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Asian Markets

By in Asia on August 4, 2016
ASIA • Markets
Sensex Falls 433 Points; Nifty Dips Below 11,200
August 14, 2020
Indian shares gave up early gains to end lower on Friday, with rate-sensitive bank, auto and financial services firms declining after data showed India's retail inflation inched close to the 7 percent mark in July. Investors also turned cautious on increasing concerns over economic recovery in the...-- Delivered by Feed43 service
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Prosecution of Lim Oon Kuin deepens Hin Leong's woes
August 14, 2020
THE shocking fallout of Singapore's oil trading and offshore empire Hin Leong is deepening. On Friday, its founder, tycoon Lim Oon Kuin was charged with abetment of forgery for the purpose of cheating while separately, he and his two children are facing a S$19 million claim from the court-appointed managers of one of the sprawling group's debt-hit units.
Covid-19 weighs on dividends of Asian companies
August 14, 2020
THE ongoing battle against the economic fallout of the outbreak of Covid-19 has cast greater uncertainty over dividend payouts by companies in the Asia-Pacific.
Eagle Hospitality flags unauthorised loan application, tax delinquency by sponsor
August 14, 2020
THE managers of Eagle Hospitality Trust (EHT) said an unauthorised application was made under the US Paycheck Protection Program (PPP) on behalf of the Queen Mary's master lessor, and that certain master lessees had not paid some taxes.
ST Engineering focuses on ways to ensure sustainability without government support
August 14, 2020
IN ANTICIPATION of the absence of government subsidies next year, Singapore Technologies Engineering (ST Engineering) said it will cut costs to offset headwinds from the Covid-19 pandemic.
ComfortDelGro books H1 loss of S$6m, no interim dividend declared
August 14, 2020
WEAK ridership during the pandemic dragged transport operator ComfortDelGro into the red for the half-year ended June 30, 2020. The group chalked up a net loss of S$6 million against a net profit of S$146.3 million a year ago.
Higher CPO prices to give Golden Agri a lift even as H1 net loss widens to US$156.9m
August 14, 2020
CRUDE palm oil (CPO) producer Golden-Agri Resources (GAR) is banking on a rally in palm oil prices to boost its financial performance in the second half of the year.
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