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Monsanto could take lead role in agchem acquisitions: executives

Monsanto could take lead role in agchem acquisitions: executives

ST. LOUIS: Monsanto Co. executives are discussing whether they should acquire rivals, including top pesticide maker Syngenta AG, company executives said on Tuesday, as talk of consolidation continues in the global agrochemical industry. “We’ve had conversations inside” about Syngenta and other agricultural companies, Monsanto President Brett Begemann said at an investor meeting at its headquarters […]

November 18, 2015 | By | Reply More
Norfolk Southern hostile to Canadian Pacific's US$28.4 billion bid

Norfolk Southern hostile to Canadian Pacific's US$28.4 billion bid

REUTERS: U.S. railroad operator Norfolk Southern Corp all but rejected a US$28.4 billion acquisition offer by Canadian Pacific Railway Ltd on Tuesday, calling it “low-premium” and warning it would face significant regulatory hurdles. While Norfolk Southern said it would carefully evaluate the offer, its sour response represents a setback to Canadian Pacific as well as […]

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Oil drops as glut woes return

Oil drops as glut woes return

NEW YORK: World oil prices dropped Tuesday after Monday’s one-off gain as supply forces continued to dominate the market. Moderate autumn temperatures in the United States have raised expectations for another increase in US commercial crude stockpiles in the country this week, keeping the downward pressure on prices. Another rise in the dollar also crimped […]

November 18, 2015 | By | Reply More
MRCB looking at funding options

MRCB looking at funding options

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) may hive off some of its assets, including its stake in the Eastern Dispersal Link (EDL) Expressway in Johor, as it looks for another source of funding next year. The concession is worth more than RM1.2 billion and selling its stake will help MRCB partially finance the new […]

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Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

KUALA LUMPUR: The ringgit opened lower in early trade against the US dollar as the greenback firmed near its seven-month high versus a basket of major currencies. At 9.20am, the ringgit was quoted at 4.3850/3900 against the US dollar from 4.3800/3870 on Tuesday. A dealer said the US dollar gained amid a weak euro on […]

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Perpetual debt the new equity for landlords in Singapore

Perpetual debt the new equity for landlords in Singapore

SINGAPORE: Landlords in Singapore are loading up on bonds masked as equity to get around new rules curbing their debt amid a property slump, with data from Fitch Ratings showing real estate investment trusts (REITs) having issued a record S$700 million of perpetual notes with no set maturity date thus far this year. The Monetary […]

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Toyota says its fuel-cell vehicle gaining traction in California

Toyota says its fuel-cell vehicle gaining traction in California

LOS ANGELES: Toyota Motor Corp’s hydrogen fuel-cell vehicles are gaining traction in California, where 22 of the company’s Mirai cars have been delivered in its first month of availability, company officials said on Tuesday. Toyota has ambitious plans to sell 30,000 fuel-cell vehicles globally by 2020, ramping up from an expected 2,000 next year. Fuel-cell […]

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Analysis on top 10 online shopping sites in Malaysia

Analysis on top 10 online shopping sites in Malaysia

We have shortlisted top 10 online shopping sites (e-marketplaces) in Malaysia recently, here we are going to analyze the site engagement and traffic sources of these popular e-commerce websites. First of all, let’s recap the top 10 list below in terms of visits, time on site, page views and bounce rate. Do take note that this is […]

November 18, 2015 | By | Reply More
Singapore, China trade to focus on capital markets

Singapore, China trade to focus on capital markets

SINGAPORE: The Republic and China will place greater focus on capital markets as they enter the next phase of financial cooperation, which can include the city-state partnering with key Chinese cities such as Shanghai to boost growth, a top Monetary Authority of Singapore (MAS) official said on Tuesday (Nov 17). Speaking at the inaugural Singapore-Shanghai […]

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Asian shares tentative, dollar shines on Fed outlook

Asian shares tentative, dollar shines on Fed outlook

TOKYO: Asian share markets were cautious on Wednesday as another bomb scare in Europe days after the deadly Paris attacks left investors in a contemplative mood, giving a boost to safe-haven U.S. bonds and the dollar. The greenback held firm at seven-month highs against a basket of currencies as U.S. economic data also backed up […]

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