YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push

YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push

[SINGAPORE] Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding orders with three Chinese shipyards for a total of 16 vessels. It comprises six firm orders with an option for another 10 vessels. A newbuilding order refers to a formal contract placed by a shipowner with a shipyard to construct an…

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Maybank initiates ‘buy’ coverage on Soon Hock with S$0.75 target

Maybank initiates ‘buy’ coverage on Soon Hock with Salt=

[SINGAPORE] Maybank Research has initiated coverage on industrial real estate specialist Soon Hock Enterprise with a target price of S$0.75, citing strong visible earnings from its development pipeline and a strengthening manufacturing sector. The target price represents a potential upside of about 20 per cent from the counter’s closing price of S$0.63 on Tuesday (Jan…

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Billionaire Bill Ackman defends controversial $10K donation to ICE agent who fatally shot Renee Nicole Good

Billionaire Bill Ackman defends controversial K donation to ICE agent who fatally shot Renee Nicole Good

Billionaire Bill Ackman doubled down on his decision to leave a $10,000 donation on a GoFundMe campaign supporting the federal immigration agent who shot and killed anti-ICE activist Renee Nicole Good — but admitted he didn’t “do any due diligence on the case” before seeking out the fundraiser. Ackman, 59, openly admitted to leaving the…

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Gold near record-highs as softer US inflation fuels Fed rate-cut bets

Gold near record-highs as softer US inflation fuels Fed rate-cut bets

GOLD rose on Wednesday, holding near record highs set in the previous session, while silver set another all-time high, nearing the US$90 mark, as softer-than-expected US inflation readings cemented US interest rate cut bets. Spot gold rose 0.6 per cent to US$4,615.85 per ounce as of 0211 GMT. Bullion hit a record high of US$4,634.33 per ounce on…

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