Technology
Pound hits more than two-year high, US dollar back under pressure
The pound climbed to its strongest level against the greenback in more than two years on Tuesday (Aug 27), and other major currencies also gained as a pause in...
JD.com unveils US$5 billion share buyback as China concerns grow
JD.COM plans to buy back as much as US$5 billion of its shares, moving to appease investors worried about a potentially worsening Chinese consumer downturn.
The company on Tuesday (Aug...
Singapore stocks add to gains on Tuesday; STI ticks up 0.1%
Gainers beat losers 264 to 249 across broader market, as 1 billion shares worth S$1 billion change handsSINGAPORE shares rose on Tuesday (Aug 27), as investors took stock of...
Massive fires to hurt sugar output in top supplier Brazil
An unprecedented outbreak of fires that hit sugar cane fields in the world’s top exporter Brazil over the weekend is set to impact global supply of sweetener and elevate...
Santander starts a 1.525 billion euro share buyback programme
SPANISH bank Santander launched a 1.525 billion euro (S$2.2 billion) share buyback programme on Tuesday (Aug 27) as part of its shareholder remuneration target of about 50 per cent...
MAS review on equities market identifies new listings, liquidity, regulatory framework, governance among priorities
THE Monetary Authority of Singapore’s (MAS) new review group has identified priority areas for two workstreams amid its ongoing review of local equity markets. Called the Equities Market Review Group,...
Rothschild to boost India ECM, debt businesses as deals heat up
ROTHSCHILD plans to beef up its equity capital markets (ECM) advisory business in India and also provide debt advisory services amid the country’s dealmaking boom. The expansion plans at...
China’s BYD to use Huawei’s advanced autonomous driving system in off-road EVs
CHINESE electric vehicle (EV) giant BYD has signed an agreement with Huawei to use the Chinese tech conglomerate’s advanced autonomous driving system in its off-road Fangchengbao EVs, Huawei said...
