Moves
South Korea moves closer to extending onshore won trading hours
SOUTH Korea will undertake another test of after-hours trading of the won as authorities prepare to extend the currency’s trading session. Some banks will be allowed to exchange the...
Saudi Arabia moves US$164 billion Aramco stake to wealth fund
SAUDI Arabia’s government transferred a further US$164 billion stake in Aramco to the Public Investment Fund (PIF), a move aimed at bolstering cashflow at the state-backed investor that’s been...
US Senate bill targeting China’s BGI, WuXi AppTec moves forward
THE United States Senate’s homeland security committee voted on Wednesday (Mar 6) to approve a bill that could restrict business with Chinese biotech companies such as BGI and WuXi...
China investors rush abroad, hitting outbound investment limits and moves to stabilise yuan
CHINESE money is pouring into funds invested in offshore assets at breakneck speed, butting up against outbound investment limits and complicating Beijing’s efforts to revive domestic markets and stabilise...
S$15 million addition to Maritime Cluster Fund among moves to improve sector’s sustainability
A NEW pillar under Singapore’s Maritime Cluster Fund will co-fund sustainability efforts by companies, with S$15 million set aside till 2030. The MCF-Sustainability pillar joins the fund’s existing three...
3 Stocks to Buy No Matter Which Way Inflation Moves | Entrepreneur
On August 10th and August 11th, investors will get the next read on inflation. On August 10, the latest read on the Consumer Price Index (CPI) is released. That...
Elon Musk Shows Off His Dance Moves At Rave In Mexico: Video | Entrepreneur
Elon Musk was all smiles and letting loose after announcing he has found someone to replace him as CEO of Twitter, a company he purchased for an estimated $44...