Leadership
US: Stocks slip as markets eye cautious Fed
WALL Street’s main indexes opened lower on Friday (Jun 14), with investors pausing after strong rallies on the S&P 500 and the Nasdaq, as they weighed hawkish Federal Reserve...
Great Eastern privatisation deal deemed ‘not fair but reasonable’; OCBC says offer price ‘final’
OCBC’s privatisation bid for its insurance arm Great Eastern Holdings (GEH) is not fair but reasonable, the independent financial adviser (IFA) to the deal said on Friday (Jun 14).The...
China sells 50-year bonds at record-low yield as demand swells
THE frenzy for Chinese bonds is showing no signs of fading, with the nation’s longest-dated special government notes receiving stronger-than-expected demand at an auction. China sold 35 billion yuan (S$6.5...
Tesla CEO Musk’s pay package gets support from 77% of votes at investor meet
ELON Musk’s US$56 billion pay package won an overwhelming 77 per cent of votes cast by Tesla investors at its annual meeting, a company filing showed on Friday (Jun...
China new bank loans rise in May, but well below forecasts
CHINESE banks extended 950 billion yuan (S$177.2 billion) in new yuan loans in May, rising from April but missing analysts’ expectations.
Analysts polled by Reuters had predicted loans would rise...
CapitaLand Investment to start an operation in India’s GIFT City
CAPITALAND Investment will soon start operating in India’s GIFT International Financial Services Centre, according to people familiar with the matter, helping serve its global clients from the special economic...
Bonds are beating Bitcoin as doubts gather over crypto rebound
STOCKS and bonds have delivered better returns than Bitcoin this quarter, raising the possibility that a crypto boom is running out of steam.Gauges of global equities, fixed income and...
Brokers’ take: Beansprout initiates Keppel Infrastructure Trust with ‘buy’, S$0.59 target price
BEANSPROUT initiated coverage on Keppel Infrastructure Trust (KIT) with a “buy” call, noting the trust’s “attractive” distribution yield amid robust infrastructure assets. The investment insights platform licensed by the...
CDG Engie, Volt Singapore win first contracts to deploy fast public EV charging points
TWO electric vehicle (EV) charging operators have been awarded contracts to deploy mainly fast charging EV charging points across Singapore.On Friday (Jun 14), Land Transport Authority (LTA) subsidiary EV-Electric...
