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Yangzijiang Faces Investor Jitters Over US Port Fees, But Analysts Remain Bullish Singapore-listed Yangzijiang Shipbuilding (Holdings) saw its share price plunge nearly 30% from a peak of $3.30 on Feb 20 to $2.38 on...
Chifeng Gold’s HK$3.3 Billion IPO: Chifeng Jilong Gold Mining Co., Ltd. (06693.HK), a prominent player in the gold mining industry, has launched its initial public offering (IPO) in Hong Kong, aiming to raise up...
For years, gold has been the go-to safe-haven asset, but another precious metal is stealing the spotlight—silver. Dubbed the “poor man’s gold”, silver has not only kept pace with gold over the past year...
📉 The End of Capitalism As We Know It?The MAGA movement, led by Donald Trump and his key allies, is setting its sights on reshaping the U.S. economy—not just with tariffs and deregulation, but...
📈 Strong Earnings & Optimistic OutlookHong Leong Asia (HLA) posted a 4.1% y-o-y revenue growth to $4.25 billion in FY2024, while earnings surged 35.3% to $87.8 million, the highest since FY2011. The growth was...
📈 Strong Financial Performance Amid Rising DemandCenturion Corporation delivered a stellar financial performance for FY2024, driven by higher rental and occupancy rates in its worker dormitories. Revenue surged 22% y-o-y to $253.6 million, while...
📈 Sembcorp Surprises with Dividend Hike & $1B Net ProfitSembcorp Industries has entered a “new normal,” delivering $1.01 billion in adjusted net profit for FY2024, marking a 7% year-on-year (y-o-y) growth and surpassing analyst...
The complex web of ownership within Hong Leong Investment Holdings (HLIH), the financial powerhouse behind the Kwek-Quek clan’s listed entities across Singapore, Malaysia, and Hong Kong, is drawing intense market scrutiny. With speculation of...
BEIJING – Chinese stocks rallied as Beijing set an ambitious 5% economic growth target and pledged stronger support for technology sectors at the National People’s Congress (NPC). The MSCI China Index climbed 2.5%, marking...
In a historic leadership transition, Lim Kok Thay has stepped down as CEO of Genting Berhad after nearly two decades, signaling a new chapter for one of Asia’s largest family-run conglomerates. While he remains...