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SINGAPORE: Top consumer China has launched a yuan-denominated gold benchmark, as the country took an ambitious step to exert more control over the pricing of the metal and boost its influence in the global bullion market.
OSLO, April 5: Norway's sovereign wealth fund, the world's largest, will streamline its US$300 billion fixed-income portfolio by cutting emerging market bonds from the benchmark index it tracks, the Finance Ministry said on Friday.
GEORGE TOWN: Angleton, Texas-based Benchmark Electronics Inc sees the Asia-Pacific market demand for the company’s products growing faster than Europe’s.
A battle among shareholders over Uber Technologies Inc escalated on Thursday as some investors sought to fight a lawsuit by shareholder Benchmark Capital against ousted chief executive Travis Kalanick.
When Benchmark Capital filed a lawsuit against Travis Kalanick for using allegedly fraudulent means to pack the Uber board with his loyalists, it sent a strong signal that Silicon Valley’s so-called founder-friendly era is coming to an end.
JAKARTA: Indonesia's central bank, which has cut its benchmark interest rate at all three meetings so far this year, is expected to hold it steady on Thursday.
China is making its third attempt in two years to have a bigger say in pricing iron ore. This time it may have hit on the winning formula.
SINGAPORE: China's push to establish a crude derivatives contract has been met with early scepticism, but oil executives say the country's growing economic influence means a third global crude benchmark is inevitable.