Entrepreneurship
Disclosures of directors’ fees shot up after change in listing rules: SID report
The number of listcos with independent directors serving more than nine years has fallen to 3.2%[SINGAPORE] The number of listed companies disclosing the remuneration of their board directors has...
India freezes over 75 billion rupees in assets tied to Anil Ambani in bank fraud probe
[MUMBAI] India’s top financial crimes agency said it had seized properties worth over US$846 million from firms linked to beleaguered tycoon Anil Ambani as part of a bank fraud...
BP profit beats expectations, helped by refining margins
It made an underlying replacement cost profit, or adjusted net income, of US$2.21 billion[LONDON] Oil major BP reported a smaller than expected fall in third-quarter underlying profit on Tuesday...
‘Punching above their weight’: the most traded small and mid-caps on SGX this year
22 non-big-cap stocks rank among 100 most traded, driven by industrials, technology and energy sectors[SINGAPORE] While large-cap stocks typically dominate liquidity rankings, small and mid-cap (SMID) companies are breaking...
RBA keeps key rate unchanged over renewed inflation worries
[SYDNEY] Australia’s central bank held its key interest rate steady in a widely anticipated decision, warning of stronger inflationary pressures in the economy and reaffirming that future moves will...
UBS sells US$3.25 billion in first deal since AT1 ruling
[LONDON] UBS Group sold its first bonds since a court decision raised questions about the Swiss lender’s possible exposure to previously cancelled Credit Suisse debt.The bank priced US$3.25 billion...
China aims to revive steelmaking without ordering cuts to supply
[LONDON] China is taking a measured approach to fixing its steel industry, improving the outlook for high-end companies but steering clear of ordering the cuts needed to decisively shrink...
China Aviation Oil shares seesaw on talks of potential merger between parent CNAF and mega refiner Sinopec
[SINGAPORE] Shares of China Aviation Oil (CAO) ended lower despite surging as much as 4.5 per cent on Tuesday (Nov 4) following word of a merger between Sinopec, the...
Malaysian ringgit nears one-year high on rate outlook, growth optimism
The country’s trade-dependent economy has been buoyed by signs that global demand is picking up [KUALA LUMPUR] Malaysia’s ringgit is hovering near its strongest level in a year, supported...
Ringgit nears one-year high on rate outlook, growth optimism
The country’s trade-dependant economy has been buoyed by signs that global demand is picking up [KUALA LUMPUR] Malaysia’s ringgit is hovering near its strongest level in a year, buoyed...
