Tuesday, April 11th, 2017
NEW YORK (April 11): US stocks extended losses on Tuesday, setting up for their worst day in three weeks in a broad decline as mounting geopolitical tensions drove investors to safe-haven assets.
The White House said on Monday President Donald Trump was open to authorizing additional strikes on Syria if its government uses chemical weapons again or deploys barrel bombs, while North Korea warned of a nuclear attack on the United States if provoked as a US Navy strike group moved towards the western Pacific.
NEW YORK, April 11 ― US stocks edged lower today as rising geopolitical tensions in the Middle East and the Korean peninsula pushed investors to safe-haven assets such as gold. The White House said yesterday President Donald Trump was open to…
(April 11): Siemens AG and Bombardier Inc are in talks to combine their train operations, people familiar with the matter said, potentially creating a business that could better compete with rising competition from China.
The proposed joint venture, which could be worth at least €10 billion (US$10.6 billion), would merge the firms’ train-making and signalling activities, said the people, asking not to be identified because the discussions are private. A deal could come by the middle of the year, one of the people said.
PETALING JAYA (April 11): Cypark Resources Bhd expects to tender for RM1 billion worth of tenders in environmental engineering, waste management, green techology and renewable energy in Malaysia and Singapore during its current financial year.
Chief executive officer Datuk Daud Ahmad said this would bring the green and clean technology solutions provider’s total tender book to around RM3 billion for the year ending Oct 31, 2017 (FY17) against RM2 billion in FY16.
HONG KONG, April 11 ― The Hong Kong government said today first-time home buyers purchasing more than one flat at the same time would be subject to a 15 per cent stamp duty, the latest bid to cool property prices in one of the world’s most…
LONDON, April 11 ― Singapore’s US$344 billion (RM1.5 trillion) GIC led the sovereign investor pack in the first three months of 2017, sealing two of the biggest investments of the quarter. Wealth funds and state pension funds participated in…