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Top related persons:
Gautam Adani - 1 Adani - 1 Edwin Koo - 1 Sagar Adani - 1 Vneet Jaain - 1 GQG Partners - 1 CNBC's Boon Ping - 1 Dan Mangan - 1
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Adani - 1 Forbes - 1 Summit - 1 Bloomberg - 1 Getty - 1 India's Adani - 1 Energy - 1 U.S . Department of Justice - 1

Search resuls for: "Edwin Koo"


3 mentions found


☆ Adani Group slams 'baseless' New York fraud and bribery charges
  + stars: | 2024-11-21 | by ( April Roach | ) www.cnbc.com   time to read: +2 min
Gautam Adani, chairman of Adani Group, speaks during the Forbes CEO Summit in Singapore, on Tuesday, Sept. 27, 2022. Photographer: Edwin Koo/Bloomberg via Getty ImagesIndia's Adani Group on Thursday denied allegations of bribery and fraud made by U.S. authorities in relation to the group's chair Gautam Adani, saying all such claims were "baseless." Shares of companies in India's Adani Group plunged after Gautam Adani, one of the world's richest people, was indicted in a New York federal court on charges regarding an alleged bribery and fraud scheme. An Adani Group spokesperson said the allegations made by the U.S. Department of Justice and the U.S. Securities and Exchange Commission against directors of Adani Green Energy are "baseless and denied." Following the indictment charges, Adani Green Energy cancelled plans to raise around $600 million through U.S. dollar-denominated bonds.
Persons: Gautam Adani, Adani, Edwin Koo, Sagar Adani, Vneet Jaain, GQG Partners, CNBC's Boon Ping, Dan Mangan Organizations: Adani, Forbes, Summit, Bloomberg, Getty, India's Adani, Energy, U.S . Department of Justice, U.S . Securities, Exchange Commission, GQG, Green Energy, Citi, . Locations: Singapore, India, U.S, New York
☆ Asia markets set to trade higher as investors await U.S. inflation report
  + stars: | 2023-02-14 | by ( Jihye Lee Lim Hui Jie | Jihye Lee | Lim Hui Jie | ) www.cnbc.com   time to read: +1 min
Singapore will report the budget for the coming fiscal year on Tuesday, will probably reinforce longer-term investment priorities including digitalization, green energy transition, and health services for an ageing society. Photographer: Edwin Koo/Bloomberg via Getty ImagesAsia-Pacific shares are to trade higher as investors await the release of the U.S. consumer price index report, which will shape the Federal Reserve's path ahead. In Australia, the S&P/ASX 200 rose 0.63% in its first hour of trade as investors anticipate the release of the country's consumer sentiment survey for February. Nikkei 225 futures in Chicago were fractionally up at 27,720, while its counterpart in Osaka stood at 27,700, higher than its last close at 27,427.32. The Japanese yen stood at 132.33 against the U.S. dollar ahead of the Japanese government's expected nomination of its next Bank of Japan governor.
☆ OCBC profit jumps 31%, rounding up record quarter for Singapore banks
  + stars: | 2022-11-04 | by ( ) www.cnbc.com   time to read: +2 min
In this article OCBC-SG Follow your favorite stocks CREATE FREE ACCOUNTThe signage of Oversea-Chinese Banking Corp. (OCBC) at OCBC Centre in Singapore, on Wednesday, Aug. 3, 2022. Edwin Koo | Bloomberg | Getty ImagesSoutheast Asia's second-largest lender Oversea-Chinese Banking Corp (OCBC) joined its Singapore peers in beating market estimates and pumping out record quarterly profits as banks rake it in on higher interest rates. But analysts say growth could be derailed by a big increase in U.S. interest rates — already at multi-year highs — as central banks try and tackle runaway inflation. watch nowOCBC said on Friday its net profit increased to S$1.6 billion ($1.13 billion) in July-September versus the S$1.55 billion average estimate from four analysts, according to Refinitiv data. On Thursday, the bank's larger peer DBS Group reported a forecast-beating 32% jump in quarterly profit to a record high while UOB Group also posted a record quarterly profit.
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