Asia Top News and Analysis Singapore

  • Wheat also declined, with Chicago Board of Trade futures hitting a one-month low while K.C. and Minneapolis Grain Exchange futures set across-the-board contract lows. As of 12:42 p.m. CDT, CBOT benchmark July corn was down 3-1/ 4 cents at $3.57 a bushel after hitting a contract low at $3.56. CBOT July soybeans were down 6 cents at $8.69-1/ 2 a bushel and July wheat...

  • *Softbank to support Wirecard's growth in Japan, South Korea. BERLIN, April 24- Japan's Softbank Group Corp will invest around 900 million euros in Wirecard in a convertible bond deal that could give it a 5.6 percent stake in the German digital payments company. The two companies also unveiled a strategic partnership in which Softbank will help Wirecard expand...

  • *Announcement of more U.S.- China talks lends some support. PARIS/ SINGAPORE, April 24- Chicago soybeans edged higher on Wednesday, steadying after hitting a 2019 low the previous day, as investors weighed the chances of a U.S.- China trade deal against bumper crop prospects in South America and swine fever in China. The most active soybean contract on the Chicago...

  • LONDON, April 24- Copper and other base metals recovered on Wednesday from the previous day's losses, buoyed by hopes for a U.S.- China trade deal and stronger economic growth in top metals consumer China. The White House said that top U.S. officials will travel to Beijing for trade talks next week, with one leading official expressing optimism about striking a...

  • New research from recruitment firm Randstad found that more than a third of Gen Z employees have "ghosted" a job offer.

  • Jianxiong Xiao, founder and chief executive officer of AutoX Inc., speaks during the Jumpstarter conference in Hong Kong, China, on Thursday, Jan. 24, 2019.

    According to Crunchbase data, start-up AutoX has raised around $43 million in funds, and that includes an investment from China's Dongfeng Motor Group.

  • April 23- Japan's SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter. SoftBank has engaged financial advisers and is working on a deal to acquire bonds that can be converted into Wirecard shares, Bloomberg...

  • Josh Lumsden asks CNBC Make It at what age young people should look to buy their first home.

    Experts share their answers to your biggest money questions.

  • "A more dynamic and liquid LNG market, and the need for greater flexibility by traditional LNG buyers, is providing opportunities for shipping optimisation and trading, and enabling new entrants such as LNG traders," said Saul Kavonic, head of energy research for Australia at Credit Suisse. Royal Dutch Shell, holder of the world's biggest LNG supply portfolio,...

  • *BlackRock to abstain or vote no in AGM approval poll. LONDON/ FRANKFURT, April 23- Bayer's largest shareholder, fund manager BlackRock, will not support the German company's management in a key vote at its annual general meeting on Friday, two people familiar with the situation told Reuters. About 30 billion euros has been wiped off the pesticides and drugs firm's...

  • LONDON/ FRANKFURT, April 23- Fund manager BlackRock will not support Bayer's management in a key vote at its annual general meeting on Friday, two people familiar with the situation told Reuters. About 30 billion euros has been wiped off the German drugmaker's market value since August, when a U.S. jury found Bayer liable because Monsanto, which it bought for $63...

  • LONDON, April 23- Nickel prices hit a two-month low on Tuesday on signs of rising supply, while the wider market was mixed on conflicting signals about China's economy. And nickel ore prices are down to the lowest levels in over a year, "said Colin Hamilton, director of commodities research at BMO Capital in London. Benchmark nickel on the London Metal Exchange was...

  • SINGAPORE, April 23- Singapore Finance Minister Heng Swee Keat was promoted to deputy prime minister on Tuesday, strengthening expectations he will take over as the next leader of the wealthy city-state. The ruling People's Action Party last year named Heng to a key leadership post, a move seen as putting the 57- year-old former head of the central bank in line to...

  • Gold prices fell to a near four-month low on Tuesday as the dollar gained and investors preferred riskier assets, dampening the safe-haven metal's appeal.

  • COLOMBO, SRI LANKA - APRIL 23: Police officers and military personnel guard St Anthony's Shrine on April 23, 2019 in Colombo, Sri Lanka. At least 290 people were killed with hundreds more injured after coordinated attack on churches and hotels on Easter Sunday rocked three churches and three luxury hotels in and around Colombo as well as at Batticaloa in Sri Lanka.

    "We were just about ready to start again, on another hotel ... and now look at what's happened," said Ho Kwon Ping, executive chairman of Banyan Tree Hotels and Resorts.

  • SINGAPORE, April 23- Copper and nickel prices fell on Tuesday as investors worried that China, the world's top metals consumer, may ease stimulus measures after its economy showed some signs of recovery. Three-month copper on the London Metal Exchange fell 0.8 percent to $6,427.50 a tonne by 0707 GMT, while the most active copper contract on the Shanghai Futures...

  • HONG KONG/ TOKYO, April 23- World oil prices jumped to near 6- month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher and boosting currencies of several major crude producers. Brent crude oil futures rose 0.7 percent to $74.57 per barrel by 0630 GMT, their highest since November, after Washington said it...

  • American President Donald Trump seen in between the flags of the U.S. and the European Union,

    With the U.S. and China seemingly nearing the conclusion of a trade deal, many experts have predicted that Washington could next turn up tensions with the European Union.

  • HONG KONG/ BEIJING, April 23- Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, filed on Monday for a U.S. initial public offering through which, sources said, it is looking to raise up to $800 million. The Beijing- based coffee chain set a placeholder amount of $100 million to indicate the size of the IPO and did not disclose the number of shares it would offer,...

  • "Gold is currently trying to find a short-term bottom around $1,274- 1,275 an ounce level, especially as equity markets continue to rally," said Margaret Yang, an analyst with CMC Markets in Singapore. Better-than-expected economic readings from both the United States and China have also assuaged most concerns of a steep global economic slowdown amongst...