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Europe: Shares jump to fresh record after US inflation data
Europe: Shares jump to fresh record after US inflation data
EUROPEAN shares closed at a record high on Tuesday (Mar 12), led by automakers and banks, as traders stuck to bets on an interest rate cut by the Federal...
Construction material manufacturers mull green opportunities for growth
Construction material manufacturers mull green opportunities for growth
AS AWARENESS rises about environmental concerns, building materials companies may be able to benefit by producing greener materials.Peggy Mak, research manager at Phillip Securities Research, noted that while the...
STMicroelectronics CEO says China is a growth market despite US chip war
STMicroelectronics CEO says China is a growth market despite US chip war
CHINA remains an important growth market for French-Italian semiconductor STMicroelectronics (STM), despite increasing US-China tensions over semiconductors, the company’s chief executive said on Tuesday (Mar 12). Speaking at a...
Oracle surges to record high as AI demand helps reignite cloud business momentum
Oracle surges to record high as AI demand helps reignite cloud business momentum
ORACLE soared more than 13 per cent to reach a record high on Tuesday (Mar 12), on signs the company was making progress in its plan to grab a...
US dollar slips after inflation data
US dollar slips after inflation data
THE US dollar was little changed in choppy trading on Tuesday (Mar 12), after moving higher earlier in the global session, amid data showing hotter-than-expected inflation last month for...
ASML’s threat to leave uncovers deeper concerns in Netherlands business climate
ASML’s threat to leave uncovers deeper concerns in Netherlands business climate
A THREAT by the Netherlands’ largest company ASML to quit the country if it cannot grow there has laid bare wider corporate concerns that the nation’s business climate is...
Halcyon Agri replaces CEO with controlling shareholder’s CFO
Halcyon Agri replaces CEO with controlling shareholder’s CFO
HALCYON Agri has appointed the chief financial officer of its controlling shareholder Hainan Rubber Group (HRG) to replace its chief executive officer (CEO), with immediate effect. The mainboard-listed rubber...
Gold’s record run stalls ahead of US inflation print
Gold’s record run stalls ahead of US inflation print
GOLD prices were steady on Tuesday (Mar 12), as traders refrained from taking new positions after bullion’s record run ahead of United States consumer prices data that could offer...
Half of BOJ watchers still see April rate hike while bets on March move jump
Half of BOJ watchers still see April rate hike while bets on March move jump
A SLIM majority of Bank of Japan (BOJ) watchers still expect the end of negative rates to come in April, but almost everyone agrees there’s a risk the move...
Crypto product inflows soar to record high, CoinShares says
Crypto product inflows soar to record high, CoinShares says
A WAVE of investor interest is driving billions of US dollars into cryptocurrency assets this year, pushing inflows to record-breaking levels, according to CoinShares International. A record US$2.7 billion...