With 15,000 Visitors And Big Sales, Here Are Some Highlights From Singapore Yacht Show 2018
With a growing interest and support for Asia's yachting industry, this year's Singapore Yacht Show did not disappoint its increasing pool of attendees. Here are some of the highlights that garnered attention at this annual showcase.
Shares of Blue Apron climbed on Thursday after Kroger said it was buying Home Chef to broaden its menu in the home meal kit market while stock of Calavo Growers, whose unit partnered with Kroger on another meal kit service, slumped.
(May 24): Malaysia’s new finance minister is taking a sledgehammer to 1MDB. A less blunt tool would do the job just as well, probably better.
Lim Guan Eng is busy telling the world about the shocking state of affairs at the scandal-ridden state fund. But that won’t sate the Malaysian public’s desire for justice. Investors, meanwhile, are uneasy about things getting out of hand. Already, foreigners have sold out of the nation’s stocks for 13 consecutive days.
KUALA LUMPUR/SINGAPORE (May 25): Singapore's third derivatives exchange kicked off trading on Friday with the launch of palm oil futures, with other contracts expected down the line.
The U.S. dollar-denominated palm olein futures will give traders another option beyond benchmark ringgit-denominated contracts offered from Malaysia, as the Asia Pacific Exchange (APEX) looks to get a foothold in the region.
APEX's September palm olein futures contract opened at US$635 a tonne and was last down 0.3%. A November contract was up 1.7%, after opening at US$650 a tonne.