Real Estate
Can Singapore-listed companies legally block shareholder proposals?
IN A landmark lawsuit that could potentially silence minority shareholders of big companies, oil and gas giant Exxon Mobil has sued activist investors in a bid to block their...
Oil nudges higher after Opec+ extends output cuts
OIL prices nudged higher on Monday after Opec+ members agreed to extend voluntary oil output cuts to the end of the second quarter, largely in line with market expectations, while Russia pledged...
Ringgit gains as Malaysia steps up coordination to lift currency
MALAYSIA’S ringgit rose to a one-month high after policymakers ramped up their coordination with state-linked firms to lift the currency from a 26-year low. The currency advanced as much...
Bitcoin breaches US$64,000 briefly as ETF demand lures traders
BITCOIN rose for the second straight day and marched closer to its all-time high, driven by expectations of exchange-traded funds (ETFs) robust demand at the week’s start. The most...
Gold near two-month high as hopes for mid-year US rate cut rise
GOLD prices hovered near a two-month high on Monday (Mar 4), after softer United States economic data last week raised hopes for a June interest rate cut by the...
Julius Baer names new group head of South-east Asia
JULIUS Baer has appointed Malcolm Tay as group head of South-east Asia, a newly created role based in Singapore, it said on Monday (Mar 4). He joins the bank...
Japan’s Nikkei 225 breaches key 40,000 level for the first time
JAPAN’S Nikkei 225 Stock Average climbed above the psychological level of 40,000 for the first time, opening the door to further gains in its historic rally. The blue-chip gauge...
Olam Agri acquires feed producer in Senegal for 17 million euros
OLAM Group’s 64.5 per cent-owned subsidiary Olam Agri has acquired Avisen, a major feed supplier in Senegal, for 17 million euros (S$24.8 million), the group said on Monday (Mar...
