Lifestyle

Europe: Shares slip on tech, banks drag; clocks weekly gains
Europe: Shares slip on tech, banks drag; clocks weekly gains
June 21, 2024
EUROPEAN shares closed lower on Friday (Jun 21), pressured by falls in technology and bank stocks, while Danish brewer Carlsberg Group was the day’s worst performer after British soft...
Yoma, Samudera, Yangzijiang Shipbuilding lead Singapore listcos to outperform regional peers in Q2
Yoma, Samudera, Yangzijiang Shipbuilding lead Singapore listcos to outperform regional peers in Q2
June 21, 2024
YOMA Strategic, Samudera Shipping and Yangzijiang Shipbuilding headed the list of top-performing Singapore listed companies on the FTSE ST All-Share Index in the second quarter of 2024 as at...
Debt ceiling standoff could trigger US rating downgrade
Debt ceiling standoff could trigger US rating downgrade
June 21, 2024
A potential debt ceiling standoff in the United States next year could be one of the worst since the 2011 crisis, which may trigger another sovereign credit rating downgrade,...
Cash is leaving China again, pressuring yuan
Cash is leaving China again, pressuring yuan
June 21, 2024
A SLIDING yuan and extensive outflows of cash from the mainland into Hong Kong show China’s domestic investors are shelving expectations for any immediate recovery in their home markets...
BlackRock will not take part in Malaysia Airports privatisation, GIP says
BlackRock will not take part in Malaysia Airports privatisation, GIP says
June 21, 2024
Global Infrastructure Partners (GIP) said its buyer BlackRock will not be involved in privatising Malaysia Airports after criticism in Muslim-majority Malaysia over the US firm’s alleged ties to Israel.GIP,...
Gold set for weekly gain on US rate-cut optimism, geopolitical woes
Gold set for weekly gain on US rate-cut optimism, geopolitical woes
June 21, 2024
GOLD prices were poised for a second consecutive weekly gain on Friday, driven by safe-haven demand amid tensions in the Middle East and rising bets that the US Federal Reserve...
Facebook, WhatsApp, Carousell among platforms required to comply with regulations to curb scams
Facebook, WhatsApp, Carousell among platforms required to comply with regulations to curb scams
June 21, 2024
SEVERAL social media apps and e-commerce platforms will be required from next week to put in place measures to proactively disrupt scams and malicious cyber activities affecting people in...
Yoma, Samudera, Yangzijiang Shipbuilding lead Singapore listcos to outperform regional peers in Q2
Hot stock: Heavy trading in Yoma Strategic as shares hit 16-month high
June 21, 2024
The share price has been rising since May, after the company reported a turnaround in its earningsSHARES of Yoma Strategic rose as much as 6.2 per cent in early...
Investors prime for Bank of Japan by shorting the short end of bonds
Investors prime for Bank of Japan by shorting the short end of bonds
June 21, 2024
AS GLOBAL fund managers and other investors gird for the Bank of Japan’s stated gradual exit from ultra-easy policy settings, they are short-selling the shortest tenor government bonds and...
US finds no currency manipulation in 2023, Japan added to monitoring list
US finds no currency manipulation in 2023, Japan added to monitoring list
June 21, 2024
THE US Treasury on Thursday said no major trading partner appeared to manipulate its currency last year, but it added Japan to a foreign exchange “monitoring list”, alongside China,...