Leadership
Tesla shareholders advised to reject Elon Musk’s US$56 billion pay
PROXY advisory firm Glass Lewis said on Saturday (May 25) it has urged Tesla shareholders to reject a US$56 billion pay package for chief executive officer Elon Musk, which...
Bill Gross says Trump is ‘bearish’ choice for bond markets
RETURNING Donald Trump to the presidency would be the more “bearish” choice for bond markets, famed bond investor Bill Gross said in an interview with The Financial Times.Gross, once...
Qatar Airways jet encounters severe turbulence, leaving 12 hurt
A QATAR Airways flight encountered severe turbulence over Turkey, injuring 12 people on board, before landing as scheduled on Sunday (May 26) in Dublin. Six passengers and six crew...
OUE’s buyback plan may not permanently lift investor appetite for its depressed shares
INVESTORS reacted positively this past week to OUE’s announcement of an off-market, equal-access buyback of up to 10 per cent of its outstanding shares.
The corporate exercise may not result...
Baltic Exchange Shipping Insights
Capesize
THE Capesize Timecharter Average (C5TC) closed on a positive note on Friday (May 24) before entering the last week of May, which will start with a public holiday in...
Evergrande EV unit says its liquidators found a potential buyer
The EV unit of embattled real estate developer China Evergrande Group said that liquidators are in talks with a potential buyer who may also extend a new line of...
ECB’s Cipollone, Panetta see conditions for a June rate cut
European Central Bank (ECB) executive board member Piero Cipollone said the time is right for an interest rate cut in June, echoing comments a day earlier from Governing Council...
Yangzijiang Financial says its maritime entry not a conflict of interest with shipbuilding unit
YANGZIJIANG Financial : YF8 0% on Sunday (May 26) said that its entry into the maritime sector will not create a conflict of interest with its sister company, Yangzijiang...
