Singapore markets closed

  • Straits Times Index

    3,269.27
    -32.69 (-0.99%)
     

  • Nikkei

    28,546.98
    +727.65 (+2.62%)
     

  • Hang Seng

    20,175.62
    +93.19 (+0.46%)
     

  • FTSE 100

    7,500.89
    +34.98 (+0.47%)
     

  • BTC-USD

    24,511.58
    +384.00 (+1.59%)
     

  • CMC Crypto 200

    574.64
    +3.36 (+0.59%)
     

  • S&P 500

    4,280.15
    +72.88 (+1.73%)
     

  • Dow

    33,761.05
    +424.38 (+1.27%)
     

  • Nasdaq

    13,047.19
    +267.27 (+2.09%)
     

  • Gold

    1,818.90
    +11.70 (+0.65%)
     

  • Crude Oil

    91.88
    -2.46 (-2.61%)
     

  • 10-Yr Bond

    2.8490
    -0.0390 (-1.35%)
     

  • FTSE Bursa Malaysia

    1,506.19
    +0.63 (+0.04%)
     

  • Jakarta Composite Index

    7,129.28
    -31.11 (-0.43%)
     

  • PSE Index

    6,699.66
    +18.98 (+0.28%)
     

Beans barely in the teens as crude oil and live cattle futures surge

In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • BZ=F
  • HE=F
  • CL=F
  • NG=F
  • LBS=F
  • ZS
  • GF=F

Yahoo Finance’s Jared Blikre breaks down Tuesday’s market action.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting

Latest stories

  • US tells India that Indian ship used to reroute Russian-linked fuel to New York

    NEW DELHI (Reuters) -The United States has expressed concern to India that it was used earlier this year to export fuel made from Russian crude to New York through high-seas transfers, a top Indian central banker said on Saturday. U.S. sanctions on Russia for its February invasion of Ukraine prohibit imports to the United States of Russian-origin energy products including crude oil, refined fuels, distillates, coal and gas. "You know that there are sanctions against people who are buying Russian oil, and this was reported to us by the U.S. Treasury," Reserve Bank of India Deputy Governor Michael Patra told an audience of government officials and figures in finance and banking.

  • Singapore's Olam profit inches up, but higher costs weigh

    Commodity trader Olam Group Ltd on Friday posted a marginal rise in net profit for the first half of fiscal 2022, as a weak performance in the food ingredients unit partially countered strong showing in its Olam Agri business. "The significant demand growth rate and pick-up seen in H2 2021 has slowed down in H1 2022 after the geopolitical crisis, accompanied by the hard pandemic lockdowns in China," Olam said. Olam Agri, which trades grains and animal feed, edible oils, rice, cotton and commodity financial services, still posted a 49.4% jump in its first-half operating profit.

  • Golden Agri's 1HFY2022 earnings surge 154% to US$390 mil on the back of higher CPO prices

    GAR’s revenue rose 23.3% to US$5.5 billion compared to US$4.45 billion recorded in 1HFY2021.

  • Stock markets still buoyed by US inflation data

    Stock markets rose on Friday, still riding the positive US inflation data earlier this week as investors mull over the size of the next interest rate move by the US Federal Reserve.

  • RHB revises down CPO price assumptions, lowers target prices of planters under coverage

    Given expectations of volatile CPO prices, RHB is favouring Wilmar due to its integrated and diversified business model.

  • Keppel, unit to invest in German offshore wind farm in renewables push

    Singaporean conglomerate Keppel Corp said on Friday it would spend 305 million euros ($314.7 million) along with a unit for a 50.01% stake in a special purpose vehicle (SPV) that owns 50% of Borkum Riffgrund 2, an offshore wind farm in Germany. The deal comes as companies race to increase their exposure to renewable energy assets which have risen in prominence in recent years amid a global push towards clean and sustainable energy. "The transaction further accelerates the growth of the group's exposure in renewable energy assets," Keppel said in a statement, adding that it would have a total renewable energy portfolio of about 2.2 gigawatts after the investment was completed.

  • Million-dollar mindset

    Rayne Chua, associate division director at PropNex and leader of Rayne Chua Division, has successfully managed to ‘fast-track’ her way into retirement through property. Now, the 2021 PropNex Millionaire Achiever wants to help her clients do the sameReal estate in Singapore has long been regarded as a stable and rewarding asset, especially when prices of properties have been rising in the land-scarce city state.“I think everyone should aspire to own a property under their own name,” says Rayne Ch

  • CDG declares interim dividend of 2.85 cents and special dividend of 1.41 cents amid 30.4% 1HFY2022 earnings growth

    The interim dividend will be paid on Aug 29.

  • Sembcorp Marine cuts losses as easing COVID curbs aid project deliveries

    Singapore's Sembcorp Marine Ltd (Sembmarine) said on Friday its half-year loss narrowed 78% from a year earlier, as the oil rig builder finished delayed projects after pandemic curbs were eased while also benefiting from cost management. The company said its overall order visibility has improved on the back of rising oil prices and renewed concerns about energy security amid geopolitical tensions. Sembmarine has been a loss-making business since it posted an annual loss in 2018, in an industry plagued by oil price volatility, a drop in new orders, and the pandemic's impact.

  • UOL chief investment and asset officer Jesline Goh resigns; Neo Soon Hup appointed COO

    Jesline Goh was appointed UOL Group chief investment and asset officer on Jan 1, 2019 (Photo: Samuel Isaac Chua/EdgeProp Singapore)On August 12, UOL Group announced the resignation of chief investment and asset officer Jesline Goh Hwee Peng. Goh, 49, will be leaving the firm with effect from September 11, 2022. The reason for Goh’s resignation was “to attend to personal commitments”, according to the SGX announcement.Goh had been in her current role since January 1, 2019. Her responsibilities in

  • India's July inflation eases to 6.71% as some commodity prices fall

    India's consumer inflation dipped to 6.71% in July, easing for the third month in a row, helped by a slower increase in food and fuel prices and adding to expectations that the central bank may rein in the pace of its policy rate hikes next month. The year-on-year figure, published on Friday by the National Statistics Office, was marginally lower than the 6.78% forecast by economists in a Reuters poll. Economists said they expect the Reserve Bank of India (RBI) to raise its policy rate by at least 25 basis points next month as inflation was likely to remain above its tolerance band through this calendar year.

  • Maisonette at Pine Grove selling for $2 mil

    Pine Grove is a 99-year leasehold condominium complex that was completed in 1984 (Picture: SRI)SINGAPORE (EDGEPROP) - A three-bedroom maisonette apartment at Pine Grove is on the market with a guide price of $2 million, or $1,199 psf, as an owner’s sale. Located off Ulu Pandan Road in District 21, Pine Grove is a 99-year leasehold condominium complex that was completed in 1984. A former HUDC development, the 660-unit project comprises multiple blocks spread across a site spanning over 893,000 sq

  • UOL's net profit up 306% in 1H2022 on property development, hospitality

    Artist's impression of AMO Residence, where over 98% of 372 units were snapped up on the first day of launch on Jul 23, 2022 (Picture: UOL Group)On Aug 11, UOL Group reported net of $371 million for the six months to June 30, its 1HFY2022, up 306% y-o-y, on the back of a rebound in hotel operations, all round better business and fair value and other gains of $190 million. Revenue rose 36% to $1.53 billion while group pre-tax profit before fair value and other gains/losses rose 47% y-o-y to $315.

  • HyD holds "Building and Maintaining Highway Infrastructure through Innovation in Highways Department" exhibition in celebration of HKSAR 25th anniversary

    HONG KONG SAR - Media OutReach - 12 August 2022 - To celebrate the 25th anniversary of the establishment of the Hong Kong Special Administrative Region, the Highways Department (HyD) is holding "Building and Maintaining Highway Infrastructure through Innovation in Highways Department" exhibition from today (August 12) to August 21. Members of the public are invited to visit. "The main theme of the exhibition is 'Road Construction and Maintenance - Unleash The Power of Innovation'. Through real-l

  • Chinese solar billionaire doubles fortune despite US sanctions

    After the US government barred imports of Hoshine Silicon products, Luo Liguo and his family have only gotten richer — and they’re expanding operations in Xinjiang

  • 4 Singapore Stocks You Can Buy and Hold Forever

    Here are four stocks you can safely own for the rest of your life. The post 4 Singapore Stocks You Can Buy and Hold Forever appeared first on The Smart Investor.

  • Global stocks rise, U.S. yields fall as inflation slows

    Global equity markets rose while U.S. Treasury yields fell on Friday as investors tempered their expectations of the scale of the Federal Reserve's interest rate raising cycle as falling oil prices helped to cool inflation. Market sentiment has been buoyed by U.S. Labor Department data this week showing a slowdown in consumer and producer prices in July following a series of interest rate hikes by the Fed. "With inflation now backing off, all the managers who stayed in cash and didn't believe we could move off the June lows are now being forced back into the market," said Thomas Hayes, chairman at Great Hill Capital.

  • India bond yields rise as investors focus on auction, inflation data

    Indian government bond yields rose in early trading on Friday, tracking a similar move in U.S. Treasuries, as investors await the weekly auction of bonds and local retail inflation data. It had fallen eight basis points in the last two sessions. U.S. Treasury yields rose, with the 10-year yield climbing 10 basis points on Thursday, as investors bet the Federal Reserve will continue hiking rates as inflation remains high, even though price pressures eased recently.

  • How to Make Responsible, Environmentally Friendly Green Investments to Fight Climate Change

    As climate change becomes a more pressing issue in the minds of the public, there is an increasing financial incentive for companies to be...

  • Philippine tycoon Dennis Uy’s business may face $700 million debt bill

    The business empire of Philippine tycoon Dennis Uy, which recently made headlines with a notice of default, may face nearly $700 million worth of loans maturing this year.