Real Estate
Funds sell Indonesian bonds on fiscal fears, free lunch pledge
INTERNATIONAL investors have become skittish over Indonesian bonds as election pledges have spurred burgeoning budgetary fears and a possible spending spree. Global funds have withdrawn US$1.1 billion from Indonesian...
Japan Airlines says buying 32 Airbus, 10 Boeing planes
JAPAN Airlines (JAL) said on Thursday (Mar 21) that it is buying 32 new aircraft from Airbus and 10 from Boeing in orders likely worth billions of dollars. The...
Lower LNG prices trigger surge in Asian spot market purchases
PRICE sensitive liquefied natural gas (LNG) buyers from China, India and parts of South-east Asia are snapping up more spot shipments of the fuel to power industries and generate...
Chinese policymakers in wait-and-see mode on easing, report says
CHINA’S monetary policymakers are in an “observation period” after the economy showed a strong start to 2024, according to state media, a signal the central bank will not adjust...
Hot stock: Riverstone up 8.9% amid heavy trading
SHARES of Riverstone Holdings were up as much as 8.9 per cent to S$0.84 during Thursday’s (Mar 21) earning trading. The last time the counter closed near the level...
Hot stock: Marco Polo Marine rises as much as 6.8%, after Maybank initiates coverage with ‘buy’ call
SHARES of Marco Polo Marine rose on Thursday (Mar 21) morning after Maybank Securities initiated coverage on the stock with a “buy” call on Wednesday. As at 9.23 am,...
Micron soars after AI growth helps bolster revenue forecast
MICRON Technology, the largest United States maker of computer memory chips, jumped in late trading after giving a surprisingly strong revenue forecast for the current quarter, buoyed by demand...
Stocks to watch: Olam, No Signboard
THE following companies saw new developments that may affect trading of their securities on Thursday (Mar 21): Olam Group: Its indirect 64.57 per cent-owned subsidiary, Olam Agri, has launched a...
