Business
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China’s aluminium output hits record, steel below one billion tonnes
CHINESE aluminium output rose to an all-time high last year, climbing above the country’s capacity limit, while steel fell to a seven-year low, underscoring dramatically different prospects for the two…
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Sunway’s RM11 billion IJM bid questioned over Bumiputera rights
Sunway is largely controlled by Malaysian tycoon Jeffrey Cheah Fook Ling, who is ethnic Chinese [KUALA LUMPUR] Sunway’s proposed RM11 billion (S$3.5 billion) takeover of IJM is drawing political scrutiny…
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Bank of Singapore appoints Collins Chin as global CFO
He takes up the new role after having been the head of investor relations at the bank’s parent, OCBC [SINGAPORE] The Bank of Singapore on Monday (Jan 19) announced that…
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Rupiah may sink past record low as fiscal woes erode BI support
The central bank is expected to keep its policy rate unchanged when it meets on Wednesday to anchor the currency [JAKARTA] Indonesia’s rupiah looks poised to weaken past a record…
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Rupiah may sink past record low as fiscal woes erode BI support
The central bank is expected to keep its policy rate unchanged when it meets on Wednesday to anchor the currency [JAKARTA] Indonesia’s rupiah looks poised to weaken past a record…
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Raffles Education seeks shareholder nod for dual sale of China asset, Merchant Road property
Two extraordinary general meetings will be held on Feb 3; share price jumps 21.3% [SINGAPORE] Raffles Education is seeking shareholder approval for the disposals of its college asset in China…
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Petronas names new COO following Sarawak gas dispute: report
The company has also been struggling with declining profits and last year announced it was cutting around 10% of its workforce [KUALA LUMPUR] Petroliam Nasional (Petronas) has appointed Mohd Jukris…
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Gold, silver jump to record highs on Trump tariff threats over Greenland
Spot silver advanced 4.4% to US$93.85 per ounce, after hitting a record high of US$94.08 [BENGALURU] Gold and silver prices surged to record highs on Monday (Jan 19), as investors…
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Philippines makes first natural gas discovery in more than a decade
[MANILA] Philippine President Ferdinand Marcos Jr said on Monday gas and condensate had been found at a well close to the existing Malampaya gas field off the island of Palawan,…
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Making batteries to woofers, GP’s Lo sways to the rhythms of geopolitics and music
[SINGAPORE] If you thought this whole headache of geopolitics roiling business was a recent phenomenon, you need to hear from Victor Lo, the Hong Kong-based business figure, art collector and…
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Billionaires’ wealth hits new peak as their clout grows: Oxfam
BILLIONAIRE wealth surged at three times its recent pace last year to reach its highest level on record, deepening economic and political divides that threaten democratic stability, anti-poverty group Oxfam…
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YZJ Maritime proposes up to 10% share buyback as part of capital management plans
[SINGAPORE] Maritime financial solutions provider Yangzijiang (YZJ) Maritime is proposing a share buyback as part of its broader capital management plans. The mainboard-listed company on Monday (Jan 19) said that…
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Stocks to Watch: SIA, Keppel Reit, Stamford Land, Stamford Tyres
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jan 19): Singapore Airlines (SIA) : The national carrier and Air India have inked…
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Stocks to watch: Yangzijiang Maritime, SIA, Stamford Land, Stamford Tyres, Keppel Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jan 19): Yangzijiang Maritime : The maritime financial solution provider on Monday announced its…
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Stocks to watch: Yangzijiang Maritime, SIA, AEM Holdings, Stamford Land, Keppel Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jan 19): Yangzijiang Maritime : The maritime financial solution provider on Monday announced its…
