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Saudi wealth fund eyes US$20 billion windfall from Aramco dividend
SAUDI Arabia’s sovereign wealth fund is set to earn about US$5 billion in dividend payments every quarter from its stake in Aramco after the government handed it more shares...
Asia: Most markets fall after strong US data, eyes on inflation
ASIAN markets mostly fell on Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this...
Gold eyes second weekly gain on gradually easing US inflation
GOLD prices firmed near month-high levels on Friday (Mar 1) and were set for a second weekly rise after data showed that United States inflation was gradually easing, while traders...
Bitcoin eyes US$60,000, biggest monthly rally since late 2020
BITCOIN surged for a fifth day on Wednesday (Feb 28) to near US$60,000, buoyed by flows into new US spot bitcoin exchange traded products that have driven it up...
Glencore eyes Shell Singapore assets as Cnooc pulls out: sources
SWISS miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after...
Glencore eyes Shell Singapore assets as Cnooc pulls out: sources
SWISS miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the oil major seeks a buyer for the sites after...
Sumitomo Mitsui eyes further India expansion
SUMITOMO Mitsui Financial Group wants to make further inroads into India, drawn like many of its peers to the rapid growth of the market. Japan’s second-biggest lender is considering...
Japan’s Asahi eyes overseas M&A to quadruple sales of Super Dry beer
JAPAN’S Asahi Group Holdings is on the hunt for acquisition targets in the United States and elsewhere to quadruple overseas sales of its flagship Super Dry beer by 2030,...
