Entrepreneurship
Chinese jewellers to bear the brunt of gold tax change
The changes will spur more member buying and curb off-book gold trades, pushing volumes to the bourse[SINGAPORE] Chinese jewellers and smaller firms in the gold sector look set to...
CapitaLand Investment and Mapletree Investments mull merger: report
The process is part of recent moves by Temasek-owned entities to evaluate options to reshape portfolio companies into stronger global entities, according to the report[HONG KONG] Two Singapore property...
Jardine C&C’s Astra posts 9-month net income slide of 6% to 24.7 trillion rupiah
[SINGAPORE] Indonesia conglomerate Astra International reported on Friday (Oct 31) that its net income for the nine months ended Sep 30 slid 6 per cent year on year to...
Sheng Siong ends 6.5% higher at record closing price on improved Q3 earnings
The surge comes amid higher third-quarter net profit and its recent expansion moves [SINGAPORE] Shares of supermarket operator Sheng Siong rose on Monday (Nov 3) morning after the mainboard-listed...
India is set to triple rare earth magnets plan to 70 billion rupees
Several overseas suppliers have expressed interest in providing rare earth materials to the South Asian nation[DELHI] India plans to almost triple the size of its incentive programme for rare...
CEO of Singtel-owned Optus says he has no plans to resign in fiery probe into fatal outage
The Australia’s second-largest phone company has been warned it likely faces major financial penalties for the blunder[SYDNEY] Optus chief executive officer Stephen Rue said that he has no plans...
US could hike tariffs if China backtracks on rare earths: Bessent
Such metals are mined in several countries but the Asian nation has a virtual monopoly on processing these metals for industry usability[NEW YORK] US President Donald Trump’s administration is...
Fundamentals driving recent small and mid-cap institutional flows
In H2 up to Oct 30, these stocks record S$472 million in net institutional inflows[SINGAPORE] Singapore is home to more than 240 small and mid-cap (SMID) stocks, each with...
China ends gold tax break in setback for key bullion market
[SINGAPORE] China is scrapping a long-standing gold tax incentive in a potential setback for consumers in one of the world’s top bullion markets.Starting on Nov 1, Beijing will no...
Hedge funds flee bearish oil bets after US sanctions Russia
[NEW YORK] Hedge funds cut their bearish position on Brent crude by the most on record after the US imposed sanctions on Russia’s biggest oil companies, threatening exports from...
