Leadership
Higher CPO prices, low stockpiles only a brief reprieve for regional palm oil stocks
THE mini rally in palm oil prices and current low stockpiles have given regional palm oil companies some respite in light of the broader volatility-ridden agri commodities sector, but...
Bank of England to hold rate despite slowing inflation
THE Bank of England (BOE) is widely expected to keep its main interest rate at a 16-year high on Thursday (Mar 21), rejecting a cut as inflation remains well...
Regional markets rally after dovish Fed outcome; analysts stay positive on Asia equities
ASIA markets rallied on Thursday (Mar 21) to track gains on Wall Street, after the US central bank signalled it would maintain three interest rate cuts this year. The...
UOB chief Wee Ee Cheong’s 2023 salary up 11.9% to S$15.9 million
UOB chief executive Wee Ee Cheong received S$15.9 million in total remuneration for the financial year ended Dec 31, 2023, implying an 11.9 per cent increase from his annual...
Gold hits record high as US Fed sticks to three rate cuts in 2024
GOLD prices surged to a record high on Thursday (Mar 21) after the US Federal Reserve left interest rates unchanged in a widely expected move and stayed on track...
Japan’s finance minister Suzuki says monitoring FX with high sense of urgency
JAPAN’S finance minister Shunichi Suzuki said on Thursday the government is watching currency market moves with “a high sense of urgency”, as the yen has fallen to four-month-lows beyond...
Olam Agri proposes to acquire Australia’s Namoi for A$122 million
OLAM Group’s indirect 64.57 per cent-owned subsidiary, Olam Agri, has launched a non-binding indicative offer to acquire all shares in Australian-listed cotton ginning company Namoi Cotton for A$122 million...
Hermes faces US lawsuit over ‘refusal’ to sell Birkin bag
FASHIONISTAS desperate to get their hands on an exclusive Birkin handbag are suing Hermes in California on grounds the company won’t sell them one unless they buy other luxury...
