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China weighs ban on bank distribution of hedge fund products
China weighs ban on bank distribution of hedge fund products
CHINESE regulators are considering tougher restrictions on how banks sell financial products to the public, in a move that could cut off a major distribution channel for some of...
Singapore shares open higher on Wednesday; STI up 0.3%
Singapore shares open higher on Wednesday; STI up 0.3%
SINGAPORE equities started Wednesday (Jun 12) morning on a strong footing, amid mixed global performance overnight.As at 9.01 am, the Straits Times Index (STI) opened 0.3 per cent or 11.27...
Yoma cites FY2024 results, media reports as potential reasons for unusual trading
Yoma cites FY2024 results, media reports as potential reasons for unusual trading
YOMA Strategic Holdings said it was unaware of any reasons for its recent unusual trading activity after being queried by the Singapore Exchange Regulation (SGX RegCo). After the market...
Yoma cites FY2024 results, media reports as potential reasons for unusual trading
Yoma cites FY2024 results, brokerage, media reports as potential reasons for unusual trading activity
YOMA Strategic Holdings said it was unaware of any reasons for its recent unusual trading activity after being queried by the Singapore Exchange Regulation (SGX RegCo). After the market...
Fake players popping up in Asia’s family office frenzy
Fake players popping up in Asia’s family office frenzy
AS EDOARDO Collevecchio was getting ready to speak at a conference in Singapore, he recognised the family office that employed a fellow panellist. But as they exchanged small talk,...
Stocks to watch: SIA, Sabana Reit, Yoma Strategic, Cordlife
Stocks to watch: SIA, Sabana Reit, Yoma Strategic, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jun 12): Singapore Airlines : C6L 0% (SIA): The national flag carrier is offering...
How Apple used Google’s help to train its AI models
How Apple used Google’s help to train its AI models
ON STAGE on Monday CEO Tim Cook’s Apple announced a splashy deal with OpenAI to include its powerful artificial intelligence model as a part of its voice assistant, Siri.But...
BlackRock will expand offerings for overseas investors in Japan
BlackRock will expand offerings for overseas investors in Japan
BLACKROCK’S Japan unit plans to expand its offerings of investment options in the country for overseas clients. In order to attract foreign funds, the company has increased the number...
Oil edges up as Opec sees relatively strong growth in 2024 oil demand
Oil edges up as Opec sees relatively strong growth in 2024 oil demand
OIL prices edged slightly higher on Tuesday (Jun 11) as Opec stuck to its forecast for relatively strong growth in global oil demand in 2024 and as investors waited...
Morgan Stanley downgrades Indonesian stocks to underweight
Morgan Stanley downgrades Indonesian stocks to underweight
INDONESIA’S fiscal policy and a stronger US dollar pose risks to investing in its stocks, strategists at Morgan Stanley wrote in a note while lowering their recommendation. “We see...