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SINGAPORE(Reuters): Singapore's DBS Group Holdings said it has little appetite for acquisitions after a $7.2 billion bid for PT Bank Danamon Indonesia Tbk stumbled, adding that it would instead redouble efforts to expand its existing Indonesian operations.
DUBAI: "Keep calm. There's no bubble", proclaimed a giant poster on a 40-storey building overlooking a Dubai highway, advertising a property finding portal late last year. That may have been true at the time, but the risks are rising.
DUBAI: "Keep calm. There’s no bubble," proclaimed a giant poster on a 40-storey building overlooking a Dubai highway, advertising a property finding portal late last year. That may have been true at the time, but the risks are rising.
NEW YORK: A British Guiana One-Cent Magenta postage stamp from 1856, the only one of its kind to still exist, sold for a record US$9.5 million at Sotheby's on Tuesday.
NEW DELHI: India's palm oil imports rose 22 percent to 654,255 tonnes in May from a month ago, data from the Solvent Extractors' Association of India showed, as buyers stocked up ahead of the Muslim holy month of Ramadan when demand typically peaks.
JAKARTA: Indonesia's industry ministry is considering changes to the country's palm oil export tax system, a government official said on Wednesday, as the top producer and exporter of the edible oil looks to further promote downstream industries.
A combination of mounting bond obligations and a possible change at the helm in Selangor have paved the way for the state and federal governments to hammer out a deal that Mentri Besar Tan Sri Abdul Khalid Ibrahim believes will force the water concessionaires to come to the table.
PETALING JAYA: A big block of shares in Iris Corp Bhd is up for grabs.
WASHINGTON: The United States has slapped new import duties on solar panels and other related products from China after the Commerce department ruled they were produced using Chinese government subsidies, potentially inflaming trade tensions between the two countries.