(Reuters) -Shares of New Zealand’s Synlait Milk Ltd hit a record low on Monday after second-largest shareholder a2 Milk said it was cancelling an exclusive manufacturing and supply rights for so[...]
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September 18, 2023
Marketmind: Chips are down
A look at the day ahead in European and global markets from Vidya Ranganathan. The global chip sector is stealing the spotlight from major central banks, after the world’s top contract chipmaker[...]
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Cash-squeezed developer Country Garden faces another dollar coupon deadline
By Xie Yu HONG KONG (Reuters) – Embattled Chinese property developer Country Garden faces yet another liquidity test with Monday’s deadline to pay $15 million in interest linked to an offs[...]
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Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million
By Scott Murdoch SYDNEY (Reuters) – Three Chinese firms, led by AI software company Beijing Fourth Paradigm, are aiming to raise up to $280 million in Hong Kong initial public offerings launched[...]
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Singapore’s Aug exports fall 20% y/y, more than forecast
SINGAPORE (Reuters) – Singapore’s non-oil domestic exports (NODX) fell 20.1% year-on-year in August, official data showed on Monday, as both electronics and non-electronics exports to the[...]
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KKR to acquire stake in SingTel’s regional data centre unit for $807 million
By Navya Mittal and Yantoultra Ngui (Reuters) -Singapore Telecommunications (SingTel) said on Monday global investment firm KKR will acquire a 20% stake in SingTel’s regional data centre busines[...]
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Codelco ends long-term mined copper deals to China clients from 2025 -sources
By Julian Luk LONDON (Reuters) -Chile’s Codelco is ending long-term contracts to sell copper concentrate to Chinese clients from 2025, bidding to broaden its product offering to them after evalu[...]
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