SYNERGIE : SYNERGIE announces the release of its 2023 Annual Financial Report

Reuters
Shell to sell Singapore refinery, petchem assets to Chandra Asri and Glencore
SINGAPORE (Reuters) -Shell said on Wednesday it has agreed to sell its refinery and petrochemical assets in Singapore, Asia's main oil hub, to a joint venture between Indonesian chemicals firm Chandra Asri and Swiss miner and commodities trader Glencore. Reuters reported last August that Shell had hired Goldman Sachs to explore a potential sale of its refining and petrochemical plants in Singapore as part of a broader strategic review globally to become a lower-carbon operator.
Simply Wall St.
Q & M Dental Group (Singapore) (SGX:QC7) shareholders have endured a 48% loss from investing in the stock three years ago
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
The Smart Investor
UOB Profit Dips, Maintains Optimistic Outlook for 2024: 5 Highlights from the Bank’s Latest Earnings
UOB is the second Singapore bank to report its earnings. The post UOB Profit Dips, Maintains Optimistic Outlook for 2024: 5 Highlights from the Bank’s Latest Earnings appeared first on The Smart Investor.
Barrons.com
Bitcoin Drops. Why Almost Everyone Was Wrong About the ‘Halving.’
The halving is a change to Bitcoin’s programmatic monetary policy which cut in half the issuance of new tokens, restricting supply.
BBC
FTX says it has billions more than owed to victims
The failed cryptocurrency giant says it has billions of dollars more than needed to cover its debts.
Reuters
China's Country Garden aims to pay missed coupons by next week
HONG KONG (Reuters) -Embattled Chinese property developer Country Garden said it was unable to pay two onshore coupons due on Thursday, but China Bond Insurance Co would do so on its behalf if it missed paying within a grace period that ends next week. Such a move would be the first time the state-owned company has come to the rescue of an issuer under a Beijing-led programme launched in 2022 to bolster investor confidence, and analysts warned it could make future issuance harder. Country Garden, which defaulted on its $11 billion of offshore bonds and extended other onshore bond repayments late last year, said in a filing it was unable to pay onshore coupons due on Thursday, though it was still trying to raise funds.
Robb Report
Defrauded FTC Customers Are Getting All of Their Money Back—Plus Interest
Sam Bankman-Fried's failed company has come up with the $8 billion that clients lost when the crypto exchange went bankrupt.
Reuters SG
Singapore's DBS appoints Ping An Technology CEO as chief information officer
Singapore's biggest bank DBS Group said on Wednesday that it has appointed Ping An Technology's chairman and CEO Eugene Huang as its chief information officer (CIO) effective Friday. Huang, who is joining from Ping An Group, has over 36 years of technology and banking experience and will report to DBS Group CEO Piyush Gupta in his new role, DBS said in a statement on Wednesday. "His immediate focus will be to build on the work the bank has done since last year to strengthen our technology resiliency," Gupta said in the statement.
Fortune
This is the Amazon everyone should have feared
Amazon's financial results are letting it both invest aggressively in its future while its business pumps out real profits.
The Smart Investor
4 US Growth Stocks That Can Lift Your Portfolio to New Heights
Looking for capital gains? These four growth stocks may just be right for your portfolio. The post 4 US Growth Stocks That Can Lift Your Portfolio to New Heights appeared first on The Smart Investor.
INSIDER
The US dollar is so strong that China's central bank, among others, just keeps loading up on gold
Not just China, but other central banks, including Turkey and India, are loading up on gold amid a stronger US dollar.
Benzinga
How Much Cash Can A $300,000 Annuity Generate For Me Each Month?
Imagine having a reliable source of income you can count on throughout your retirement. That’s the promise of an annuity. These insurance products have been designed to turn your savings into a steady stream of monthly payments. They guarantee peace of mind and financial security in your golden years. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. An
Simply Wall St.
Individual investors own 32% of 17LIVE Group Limited (SGX:LVR) shares but private equity firms control 40% of the company
Key Insights 17LIVE Group's significant private equity firms ownership suggests that the key decisions are influenced...
Yahoo Finance
Starbucks founder Howard Schultz says company needs to 'overhaul' strategy as troubles mount
Howard Schultz has weighed in on Starbucks recent troubles, but there are no leadership changes in the works.
AFP News
Japanese auto giant Toyota posts record net profit
Toyota reported record annual net profit of more than $30 billion on Wednesday but the world's largest automaker by sales warned that the current year would be less spectacular.For this year it expects net profit of 3.57 trillion yen, down 27.8 percent, because of investments in "growth areas" such as electric and hydrogen cars, as well as in "human capital".
The Hill
Extending Trump’s tax cuts would cost US trillions of dollars in new forecast
The Congressional Budget Office (CBO) projected in a new report that the extension of tax cuts passed as part of former President Trump’s signature 2017 tax law could add trillions of dollars to the nation’s deficits over roughly the next decade. Citing numbers from the Joint Committee on Taxation, the CBO said Wednesday that the…
The Telegraph
London’s stock market collapse is ‘massively overstated’, says Hunt
Concerns over the demise of London’s stock market are “massively overstated”, Jeremy Hunt has said.
Reuters
Shell's Singapore refinery sale and its market significance
Oil giant Shell said on Wednesday that it has agreed to sell its Bukom refinery in Singapore - one of the world's largest oil refining and trading centres - to a joint venture of Indonesian chemicals firm PT Chandra Asri and global trading house Glencore, culminating a process that began last year. WHY IS SHELL SELLING ITS SINGAPORE "CROWN JEWEL" REFINERY?
Reuters
Trafigura to buy more of Greenergy in renewable portfolio boost
(Reuters) -Global commodity trader Trafigura has agreed to buy more of UK-based biodiesel firm Greenergy, boosting its position in renewable energy after unveiling plans to acquire the firm's European business roughly two months ago. Major commodities traders are still trying to figure out where to invest their record earnings from the last few years. Trafigura on Wednesday expanded its deal with Brookfield Asset Management and its listed affiliate Brookfield Business Partners to buy Greenergy's Canadian business for an undisclosed sum.
Benzinga
Warren Buffett Paid $1.7 Billion For A Business Without Ever Meeting Its Founders By Using The 'Most Important' Thing in Business
Warren Buffett is known for his astute business practices and hardball negotiation tactics. His company, Berkshire Hathaway Inc., is one of the largest conglomerates and investment companies in the world. It has acquired dozens of companies over the years with over 75 wholly owned or controlled subsidiaries. It owns shares valued at billions of dollars in companies like Apple Inc., Amazon.com Inc., Mastercard Inc. and others. Buffett amassed his incredible portfolio and his company’s nearly $1 t

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SYNERGIE : SYNERGIE announces the release of its 2023 Annual Financial Report

Latest stories

Shell to sell Singapore refinery, petchem assets to Chandra Asri and Glencore

Q & M Dental Group (Singapore) (SGX:QC7) shareholders have endured a 48% loss from investing in the stock three years ago

UOB Profit Dips, Maintains Optimistic Outlook for 2024: 5 Highlights from the Bank’s Latest Earnings

Bitcoin Drops. Why Almost Everyone Was Wrong About the ‘Halving.’

FTX says it has billions more than owed to victims

China's Country Garden aims to pay missed coupons by next week

Defrauded FTC Customers Are Getting All of Their Money Back—Plus Interest

Singapore's DBS appoints Ping An Technology CEO as chief information officer

This is the Amazon everyone should have feared

4 US Growth Stocks That Can Lift Your Portfolio to New Heights

The US dollar is so strong that China's central bank, among others, just keeps loading up on gold

How Much Cash Can A $300,000 Annuity Generate For Me Each Month?

Individual investors own 32% of 17LIVE Group Limited (SGX:LVR) shares but private equity firms control 40% of the company

Starbucks founder Howard Schultz says company needs to 'overhaul' strategy as troubles mount

Japanese auto giant Toyota posts record net profit

Extending Trump’s tax cuts would cost US trillions of dollars in new forecast

London’s stock market collapse is ‘massively overstated’, says Hunt

Shell's Singapore refinery sale and its market significance

Trafigura to buy more of Greenergy in renewable portfolio boost

Warren Buffett Paid $1.7 Billion For A Business Without Ever Meeting Its Founders By Using The 'Most Important' Thing in Business