commodities

Commodities

Gold's rally to 6-year high spurs people to sell their old Tiffanys and Rolexes

(June 26): Fund managers aren’t the only ones feeling the tailwind from gold’s rally to a six-year high.

Results

CNMC Goldmine announces near-trebling of 1Q earnings to $1.9 mil on higher gold output

SINGAPORE (May 14): CNMC Goldmine Holdings posted earnings of US$1.4 million ($1.9 million) for 1Q19, the group’s highest quarterly profit attributable to shareholders since 3Q16, and nearly triple

Commodities

Gold powers to 6-month high as turmoil spurs demand for haven

SINGAPORE (Dec 31): Gold is rallying into the end of 2018 as turmoil in global equities, the partial US government shutdown and concerns about the outlook for next year stoke demand, lifting prices

Update

CNMC Goldmine's dual listing plans rejected by Hong Kong Stock Exchange

SINGAPORE (Dec 24): CNMC Goldmine Holdings says plans for a dual primary listing in Hong Kong has been rejected by the Mainboard of the Hong Kong Stock Exchange (HKSE).  

In print this week

Will Wilmar's stricter environmental controls bear fruit?

SINGAPORE (Dec 11): Wilmar International last week signed a joint statement with Aidenvironment Asia, a not-for-profit consultancy in the field of sustainable production and trade, to reaffirm its

Funds

World's top activist fund sets eyes on one of Singapore's banks

SINGAPORE (Aug 28): The world’s best-performing activist fund returned 103% in seven months by targeting mainly smaller Asian companies in industries from commodities to engineering and food.

Broker's Calls

Ongoing market uncertainty makes it all the more opportune to 'buy' this stock

SINGAPORE (July 4): RHB Research is reiterating its “buy” call on Wilmar International with an unchanged target price of $3.59, while highlighting ongoing market uncertainties and the recent retrac

Results

IndoAgri's 1Q earnings plunge to $4.8 mil on commodity price declines

SINGAPORE (Apr 30): Integrated agribusiness group Indofood Agri Resources (IndoAgri) reported earnings of Rp 49.8 billion ($4.8 million) for the 1Q18 ended Mar, down more than threefold from Rp 170

Noble Group sweetens debt restructuring deal, gets founder's backing

SINGAPORE (Apr 16): Noble Group improved the terms of its controversial $3.4 billion debt restructuring deal and won the support of its biggest shareholder as the commodity trader seeks to complete

Be informed of the stories that matter