Lifestyle
Brokers’ take: SAC initiates coverage on ISOTeam with ‘buy’ call on growth drivers
The research team expects ISOTeam to gain more market share and improve its margins.SAC Capital has initiated coverage on ISOTeam with a “buy” recommendation and target price of S$0.073....
China wants EU tariffs on EVs gone by Jul 4 as talks resume
BEIJING wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles (EVs) by Jul 4, China’s state-controlled Global Times reported, after an agreement by both sides...
Australia to make supermarket industry code mandatory, breaches may result in huge fines
AUSTRALIA could impose billion-dollar fines on big supermarket chains that fail to comply with an industry code of conduct, the federal government said on Monday (Jun 24) as it...
Gold prices edge higher as US Treasury yields soften
GOLD prices inched higher on Monday (Jun 24) as Treasury yields edged lower, while investors await economic data and comments from Federal Reserve officials through this week for clarity...
Chinese automakers look to livestreaming to shake stuffy image
COMPETITION in China’s cut-throat car market is pushing even senior legacy auto executives to take up livestreaming to promote sales.The jeans-and-jacket-wearing electric vehicle (EV) startup bosses have increasingly been...
Geo Energy to recover US$18 million in outstanding receivables after sale of creditor’s rights
The move, which is accretive to the group’s cash flow, will provide financial certaintyINDONESIAN coal producer Geo Energy Resources on Monday (Jun 24) said it agreed to sell certain...
Food Empire to issue up to US$40 million in redeemable exchangeable notes
FOOD and beverage manufacturer Food Empire signed a non-binding term sheet to issue Asean private equity fund manager Ikhlas Capital Singapore up to US$40 million in redeemable exchangeable notes.Ikhlas...
Australia’s Star Entertainment sees FY profit fall; appoints acting CEO
AUSTRALIA’S Star Entertainment Group said on Monday (Jun 24) it expects its fiscal 2024 normalised group EBITDA to be in the range of A$165 million (S$148 million) to A$180...
