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Search resuls for: "Tan Boon Heng"


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It said China plans to tap offshore funds held by Chinese state-owned enterprises and also local funds. Elsewhere in Asia, South Korea's Kospi rose 0.6% to 2,478.61 and Australia's S&P/ASX 200 added 0.5% to 7,514.90. ADM also said it expects to report profit for the full year of 2023 that’s below what analysts were forecasting. That in turn has relaxed the pressure considerably on the stock market and helped it to rip higher. In other trading, U.S. benchmark crude oil rose 9 cents to $74.85 per barrel in electronic trading on the New York Mercantile Exchange.
Persons: Seng, Tan Boon Heng, , ” Tan, Sunoco, Archer Daniels Midland, Tesla Organizations: Bloomberg, Mizuho Bank, Nikkei, Bank of Japan, U.S ., Dow Jones, Nasdaq, Technologies, NuStar Energy, ADM, American Airlines, Intel, Procter, Gamble, Federal Reserve, Treasury, New York Mercantile Exchange, Brent Locations: BANGKOK, Asia, Hong Kong, Shanghai, Beijing, China, South, U.S
TOKYO (AP) — Asian shares traded mixed Tuesday after a rally on Wall Street that was led by gains in Microsoft following its announcement that it was hiring Sam Altman, former CEO of OpenAI, the ChatGPT maker. On Wall Street, the S&P 500 gained 0.7% to 4,547.38, coming off its third straight winning week. Microsoft said it will also continue its partnership with OpenAI, as fervor around artificial-intelligence technology and the huge profits it’s expected to create wow Wall Street. This week is relatively light on reports that could sway the hopes on Wall Street that have underpinned that drop in Treasury yields. In energy trading, benchmark U.S. crude fell 61 cents to $77.22 per barrel in electronic trading on the New York Mercantile Exchange.
Persons: Sam Altman, Seng, ” Tan Boon Heng, Australia's, Kospi, Lowe’s, Brent, Stan Choe Organizations: TOKYO, Microsoft, OpenAI, Mizuho Bank, Dow Jones, Nasdaq, Federal Reserve, Traders, Nvidia, Deere, HP, Treasury, New York Mercantile Exchange, U.S ., AP Locations: Shanghai, Beijing, U.S
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