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Stocks to watch: Singtel, LMIRT, The Hour Glass, CDL, Cortina, Delfi, Valuetronics
THE following companies saw new developments that may affect trading of their securities on Wednesday (May 29):
From ‘panda’ to ‘skunk’: China firms now shunned in US
FOR most of his 30 years running a Chinese-owned company in the United States, Ni Pin felt welcomed.He set up auto parts maker Wanxiang America – a unit of...
China financial firms are unusually cash-rich as savers pile in
CASH is so abundant in China’s financial markets that even traditionally liquidity-starved firms are swimming with money.Non-bank institutions like asset managers are sailing through the last few days of...
Wall Street shifts to faster settlements; bumps seen ahead
US TRADING on Tuesday moved to a shorter settlement cycle for securities transactions, putting investors and regulators on alert for increased trade failures and other hiccups in the world’s...
Crypto exchange-traded products get UK regulatory approval
THE United Kingdom’s financial regulator approved the first cryptocurrency exchange-traded products (ETPs), a step towards catching up to other financial centres in digital assets.WisdomTree said it received the green...
Cryptoverse: Miners trudge through post-halving world
WITH mining rewards halved, mining difficulty elevated and the shiny new Bitcoin exchange-traded funds (ETFs) stealing investor capital, it’s been a tough year for Bitcoin miners.
Marathon Digital and Riot...
Europe’s biggest pension fund sells 10 billion euros in fossil fuels
EUROPE’S biggest pension fund, Stichting Pensioenfonds ABP, has exited all liquid assets in oil, gas and coal worth about 10 billion euro (S$14.6 billion), in an effort to be...
Ossia International net profit falls 30% to S$4.7 million
OSSIA International posted a 30 per cent drop in net profit to S$4.7 million for its second half ended Mar 31, from S$6.7 million in the previous corresponding period,...
