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Japan’s first sovereign green bonds expected to attract healthy demand
Japan’s first sovereign green bonds expected to attract healthy demand
JAPAN’S government is set to issue its first tranche of bonds to finance development of clean energy resources this week, with investors expecting healthy demand owing to the scarcity...
Indonesia’s Pertamina to slash capacity at second-biggest refinery due to upgrade
Indonesia’s Pertamina to slash capacity at second-biggest refinery due to upgrade
INDONESIA’S state energy company Pertamina will reduce production capacity at its Balikpapan refinery starting in the third week of February as an upgrade of the facility advances, the company...
Dasin Retail Trust appoints new CIO after firing previous executive demanding alleged outstandings
Dasin Retail Trust appoints new CIO after firing previous executive demanding alleged outstandings
THE trustee-manager of Dasin Retail Trust has appointed a new chief investment officer (CIO) after firing the previous CIO who demanded alleged outstandings owed by the trustee-manager, based on...
Tokyo Electron hits new high after China demand boosts outlook
Tokyo Electron hits new high after China demand boosts outlook
TOKYO Electron shares soared to a record high after the company hiked its guidance for the year on the strength of sales to China. The chipmaking gear producer rose...
Brokers’ take: RHB downgrades Manulife US Reit to ‘trading buy’; cuts NPI forecasts
Brokers’ take: RHB downgrades Manulife US Reit to ‘trading buy’; cuts NPI forecasts
RHB on Tuesday (Feb 13) downgraded Manulife US Real Estate Investment (Manulife US Reit) to “trading buy” from “buy” and cut its target price on the counter slightly to...
Gold trades in tight range ahead of key US inflation data
Gold trades in tight range ahead of key US inflation data
GOLD prices were stuck in a tight range on Tuesday (Feb 13) as investors refrained from making big bets ahead of a United States inflation report that could give...
Ueda says BOJ to keep policy easy in post-negative rate era
Ueda says BOJ to keep policy easy in post-negative rate era
FINANCIAL conditions in Japan will remain easy for the time being even after the Bank of Japan (BOJ) puts an end to the world’s last negative rate regime, governor...
Macquarie profit ‘substantially’ down; commodities head resigns
Macquarie profit ‘substantially’ down; commodities head resigns
MACQUARIE Group’s profit fell due to reduced activity in its commodities and global markets business, while the veteran head of the division will step down later this month. Earnings...
Australia central bank says inflation slowdown requires productivity revival
Australia central bank says inflation slowdown requires productivity revival
AUSTRALIA’S central bank on Tuesday reiterated that while inflation was slowing, it was still too high and would take time to return to target, with much depending on whether...
Temu spent millions on six Super Bowl ads as it tries to win back US shoppers
Temu spent millions on six Super Bowl ads as it tries to win back US shoppers
TEMU spent big at the Super Bowl on Sunday (Feb 11) night, airing its advertisement six times and offering US$10 million in giveaways as it hopes to reinvigorate wavering...