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China tightens rules on new copper smelters to curb overcapacity
China will also encourage copper smelters to sign long-term purchase agreements with global minersCHINA has tightened requirements for building new copper smelters, in its latest attempt to curb relentless...
South Korea’s Mint halts gold bar sales as supply tightens
SOUTH Korea’s Mint has temporarily suspended sales of gold bars, adding to signs of widespread tightness across markets for physical precious metals.The Korea Minting and Security Printing said it’s...
Alibaba’s shares soar after investors buy iPhone AI hopes
ALIBABA Group Holding’s stock surged as much as 8.6 per cent after the Information reported that Apple is working with the e-commerce pioneer to roll out artificial intelligence (AI)...
CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology costs.Shares of...
Gold falls as traders hunker down for US inflation print
GOLD eased on Wednesday (Feb 12), after hitting an all-time high in the previous session on global trade war fears triggered by US President Donald Trump’s new tariffs, as...
Singapore shares rise at Wednesday’s open; STI up 0.5%
SINGAPORE shares began Wednesday (Feb 12) trading in positive territory as markets abroad logged mixed results. As at 9.01 am, the Straits Times Index (STI) was up 0.5 per cent...
Percentage of Singaporeans trading in SGX dives as they chase quick gains, liquidity elsewhere
KELVIN Tan began investing online in 2018, and like many Singaporeans, put all of his money into local stocks. Two years later, he had switched entirely into US equities.“The...
Stocks to watch: SGX, FEHT, Wing Tai, PropNex, First Reit, QAF, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 12).
Singapore Exchange (SGX): The total securities market turnover value on the SGX...
Stocks to watch: SGX, FEHT, Wing Tai, PropNex, First Reit, QAF
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 12).
Singapore Exchange (SGX): The total securities market turnover value on the SGX...
KKR nears US$14 billion for buyout fund in show of momentum
KKR is more than halfway to a US$20 billion money-raising goal for its North America buyout fund, a sign of momentum during a difficult environment for the asset class.The...
