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South Korea’s probe alleges 211.2 billion won of illegal short trades
SOUTH Korea’s financial watchdog said it has so far uncovered 211.2 billion won (S$156 million) worth of illegal short trades by nine global investment banks, providing its latest formal...
Inside TSMC chairman Mark Liu’s short but impactful reign
MARK Liu’s term as chairman of Taiwan Semiconductor Manufacturing Co (TSMC) has been brief compared to that of his predecessor. Liu took over in 2018 from founder Morris Chang and will...
Bearish outlook, conservative targets prompt spike in Seatrium’s short interest
A COMBINATION of deeper full-year losses, fairly conservative financial targets, as well as a bearish and uncertain sector outlook has led to a spike in the short interest levels...
Tesla sales fall short of estimates in first drop since 2020
TESLA suffered its first year-over-year sales drop since the early days of the Covid pandemic.The electric carmaker handed more than 386,810 vehicles in the first three months of 2024,...
DHL Group’s 2024 forecast falls short of market view on tepid global trade
GERMAN logistics giant DHL Group on Wednesday (Mar 6) forecast its 2024 operating profit to come in above pre-pandemic figures, but the outlook fell short of market consensus amid...
Thailand mulls directly charging short sellers as shares slump
THAILAND plans to extend its crackdown on illegal short selling as shares remain in the doldrums, according to the stock exchange’s chairman. Market authorities are considering changing the law...
BOJ chief Ueda stops short of declaring 2% price goal met
BANK of Japan (BOJ) governor Kazuo Ueda said it was too early to conclude that inflation was close to sustainably meeting the central bank’s 2 per cent inflation target...