Culture
Australian pension funds to expand use of forex hedging as size grows
[SYDNEY] Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the second-largest globally with...
Trump administration orders Delta, Aeromexico to end joint venture by Jan 1
[WASHINGTON] The Trump administration said late on Monday it was ordering Delta Air Lines and Aeromexico to unwind a joint venture by Jan 1 that let the carriers coordinate...
US: Wall Street opens higher as Fed meeting week begins; Tesla climbs
[NEW YORK] Wall Street indexes opened slightly higher on Monday (Sep 15), setting the stage for a week dominated by the Federal Reserve’s policy meeting, while Tesla shares gained...
Trump says companies should report earnings every six months
[WASHINGTON] President Donald Trump said companies should not be forced to deliver earnings reports on a quarterly basis, saying he preferred a six-month schedule he cast as saving businesses...
STI edges down 0.1% on Monday, bucking regional trend
Across the broader market, advancers outnumber decliners 319 to 240 after 1.7 billion shares worth S$1.4 billion change hands[SINGAPORE] The Straits Times Index (STI) inched lower on Monday (Aug...
MAS needs to boost retail share of IPO listings
It would be fairer to retail investors and add to market liquidity given the larger pool of shareholdersI REFER to the commentary “It’s sink or swim time for local...
Jardine C&C subsidiaries to acquire Indonesian gold mining company for US$540 million
Two of its subsidiaries have agreed to acquire Indonesia-incorporated gold mining company Arafura Surya Alam[SINGAPORE] Jardine Cycle & Carriage on Monday (Sep 15) announced that two of its indirect...
Yuan’s gradual advance may offer boost to emerging currencies
CHINA’S new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market (EM) currencies, as investors brace themselves for lower US interest rates.Supporting such expectations is...
Peak number of private equity firms seen running zombie risk
A RECORD number of private equity firms will turn into so-called zombie funds this year, as they struggle to reel in new investor cash, according to Ian Charles, co-founder...
SingPost launches new retail postal service to US in response to import rule changes
The service offers two flat-rate packaging options, with upfront calculation of duties and taxes[SINGAPORE] Singapore Post (SingPost) will from Monday (Sep 15) launch a new postal service to the...
