Leadership
Gold firms on hopes for Fed rate cut in June, softer US dollar
GOLD prices edged higher on Monday (Mar 25) as renewed bets that the US Federal Reserve would begin cutting interest rates in June and a softer US dollar lifted...
Hyflux’s civil suits against founder Olivia Lum, ex-auditor KPMG to be jointly tried
HYFLUX’S civil lawsuits against the company’s founder Olivia Lum and former auditor KPMG will be tried jointly, after the High Court granted Lum’s application. Justice Goh Yihan, in a...
Declining Indonesian palm oil exports may affect domestic supply, officials say
INDONESIA’S palm oil product exports slipped in January and February, raising concerns less of the edible oil will be available domestically because of the tie between overseas sales quotas...
Has China lost its taste for the iPhone?
FOR years, Apple dominated the market for high-end smartphones in China. No other company made a device that could compete with the iPhone’s performance — or its position as...
Asia: Markets mixed as key US inflation data looms
ASIAN markets were mixed on Monday as investors set their sights on the release of key US inflation data due at the end of the week. After last week’s...
Australian taxi operator A2B shareholders vote in favour of ComfortDelGro acquisition
SHAREHOLDERS of Australian taxi network operator A2B voted in favour of ComfortDelGro’s acquisition on Monday (Mar 25), with 97.7 per cent of votes cast for the proposed deal. On Dec...
Japan’s top currency diplomat says yen weakness doesn’t reflect fundamentals
JAPAN’S top currency diplomat said on Monday that the yen’s current weakness did not reflect fundamentals, in the latest warning about the yen’s “big slide” against the dollar. “Looking...
Japan private equity deals jump in otherwise gloomy year for Asia
PRIVATE equity-related dealmaking in Japan jumped last year, as low interest rates and an ample supply of targets helped make the country the only market in the Asia-Pacific region...
