Lifestyle

US: S&P 500, Nasdaq dip on the eve of US payrolls data
US: S&P 500, Nasdaq dip on the eve of US payrolls data
THE S&P 500 and Nasdaq composite finished lower on Thursday (Jun 6) ahead of a key labour market report, retreating from record highs reached in the previous session. The...
China’s CNOOC reports major gas breakthrough in South China Sea
China’s CNOOC reports major gas breakthrough in South China Sea
CNOOC has achieved a major exploration breakthrough in an ultra-shallow gas play in ultra-deep water South China Sea, the state-owned oil and gas firm said on Thursday (Jun 6). Its...
China’s Space Pioneer raises 1.5 billion yuan to fund development of reusable rockets
China’s Space Pioneer raises 1.5 billion yuan to fund development of reusable rockets
BEIJING-BASED rocket developer Space Pioneer said on Thursday (Jun 6) that it had completed more than 1.5 billion yuan (S$280 million) round of fundraising that will go towards financing...
UK firms’ wage growth expectations fall sharply, BOE survey shows
UK firms’ wage growth expectations fall sharply, BOE survey shows
British businesses’ expectations for wage growth over the coming year fell sharply last month, according to a Bank of England (BOE) survey, which may ease policymakers’ worries that it...
Palm oil companies with high ESG transparency are poorly valued: NUS study
Palm oil companies with high ESG transparency are poorly valued: NUS study
EXCELLING in terms of environmental, social and corporate governance (ESG) reporting does not necessarily translate to higher valuations for companies within the palm oil sector. A recent study conducted...
Jasper Investments volume, price surge on S million from investors including Koh Boon Hwee
Jasper Investments volume, price surge on S$9 million from investors including Koh Boon Hwee
SHARES of watch-listed Jasper Investments quadrupled in value after the marine player secured S$9 million in capital from strategic investors, including Koh Boon Hwee, a board director of Singapore...
Billionaire Richard Li’s FWD Group revives Hong Kong IPO plan: sources
Billionaire Richard Li’s FWD Group revives Hong Kong IPO plan: sources
BILLIONAIRE Richard Li has revived plans to list pan-Asian insurer FWD Group in Hong Kong, said three sources with direct knowledge of the matter, after regulatory delay and market...
Gold prices drift higher ahead of US payrolls data
Gold prices drift higher ahead of US payrolls data
GOLD prices rose on Thursday (Jun 6), building on the previous session’s gains as investors awaited US non-farm payrolls data that could determine whether interest rates will be cut...
Singapore shares rise at Thursday’s open; STI up 0.3%
Singapore shares rise at Thursday’s open; STI up 0.3%
SINGAPORE equities started Thursday (Jun 6) morning on a strong footing, tracking global gains overnight. As at 9.01 am, the Straits Times Index (STI) opened 0.3 per cent or...
Chanel’s record dividend brings owners’ windfall to US billion
Chanel’s record dividend brings owners’ windfall to US$12 billion
THE billionaire family behind Chanel will have pocketed US$12.4 billion in payouts from the luxury brand’s earnings over the past three years, contributing to a massive increase in their...