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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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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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* Asian stock markets : tmsnrt.rs/2zpUAr4 * Nikkei and S&P 500 futures little changed * Markets await BOJ meeting, Trump speech at Davos * Major currencies hold to tight ranges By Wayne Cole SYDNEY, Jan 21 (Reuters) – Asian shares got off to a cautious start on Tuesday lacking any lead from Wall Street and after the IMF shaved its […]
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* 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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(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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* Director General Tony Hall will leave in the summer * Successor will negotiate broadcaster’s future with UK * BBC’s universal funding model questioned by PM Johnson (Adds detail and background) By Paul Sandle LONDON, Jan 20 (Reuters) – The BBC’s most powerful man will step down in six months to allow a new person to lead negotiations with Prime […]
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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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WASHINGTON (Reuters) – The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and other emerging markets but said a U.S.-China trade deal was another sign that trade and manufacturing activity may soon bottom out. The IMF said global growth would reach 3.3% in 2020, compared to 2.9% in 2019, which […]
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On this Martin Luther King Jr. Day, Americans will pause to reflect on the civil rights movement — the progress made and the lingering challenges. Almost 42 years after Dr. King’s untimely passing, the U.S. has made strides toward realizing his vision, but discrimination still exists — both in plain sight and in more subtle ways. It festers in institutions […]
Read more * 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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