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Ultra-high net worth individuals moving towards impact investing: Credit Suisse

Ultra-high net worth individuals moving towards impact investing: Credit Suisse

SINGAPORE: Ultra-high net worth individuals in the Asia Pacific plan to allocate more funds towards impact investing, over philanthropic donations, according to a report released by Credit Suisse at its annual Philanthropists Forum on Tuesday (Nov 17). With impact investing, they put capital with enterprises that generate a positive social or environmental impact, other than […]

November 17, 2015 | By | Reply More
Wall St. opens higher after Wal-Mart results

Wall St. opens higher after Wal-Mart results

REUTERS: U.S. stock indexes opened higher on Tuesday as better-than-expected earnings from Wal-Mart and Home Depot allayed fears of a retail slowdown after last week’s sharp selloff in the sector. The Dow Jones industrial average rose 12.5 points, or 0.07 percent, to 17,495.51, the S&P 500 gained 1.34 points, or 0.07 percent, to 2,054.53 and […]

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Wall St. set to open higher after Wal-Mart results

Wall St. set to open higher after Wal-Mart results

REUTERS: U.S. stock indexes opened higher on Tuesday as better-than-expected earnings from Wal-Mart and Home Depot allayed fears of a retail slowdown after last week’s sharp selloff in the sector. The Dow Jones industrial average rose 12.5 points, or 0.07 percent, to 17,495.51, the S&P 500 gained 1.34 points, or 0.07 percent, to 2,054.53 and […]

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Kohl's appoints Walgreens marketing head COO

Kohl's appoints Walgreens marketing head COO

REUTERS: Department store operator Kohl’s Corp appointed Walgreens Boots Alliance Inc Chief Marketing Officer Sona Chawla to the newly created position of chief operating officer. Chawla is a potential candidate to succeed Chief Executive Kevin Mansell, Kohl’s said on Tuesday. As COO, Chawla will oversee store operations, supply chain network, information and digital technology, and […]

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Wal-Mart earnings beat expectations; shares up

Wal-Mart earnings beat expectations; shares up

REUTERS: Wal-Mart Stores Inc reported stronger-than-expected quarterly earnings on Tuesday as it booked its fifth straight gain in U.S. same-store sales, sending its shares up nearly 3 percent. Net profit attributable to the world’s largest retailer fell to US$3.304 billion, or US$1.03 per share, in the third quarter ended on Oct 31 from US$3.711 billion, […]

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NSEWL will be 'almost new' by 2018: Khaw

NSEWL will be 'almost new' by 2018: Khaw

SINGAPORE: The process to overhaul the North-South and East-West (NSEWL) line has started and it needs to ramp up its maintenance, Minister for Transport Khaw Boon Wan said in his blogpost on Tuesday (Nov 17). He also called for a focus on “engineering excellence” among the top brass. In his post, Mr Khaw listed the seven […]

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Greece secures deal to unlock €12 billion bailout funds

Greece secures deal to unlock €12 billion bailout funds

ATHENS: Greece announced on Tuesday (Nov 17) it has struck a deal with its international creditors to unblock some €12 billion in much-needed bailout loans. “We have reached agreement on everything, including the 48 additional measures” that should allow the €12 billion (US$12.8 billion) to be paid out on Friday, Finance Minister Euclid Tsakalotos told […]

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Asean Business Investment Summit in KL on Nov 20-21

Asean Business Investment Summit in KL on Nov 20-21

Kuala Lumpur: The Asean Business Investment Summit (ABIS) in back in its 12th edition to be held at the Shangri-La on the 20th and 21st of November, to serve as the central platform for private sector input and discussions on economic issues in the region. Organized by the Asean Business Advisory Council (Asean-BAC), the packed […]

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Home Depot quarterly same-store sales beat estimates

Home Depot quarterly same-store sales beat estimates

REUTERS: Home Depot Inc , the world’s No. 1 home improvement retailer by revenue, reported better-than-expected quarterly same-store sales, helped by strong demand from both retail customers and professional contractors and builders. Consumers spent more on houses, home improvement products, appliances and autos than on discretionary items such as apparel in the August-October quarter, analysts […]

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Home Depot quarterly sales rise 6.4 percent

Home Depot quarterly sales rise 6.4 percent

REUTERS: Home Depot Inc , the world’s No. 1 home improvement retailer by revenue, reported better-than-expected quarterly same-store sales, helped by strong demand from both retail customers and professional contractors and builders. Consumers spent more on houses, home improvement products, appliances and autos than on discretionary items such as apparel in the August-October quarter, analysts […]

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