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Gold holds ground as traders brace for US inflation data
Gold holds ground as traders brace for US inflation data
GOLD prices held steady on Thursday (Jul 11), with investors awaiting US inflation data due later in the day for more insights on the Federal Reserve’s interest rate path.Spot...
Raffles Family Office hires Terence Chow as group chief operating officer
Raffles Family Office hires Terence Chow as group chief operating officer
He will be based in Hong Kong, reporting to the company’s group chief and co-founder Kwan Chi-manRAFFLES Family Office has named Terence Chow, formerly a wealth management chief executive...
Hot stock: Second Chance up 40% on potential privatisation by founder’s family
Hot stock: Second Chance up 40% on potential privatisation by founder’s family
Mohamed Salleh and his family are looking to take the company private at S$0.30 per shareSHARES of Second Chance Properties rose as much as 39.5 per cent at Thursday’s...
Britain fast-tracks biggest company listings shake-up in decades
Britain fast-tracks biggest company listings shake-up in decades
BRITAIN’S markets watchdog on Thursday set out final rules for the biggest shake-up in how companies list on the London Stock Exchange in three decades as it seeks to...
Stocks to watch: Keppel, Keppel DC Reit, Sats
Stocks to watch: Keppel, Keppel DC Reit, Sats
THE following companies saw new developments that may affect trading of their securities on Thursday (Jul 11): Keppel, Keppel DC Reit: The data centre real estate investment trust (Reit)...
Oil settles higher on hopeful demand outlook as US oil stocks sink
Oil settles higher on hopeful demand outlook as US oil stocks sink
OIL prices settled higher on Wednesday after a jump in US refining activity last week drove a larger-than-expected decline in petrol and crude inventories, but gains were capped due to...
Elon Musk beats US0 million severance lawsuit by fired Twitter workers
Elon Musk beats US$500 million severance lawsuit by fired Twitter workers
ELON Musk won dismissal of a lawsuit claiming he refused to pay at least US$500 million of severance to thousands of Twitter employees he fired in mass layoffs after...
CNN to cut 100 jobs in major overhaul to focus on digital, memo shows
CNN to cut 100 jobs in major overhaul to focus on digital, memo shows
“We are building a billion dollar+ digital business of the future,” says CEO Mark ThompsonNews outlet CNN will cut about 100 jobs as part of a plan to consolidate...
CK Hutchison reviews options for European telco assets: sources
CK Hutchison reviews options for European telco assets: sources
HONG Kong conglomerate CK Hutchison is reviewing options for its European telco unit with a view to reducing its holdings in the overall business, six people with knowledge of...
HSBC will reshape investment banking to look more like rivals
HSBC will reshape investment banking to look more like rivals
HSBC Holdings is revamping parts of its investment bank in a move that will make it look more like rivals such as Citigroup.Executives in HSBC’s global banking business are...