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Singapore Exchange faces heightened competition

Bloomberg Singapore Exchange Ltd. (SGX) faces heightened competition, a drop in profits and close monitoring of its dividend policy after MSCI Inc.’s decision to shift index licensing for some derivatives to Hong Kong, analysts said. MSCI will stop licensing for most derivatives products on SGX’s platform early next year, while separately agreeing to let Hong Kong Exchanges & Clearing Ltd. ...

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Hamdan unveils new award for firms battling pandemic

DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, announced an exceptional 4th edition of the Hamdan bin Mohammed Award for Innovation in Project Management featuring a new category titled ‘Innovative Practices in Handling the Covid-19 Pandemic’. With the new category, the award seeks to recognise organisations ...

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IEA expects historic fall in global energy investment

PARIS / WAM The Covid-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year – from fossil fuels to renewables and efficiency – the International Energy Agency (IEA) said in a new report released on Wednesday. The unparalleled decline is staggering in both its ...

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