Leadership
China silver trading powerhouse eyes expansion in Singapore
THE commercial division of Chinese private smelter Henan Jinli Gold and Lead Group is looking to expand its commodities trading team in Singapore, as the industry turns increasingly bullish...
Marco Polo Marine posts 159.4% rise in H1 profit to S$11 million on higher charter rates
MARCO Polo Marine : 5LY 0% on Monday (May 13) posted a 159.4 per cent rise in net profit for the first half of FY2024 to S$11 million from...
Gold edges higher as markets count on Fed rate-cut hopes
GOLD prices edged higher on Monday (May 13), as weak US employment figures boosted bets of an interest rate cut from the Federal Reserve.Spot gold was up 0.1 per...
Stocks to watch: ST Engineering, Genting Singapore, SIAEC, Frasers Property, GuocoLand
THE following companies saw new developments that may affect trading of their securities on Monday (May 13): ST Engineering : S63 0%: The group on Monday posted an 18.1...
Dividend payouts are latest sign of Big Tech’s financial muscle
AFTER years of chasing growth at all costs, tech firms are taking a page from the playbook of old-school value businesses – paying a dividend. Throwing off more cash...
Amazon, Morgan Stanley, Pfizer to announce French investments
AMAZON.COM, Pfizer and Morgan Stanley are among the companies poised to boost their presence in France, with a flurry of new foreign investments to be unveiled on Monday (May...
OCBC’s offer for Great Eastern is about responding to minority dissent, doubling down on its strategy
THIS column said last week that OCBC had three options to address the undervaluation of Great Eastern’s shares: it could organise a sale of the insurer, distribute a major...
Greenback up slightly after consumer sentiment data; CPI eyed
The greenback inched higher on Friday (May 10) following a reading on US consumer sentiment as investors sorted through a batch of comments from Federal Reserve officials, with the...