SINGAPORE (REUTERS) – Trading platform iSTOX, backed by Singapore Exchange and other companies, is raising $50 million (S$66 million) from a group of investors led …
CapitaLand Integrated Commercial Trust Q4 DPU falls 15.4%
SINGAPORE (THE BUSINESS TIMES) – CapitaLand Integrated Commercial Trust (CICT) on Thursday posted a distribution per unit (DPU) of 2.63 Singapore cents for its fourth …
Chinese electric car maker BYD raises $5.1 billion in upsized share sale
NEW YORK (BLOOMBERG) – BYD, a Chinese electric-vehicle manufacturer backed by Warren Buffett, raised HK$29.9 billion (S$5.1 billion) from an upsized sale of its Hong …
Japan exports post first annual gain in two years in December
TOKYO (REUTERS) – Japan’s exports rose for the first time in two years in December on the back of shipments to China, government data showed, …
South Korea January 1-20 exports expand 10.6%, sharper than in December
SEOUL (REUTERS) – South Korean exports grew at a much sharper pace in the first 20 days of January, customs agency data showed on Thursday …
The Executive Talk: PTT Global Chemical PCL (SET:PTTGC)
BANGKOK, Jan 20, 2021 – (ACN Newswire) – PTT Global Chemical PCL (SET:PTTGC) Chief Executive Officer, Dr. Kongkrapan Intarajang discusses the company’s strategy and outlook in The Executive Talk …
Greenbriar Is Providing Montalva Update
Coquitlam, British Columbia, Jan 18, 2021 – (ACN Newswire) – Greenbriar Capital Corp. (TSXV: GRB) (OTC Pink: GEBRF) (“Greenbriar”) is pleased to announce that on January 20th, 2021, a …
Eyeing a recovery, some US airlines resume pilot hiring
NEW YORK (REUTERS) – American Airlines’ wholly owned regional subsidiary PSA Airlines and budget carrier Frontier Airlines plan to resume pilot hiring this year, a …
The next Tesla? Investors bet big on electric truck start-up
PLYMOUTH, MICHIGAN (NYTIMES) – It is hard to imagine any company matching Tesla’s rocket-like rise. But if any electric car start-up could aspire to be …
Wall Street’s top banks widen gulf with rivals amid pandemic
NEW YORK (BLOOMBERG) – Evidence is mounting that Wall Street’s top investment banks spent the pandemic building up their leads. As the banner year for …
Goldman Sachs profit more than doubles amid Covid-19 upheaval
NEW YORK (AFP) – Goldman Sachs reported another blowout quarter on Tuesday (Jan 19) to conclude a highly profitable 2020 despite the coronavirus pandemic, which …
US stocks gain on inauguration eve, Yellen call for stimulus
NEW YORK (AFP) – Wall Street stocks won solid gains on Tuesday ((Jan 19) as markets anticipated the presidential inauguration of Joe Biden while Biden’s …
Malaysia files WTO complaint over EU palm oil restriction
GENEVA (AFP) – Malaysia has filed a complaint with the World Trade Organisation (WTO) over European Union rules affecting the consumption of palm oil-based biofuels, …
OUE C-Reit to divest 50% of OUE Bayfront to Allianz fund for $1.27 billion
SINGAPORE (THE BUSINESS TIMES) – The manager of OUE Commercial Real Estate Investment Trust (OUE C-Reit) has agreed to divest a 50 per cent stake …
Qatar sovereign wealth fund plans Asia push to diversify from Europe, US
DOHA (BLOOMBERG) – Qatar’s sovereign wealth fund is looking east for deals in an effort to diversify an investment portfolio heavily weighted toward North America …
Scion of Singapore’s richest clan strives to salvage China deal
SINGAPORE (BLOOMBERG) – Pressure is mounting on an heir to Singapore’s biggest family fortune as he seeks to salvage the property investment at the centre …
HSBC chairman gives hints of looming strategy revamp
LONDON (BLOOMBERG) – HSBC Holdings plans to accelerate its expansion across Asia in its imminent strategy refresh, according to chairman Mark Tucker. Mr Tucker said …
IMF chief sees ‘high degree of uncertainty’ in global outlook
WASHINGTON (REUTERS) – The head of the International Monetary Fund on Monday (Jan 19) said the global lender needed more resources to help heavily indebted …
China defies odds to post positive economic growth in 2020, but is this sustainable?
BEIJING – China’s economy steamed to a solid ending last year, beating most estimates to finish its final quarter with 6.5 per cent growth. In …
Boustead Projects bags $130m green loan from UOB
SINGAPORE (THE BUSINESS TIMES) – Mainboard-listed real estate player Boustead Projects on Monday said it has obtained its first green loan of about $130 million …