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Mercuria taps Singapore fund manager Envysion for new source of finance
SINGAPORE: Trading house Mercuria and Singapore-based asset manager Envysion Wealth Management have agreed to co-invest in mining and energy projects, as default-hit banks tighten their purse strings and leave commodities firms seeking other funding.
Elon Musk close to surpassing Jeff Bezos as world’s richest person
Elon Musk, the outspoken entrepreneur behind Tesla Inc and SpaceX, kicked off the new year by homing in on a characteristically audacious title: the richest person on the planet.
Property prices in Vietnam to rise 10 per cent in 2021
HANOI (Vietnam News/ANN): Real estate prices in 2021 are expected to increase by 10 per cent over the previous year, said Nguyễn Văn Đính, deputy general secretary of the Vietnam Real Estate Association (VNREA).
Quick take: Techfast falls on diversification move
KUALA LUMPUR: Shares in Techfast Holdings Bhd fell marginally in early trade Thursday amid a weak broader market after announcing plans to diversify into petroleum trading and oil bunkering.
U.S. agricultural futures close mixed
CHICAGO, Jan. 6 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures closed mixed on Wednesday, with corn and soybean rising and wheat slipping.
Cymao unaware of spike in price
KUALA LUMPUR: Cymao Holdings Bhd, whose share price surged to a multi-high of RM1.93 early yesterday, says it is unaware of the spike in price and volume of its shares.
Samsung Q4 profit likely up 33% on chip, display panel sales
SEOUL (Reuters) - Samsung Electronics Co Ltd's December-quarter profit likely rose by a third, as remote working and TV-watching during the pandemic fuelled demand for chips and display panels, offsetting weaker smartphone sales, analysts said.
Cymao unaware of sharp rise in price, volume
KUALA LUMPUR: Cymao Holdings Bhd, whose share price surged to a multi-high of RM1.93 earlier on Wednesday, says it is unaware of the recent spike in its price and volume of the shares.
iPhone supply chain sends bullish signal on 5G after tepid start
iPhone suppliers are racing to meet surging demand for Apple Inc’s 5G handsets after tech-savvy consumers leaped on the first major wireless technology upgrade in a decade.
