Business
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China’s US$7 trillion cash pile is shifting into stocks, gold
With rates now sliding towards 1%, that capital is increasingly looking for a new home CHINESE households are scouring for higher-yielding investments as roughly US$7 trillion in time deposits come…
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Shiseido faces tough turnaround after costly cosmetics stumbles
The company has embraced a turnaround plan that involves drastic cost-cutting and a refocus on its luxury brands [TOKYO] Shiseido, once a formidable challenger to L’Oreal and Estee Lauder Companies,…
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WTI expected to trend higher in near term
WEST Texas Intermediate (WTI) crude prices have staged a modest recovery since the start of the year, rising about 4 per cent year-to-date at the time of writing. After briefly…
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Baltic Exchange Shipping Insights
Capesize The market endured another challenging week, with sentiment steadily weakening across most routes as rates continued to slide. In the Pacific, despite consistent miner participation and generally healthy operator…
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Nasdaq-listed eToro to roll out SGX stocks on platform in Asia expansion push
[SINGAPORE] Nasdaq-listed investment platform eToro is stepping up its focus on the Asia-Pacific as a key area for future growth, with Singapore serving as its hub for regional expansion. It…
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Can the Singapore market support growth stocks?
Despite the STI outperforming the S&P 500 in the last five years, investors continue to cast doubt on buying growth [SINGAPORE] “Can Asians think?” A collection of essays by Singapore…
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Don’t meddle with GIC, Temasek’s mandates
But, more granular information about their performance could help foster trust among their stakeholders [SINGAPORE] Several questions were raised in Parliament last week about whether Singapore sovereign wealth fund GIC…
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Sovereign wealth funds join clamour for private credit in EMs
[LONDON] A record wave of private credit deals across emerging markets (EMs) looks set to extend this year, with a host of institutional and sovereign wealth investors seeking to diversify…
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Indonesia finds wreckage of missing surveillance plane carrying 10, one body
[JAKARTA] Indonesian authorities said on Sunday they had located the wreckage of a fisheries surveillance plane that went missing in South Sulawesi province on the slope of a fog-covered mountain and…
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Hassett says Trump may be right to keep him out as Fed chair
[WASHINGTON] White House economic adviser Kevin Hassett said that US President Donald Trump may well keep him in his current job, which would eliminate him from contention for the next…
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From accountant to IR chief: RWS CEO on why she wants to create ‘a new first impression’
Genting veteran Lee Shi Ruh is leading the massive transformation of the Sentosa integrated resort [SINGAPORE] There is certainly quite a different look and feel at Resorts World Sentosa (RWS)…
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Travis Clark: Former ‘Bringing Up Bates’ Star Admits to Having Affair after Wife Katie Bates Reveals Devastating Pregnancy Loss
Travis Clark, a former cast member of ‘Bringing Up Bates’, has admitted to being unfaithful to his wife, Katie Bates, whom he has been married to for five years. In…
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Jacob Frey: Minneapolis Mayor Tears into Immigration Crackdown by ICE Agents as He Warns of Dangerous Clashes
Minneapolis Mayor Jacob Frey condemned the immigration enforcement push in his city, calling it a federal “invasion,” and warned that it could lead to dangerous confrontations between local police and…
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Rebecca Good: Renee Nicole Good’s Widow Being Investigated by DOJ for Impending ICE Agents Before She Was Shot and Killed
The Department of Justice has launched a criminal investigation into whether the widow of Renee Nicole Good likely interfered with an ICE agent in the moments before he shot and…
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‘No reasons to own’: Software stocks sink on fear of new AI tool
Sell-off has exacerbated an already yawning gap between the performance of software companies and other areas of the tech sector THE new year was supposed to bring opportunities for beaten-down…
