CDL, CapitaLand, Singtel among world's 100 most sustainable companies

SINGAPORE – Three Singapore companies made it to this year’s list of the world’s 100 most sustainable big corporations, up from two in 2019. Property developers City Developments (CDL)and CapitaLand came in 36th and 63rd respectively, slipping from 25th and 33rd the previous year. Telco Singtel rejoined the list at 95th place, after dropping out last year. It took 63rd […]

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South Korean chip exports rise for first time since 2018

SEOUL (BLOOMBERG) – Early South Korea trade figures for January show the country’s chip exports may be headed for the first monthly gain since late 2018, offering another sign that a recovery in global manufacturing is picking up momentum. Shipments of semiconductors during the first 20 days of the month rose 8.7 per cent from a year earlier, the Korea […]

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UPDATE 1-Euro government bond yields slip before central bank meetings

* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices, adds details) By Olga Cotaga LONDON, Jan 20 (Reuters) – European government bond yields edged lower on Monday ahead of key economic events this week including multiple central bank meetings where the European Central Bank is expected to launch a strategic review including a rethink of an inflation goal. The […]

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Wincrest, net short U.S. stocks, says lofty valuations dangerous

(Reuters) – Emerging markets are the “anti-bubble” to increasingly expensive U.S. stocks, Barbara Ann Bernard, founder and chief investment officer of asset manager Wincrest Capital, said on Monday. Lofty equity valuations of companies like Apple Inc (AAPL.O) were dangerous, Bernard, whose investments include Saudi Arabian gyms and Indian shoe maker Relaxo Footwears Ltd (RLXO.NS), said in an interview in the […]

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Moody's cuts Hong Kong's rating to 'Aa3' as protests continue

Jan 20 (Reuters) – Credit rating agency Moody’s on Monday downgraded Hong Kong’s rating to “Aa3” from “Aa2”, saying its view on the strength in Hong Kong’s institutions and governance is “lower than previously estimated.” The agency, however, moved its outlook to stable from negative. “The absence of tangible plans to address either the political or economic and social concerns […]

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Euro government bond yields largely stable, but Italy dips

* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr By Olga Cotaga LONDON, Jan 20 (Reuters) – European government bond yields traded neutral Monday ahead of key economic events this week such as the World Economic Forum in Davos and European Central Bank meeting. Italian yields, however, were down nearly 3 basis points, continuing declines from last week and hitting a […]

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