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Maritime players benefit from tight supply and strong demand for vessels
THE rising tide of strong demand for vessels in the oil and gas sector, amid tepid supply, has lifted Singapore-listed maritime players.According to Maybank analyst Jarick Seet, the tight...
Top-tier maritime players to boost sales, margins on oil rebound and tight vessel supply
THE rising tide of strong demand for vessels in the oil and gas sector, amid tepid supply, has lifted Singapore-listed maritime players.According to Maybank analyst Jarick Seet, the tight...
Hong Kong spot crypto ETFs to start trading next week
HONG Kong-listed spot Bitcoin and Ether exchange traded funds aim to start trading on Apr 30, three asset managers that provide the products said on Wednesday (Apr 24).
The financial...
Nvidia agrees to acquire Israeli AI software provider Run:ai
NVIDIA has agreed to acquire Israeli startup Run:ai, which develops software for handling artificial intelligence computing resources.
Run:ai has been a close collaborator with Nvidia since 2020, the Santa Clara,...
US: Wall St opens higher on tech boost, upbeat earnings
WALL Street’s main indexes opened higher on Wednesday (Apr 23), with Tesla leading gains among megacap stocks after its quarterly results, while upbeat earnings reports across other sectors also...
Boeing reports first revenue drop in 7 quarters as deliveries decline
BOEING on Wednesday (Apr 24) reported an 8 per cent decline in quarterly revenue to US$16.57 billion, the first drop in seven quarters, as the US planemaker slows production...
Greenback recovers from PMI slump, yen closes in on 155 per dollar
THE US dollar regained some lost ground on Wednesday (Apr 24) following big falls against the euro and sterling the day before, while the yen remained mired near 34-year...
Volkswagen to keep China market share stable as price war rages
VOLKSWAGEN aims to keep its market share in China roughly stable until the end of the decade, the head of its China business said, betting heavy investment there will...
