oil refineries that energy majors are increasingly turning their back on.
It’s one of the areas where trading houses – who have long...
Brokers’ take: Citi cuts GoTo price target on more conservative assumption
CITI Research, working on more conservative assumptions, has lowered its price target for GoTo to 95 rupiah (0.8 Singapore cent) from 195 rupiah.The research house noted in a report...
Ise-time for change? A look at Isetan’s 54-year history in Singapore
PLANS to take Isetan Singapore private via a scheme of arrangement has taken another step forward following in-principle approval from the Singapore Exchange (SGX). In April, Isetan Mitsukoshi, a...
Non-financial considerations in climate indices could affect financial returns: MAS
INCORPORATING non-financial considerations when constructing climate indices could result in lower financial returns, compared with conventional benchmark returns.The Monetary Authority of Singapore (MAS) in its sustainability report released on...
Nissan, Honda consider partnering on software, charging infrastructure: Nikkei
JAPANESE automakers Nissan Motor and Honda Motor are considering using standardised automotive software and working together on electric vehicle (EV) charging, the Nikkei newspaper said on Thursday (Jul 4),...
Brokers’ take: Lim & Tan positive on Mermaid Maritime’s growth outlook; initiates with ‘buy’
LIM & TAN Securities initiated coverage on marine logistics company Mermaid Maritime with a “buy” call and a target price of S$0.30 on Wednesday (Jul 3).The target price implies...
