Julius Baer CEO steps down, bank to exit private debt business and cut 250 jobs

By Admin 01/02/2024

The Straits Times Business News February 01, 2024 5:10 PMIt reported net credit losses of 586 million Swiss francs (S$910.3 million) Go to Source 01/02/2024 – 12:02 / Twitter: @hoffeldtcom

India’s factory growth hits four-month high in January on robust demand

By Admin 01/02/2024

The Straits Times Business News February 01, 2024 2:10 PMThe HSBC final India Manufacturing PMI rose to 56.5 in January from December’s 18-month low of 54.9 Go to Source 01/02/2024 – 09:02 / Twitter: @hoffeldtcom

Annual house price fall biggest in over 10 years

By Admin 01/03/2023

BBC News – Business House prices fell 1.1% in the year to February, the worst performance since 2012 outside the pandemic. Go to Source 01/03/2023 – 09:08 / Twitter: @hoffeldtcom

Singapore stocks close flat on Tuesday amid mixed regional performance

By Admin 28/02/2023

The Straits Times Business News February 28, 2023 6:26 PMSINGAPORE – Local shares ended little changed on Tuesday (Feb 28) as regional markets saw mixed trading. Go to Source 28/02/2023 – 12:04 / Twitter: @hoffeldtcom

Sembmarine calls for trading halt pending announcements

By Admin 28/02/2023

The Straits Times Business News February 28, 2023 9:27 AMSINGAPORE – Sembcorp Marine (Sembmarine) halted the trading of its shares on Tuesday, pending the release of announcements. Go to Source 28/02/2023 – 03:05 / Twitter: @hoffeldtcom

Olam H2 profit falls 24.5% on higher net financing costs

By Admin 27/02/2023

The Straits Times Business News February 27, 2023 8:46 AMSINGAPORE – For the second half-year ended Dec 31, 2022, agri-business Olam Group’s net profit fell 24.5 per cent to about $200 million from $264.9 million a year earlier. Go to Source 27/02/2023 – 03:02 / Twitter: @hoffeldtcom

Standard Chartered in talks to lend on behalf of Credit Suisse spin-off

By Admin 26/02/2023

The Straits Times Business News February 26, 2023 2:33 PMLONDON – Standard Chartered is in talks to support the leveraged-finance business of Credit Suisse Group’s investment-banking spin-off, according to sources familiar with the matter. Go to Source 26/02/2023 – 09:00 / Twitter: @hoffeldtcom

Me & My Money: Finding a gem in her jade jewellery business

By Admin 26/02/2023

The Straits Times Business News February 26, 2023 5:00 AMThe Gen.K Jewelry founder started making accessories as a hobby. The firm has a seven-figure annual turnover. Go to Source 26/02/2023 – 00:11 / Twitter: @hoffeldtcom

World’s third-largest IPO this year declines in Jakarta debut

By Admin 24/02/2023

The Straits Times Business News February 24, 2023 2:28 PMJAKARTA – PT Pertamina Geothermal Energy slumped in Jakarta during its trading debut after a 9.06 trillion rupiah (S$800 million) initial public offering, Indonesia’s largest over the past year. Go to Source 24/02/2023 – 09:03 / Twitter: @hoffeldtcom

Peru becomes first Pacific Alliance member to ratify bloc’s trade deal with Singapore

By Admin 23/02/2023

The Straits Times Business News February 23, 2023 9:05 PMSINGAPORE – Peru has become the first of the four Latin American nations in the Pacific Alliance bloc to ratify a free-trade deal with Singapore. Go to Source 23/02/2023 – 15:02 / Twitter: @hoffeldtcom