Culture
STI gains ground on Wednesday, bucking regional indices
[SINGAPORE] The Straits Times Index (STI) continued to gain ground, bucking regional indices on Wednesday (Apr 16). The STI closed up 1 per cent or 37.73 points at 3,662.45.Across...
Candy maker YLF scraps plan to list on SGX
It would have been the second company to launch an IPO on the local bourse this year[SINGAPORE] Candy maker YLF Group Marketing has withdrawn its plans to list on...
PwC exits more than a dozen countries to avoid scandals: FT
Published Wed, Apr 16, 2025 · 02:13 PM[BENGALURU] PwC has shut down operations in more than a dozen countries that are deemed too small, risky or unprofitable, as the...
Latest Singapore 1-year T-bill cut-off yield falls to 2.29%
[SINGAPORE] The Republic’s latest one-year tranche of Treasury bills (T-bills) is offering a cut-off yield of 2.29 per cent, according to auction results released by the Monetary Authority of...
Indonesia hikes mining royalties to fund Prabowo policies
[LONDON] Indonesia has raised the royalty rate to be paid by nickel, tin and other metal producers as the government searches for ways to fund President Prabowo Subianto’s ambitious...
China Southern is said to mull Hong Kong IPO of cargo unit
The deal may be coming at a tricky time for the company, which relies on Chinese exports that are under threat because of the country’s trade war with the...
Hong Kong postal service halts US parcels on tariff ‘bullying’
The move comes as Trump’s tariff offensive on China increasingly affects the former British colony, which typically enjoys favourable treatment in trade matters due to its semiautonomous statusPublished Wed,...
CNMC Goldmine shares spike 7% as gold hits record high
[SINGAPORE] Shares of CNMC Goldmine spiked over 7 per cent on Wednesday (Apr 16) morning, as spot gold climbed to a record high.At 9.45am, the counter traded at S$0.455,...
Gold hits record high on economic growth concerns
[BENGALURU] Gold prices raced to an all-time high on Wednesday (Apr 16), driven by a weaker US dollar, trade war tensions and concerns over global economic growth due to...
Stocks to watch: SIA, Sats, Sinarmas Land, Japfa, Aztech, Sabana Reit, LHN, Oiltek
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 16).Singapore Airlines (SIA): SIA and its low-cost arm Scoot reported a 0.8...
