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Markets

NYSE says starting process to delist 3 China telco companies

The New York Stock Exchange is starting the process of delisting securities of three Chiense telecom companies, China Telecom Corporation Limited, China Mobile Limited and China Unicom (Hong Kong) Limited, it said in a statement https://ir.theice.com/press/news-details/2020/NYSE-to-Commence ...

Markets

Nissan Motor to close Avila plant, cut East Europe distribution channels in 202: Yomiuri

Nissan Motor plans to cut its distribution channels in East Europe this year as part of a global turnaround plan, the daily Yomiuri newspaper reported on Friday.

Markets

Keppel ‘cautiously optimistic’ about 2021; looks to asset-light approach, third party co-investments

KEPPEL Corporation chief executive Loh Chin Hua says he is "cautiously optimistic" about 2021, after what has been a tumultuous year for both the company and the broader global economy.

Markets

Nissan Motor to close Avila plant, cut East Europe distribution channels in 2021-Yomiuri

Nissan Motor plans to cut its distribution channels in East Europe this year as part of a global turnaround plan, the daily Yomiuri newspaper reported on Friday.

Markets

US stocks in 2020: a year for the history books

The year 2020 was a wild one for Wall Street, bookended by the end of the longest bull market in history with the battering of equities by the COVID-19 shutdowns, and a bungee-cord rebound on hopes for economic recovery that resulted in the shortest bear market on record.

Markets

Trial to import electricity from Malaysia a ‘useful first step’ as Singapore prepares to connect with regional grid: Experts

SINGAPORE: A trial which will see Singapore import electricity from Peninsular Malaysia will be a "useful first step" in preparation for further moves to connect to the regional power grid, said experts. Announced in late October, the trial will see Singapore import 100 megawatts (MW) of ...

Markets

Commentary: UK’s approval of the Oxford-AstraZeneca could be seriously helpful

More than 2.5 billion doses have been ordered worldwide of the Oxford-AstraZeneca vaccine, providing a ray of hope in the fight against the pandemic, says a University of Southampton observer.

Markets

US dollar weakening to extend into 2021, lends strength to Singdollar

THE Singapore dollar (SGD) is expected to strengthen in 2021 as improvement in global risk appetite continues to weigh on the US dollar (USD).

Markets

Investors left in the lurch as investment platform CoAssets runs into trouble

THE Monetary Authority of Singapore (MAS) will review and take necessary action if CoAssets' licensed subsidiary - now known as CA Funding - has breached regulations.

Markets

Singapore bank lending ticks up in Nov after eight-month decline

SINGAPORE's bank lending inched up slightly in November to reverse an eight-month decline on continued growth in consumer loans.

Markets

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