Leadership
Hot stock: Seatrium up 5.6% on S$100 million share buyback programme
SEATRIUM’S shares rose 5.6 per cent amid heavy trading after announcing its plan to buy back up to a maximum of 2 per cent of its total issued shares...
Fading bets of early RBA cuts frustrate Albanese reelection plan
AUSTRALIAN Prime Minister Anthony Albanese faces a bumpy road to reelection with sticky inflation pushing back the timetable for interest-rate relief, raising the prospect of further financial stress for...
China could hinder BHP’s bid to become copper’s top producer
BHP Group’s US$39-billion bid to create a global copper giant risks irking its biggest customer China, where authorities have a history of intervening to stymie or water down international...
ST Engineering focuses on synergies from US$2.7 billion acquisition to reach greater heights
SINGAPORE Technologies Engineering (ST Engineering) : S63 0% is reaping the synergies from its acquisition of TransCore – its largest yet – after hitting its financial milestones for the...
Baltic Exchange Shipping Insights
CapesizeThe Capesize market endured a challenging week, marked by persistent negativity across both the Pacific and Atlantic regions. The week commenced sluggishly, with the BCI 5TC dropping by $1,133...
Tech rally propels emerging stocks to best week since July
Emerging-market stocks rose on Friday (Apr 26), cementing their biggest weekly advance in nine months, as Asian technology stocks got a boost from US corporate earnings that confirmed booming...
Thaksin-linked TV broadcaster to shut down after 15 years
Voice TV, a Thai media company owned by former prime minister Thaksin Shinawatra’s family, said it will cease operations next month and lay off about 200 employees including journalists. Voice...
US: Wall St opens higher
US stocks opened higher on Friday (Apr 26) on megacaps’ boost after robust quarterly results from Alphabet pushed its market value over US$2 trillion, while an in-line reading for...
