With 2024 being an exceptional year for gold, Daniel Ghali, director of commodities strategy at TD Securities, explains whether 2025 will see similar results as (Bloomberg) — As Canada’s currency weakens, fund managers are leaning into sectors that pay expenses in the local currency while collecting revenue in US dollars. That has made buying stocks
(Bloomberg) — The Philippines on Thursday sold a two-part dollar bond and a euro tranche, capitalizing on a recent drop in borrowing costs abroad. The Southeast Asian nation, which has investment-grade credit ratings, raised $2.25 billion (2.4 billion euros) in dollar-denominated bonds due in 10 and 25 years, along with a €1 billion ($1.04 billion)
The special guaranteed loan scheme has seen over HK$13 billion in bad debts, says Paul Chan. SING TAO Algernon Yau Previous Next Caroline Zheng Hong Kong must be wary of resurrecting a special guaranteed loan scheme for small businesses introduced during the Covid pandemic as it could encourage excessive
New Delhi: In the middle of Defence Minister Rajnath Singh’s US visit, the Joe Biden Administration has approved a $52.8 million sale of sonobuoys for anti-submarine warfare for MH-60R helicopters operated by the Indian Navy. The Defense Security Cooperation Agency has delivered the certification for the possible sale to Congress, and the final commercial agreement
At the launch are, from left, Lily Tan, Sylvia Wong, Willie Lai, Charlene Ng, Theresa Fok, Alfred Sit, Kyran Sze, Pauline Jones and Danny Lau. SING TAO Staff reporter Jade Land Properties has opened its new headquarters at Shui On Centre in Wan Chai. The launch event, held on August 12, also marked the
Paul Chan unveiled plans to issue HK$70 billion worth of retail bonds while presenting the budget earlier this year. Sing Tao Previous Next Staff reporter The Hong Kong government may issue retail bonds for sale as early as late September, after announcing a plan in February to issue
Cryptocurrency ATMs in Hong Kong. BLOOMBERG Bitcoin and ether dived yesterday to multi-month lows as worries over a possible US recession in the wake of soft data gripped financial markets while US Treasuries were among the day’s winners as investors rushed to safe-haven assets. Bitcoin plunged 13 percent to US$51,560 (HK$401,282) at one time,