Leadership
US dollar edges down after data, yen squeezed, Swiss Franc at multi-month lows
THE US dollar hit a one-week low on Thursday (Apr 4) as economic data supported expectations for quick rate cuts in the United States, while the battered yen was...
A US$290 billion ESG bond market faces EU snub in new proposal
A KEY ESG bond market may not be green enough to merit being included in a European Union review of sustainable flows in the region.The Platform on Sustainable Finance,...
Brokers’ take: Maybank upgrades AEM to ‘buy’, lifts target on higher order expectations
MAYBANK Securities upgraded AEM to “buy” from “hold”, as it anticipates a rise in orders for the advanced chip-testing solutions provider for FY2024. This came after AEM announced a contract...
Kid-focused tech startup myFirst picks Fu Yu as exclusive contract manufacturer
SINGAPORE startup myFirst has appointed Fu Yu Corporation : F13 0% as its exclusive contract manufacturer, both parties said in a joint statement on Thursday (Apr 4). The startup...
Beijing nudged Syngenta to withdraw 65 billion yuan Shanghai IPO on market weakness: sources
CHINESE authorities nudged Swiss agrichemicals and seeds group Syngenta to withdraw its application for a long-delayed US$9 billion IPO in Shanghai on concerns about the impact a sizeable new...
Singapore shares rise at Thursday’s open; STI up 0.5%
SINGAPORE stocks inched up at the opening bell on Thursday (Apr 4), following mixed overnight results in US and European markets. As at 9.01 am, the Straits Times Index (STI)...
Best World makes exit offer at S$2.50 per share via selective capital reduction
BEST World on Wednesday (Apr 3) proposed to offer S$2.50 in cash per share by way of a selective capital reduction to eligible shareholders to privatise the business.The offer...