Business assets

Ikeja Hotel Posts FY Group Loss Before Tax From Cont. Ops Of 3.36 Bl...
March 31, 2023 03:11 AM AEDT | By ReutersMarch 30 (Reuters) - Ikeja Hotel PLC: * IKEJA HOTEL PLC - FY GROUP REVENUE FROM CONTRACT WITH CUSTOMERS FROM CONTINUING OPERATIONS 12.90 BILLION NAIRA...

Saudi Electricity Intends To Establish An International Sukuk Progra...
March 31, 2023 01:03 AM AEDT | By ReutersMarch 30 (Reuters) - Saudi Electricity Company SJSC : * SAUDI ELECTRICITY - ANNOUNCES ITS INTENTION TO ESTABLISH AN INTERNATIONAL SUKUK PROGRAMME * SA...

Fitch Says Turkish Banks Will See Rise In Problematic Loans
March 31, 2023 01:01 AM AEDT | By ReutersMarch 30 (Reuters) - Fitch Ratings : * FITCH ON TURKISH BANKS SAYS WILL SEE AN INCREASE IN PROBLEMATIC LOANS DUE TO EARTHQUAKES THAT STRUCK IN FEBRUAR...

Alhokair Group FY Net Loss After Zakat And Tax 81.49 Million Riyals
March 31, 2023 12:55 AM AEDT | By ReutersMarch 30 (Reuters) - Abdulmohsen Al-Hokair Group for Tourism and Development Company SJSC: * ALHOKAIR GROUP - FY NET LOSS AFTER ZAKAT AND TAX 81.49 MI...

Okura Announces Placing Of New Shares
March 30, 2023 10:45 PM AEDT | By ReutersMarch 30 (Reuters) - Okura Holdings Ltd: * CO TO APPOINT SPACE SECURITIES TO ACT AS PLACING AGENT FOR PROCURING NOT LESS THAN 6 PLACEES TO SUBSCRIBE F...

Global derivatives industry defends CDS after banking blow-ups
March 30, 2023 10:19 PM AEDT | By ReutersBy Marc Jones LONDON (Reuters) - The derivatives industry body, the International Association of Swaps and Derivatives Association (ISDA), has backed...

Zhongmin Baihui Retail Group Proposes Issue Of Non-Convertible Bonds
March 30, 2023 09:22 PM AEDT | By ReutersMarch 30 (Reuters) - Zhongmin Baihui Retail Group Ltd : * ZHONGMIN BAIHUI RETAIL GROUP LTD. PROPOSED ISSUE OF NON-CONVERTIBLE BONDS WITH AN AGGREGATE...

Shams Tourism Enterprises FY Loss Narrows
March 30, 2023 07:56 PM AEDT | By ReutersMarch 30 (Reuters) - Tourism Enterprise Company SJSC : * SHAMS TOURISM ENTERPRISES- FY SALES 10 MILLION RIYALS VERSUS 16 MILLION RIYALS YEAR AGO * SHA...

Kuwait's Al Argan Signs Contract To Increase Banking Facilities By K...
March 30, 2023 07:54 PM AEDT | By ReutersMarch 30 (Reuters) - Al Argan International Real Estate Company KSCP: * AL ARGAN INTERNATIONAL REAL ESTATE - SIGNS CONTRACT TO INCREASE BANKING FACILI...

Mega Fin Says Unit Leads T$7.85 Bln Syndicated Loan To Taipei Port C...
March 30, 2023 07:54 PM AEDT | By ReutersMarch 30 (Reuters) - Mega Financial Holding Co Ltd Says on Thursday: * BANKING UNIT LEADS 7-YEAR, T$7.85 BILLION SYNDICATED LOAN TO TAIPEI PORT CONTAI...

Sharm Dreams Company For Touristic Investment FY Loss Narrows
March 30, 2023 07:44 PM AEDT | By ReutersMarch 30 (Reuters) - SHARM DREAMS COMPANY FOR TOURISTIC INVESTMENT SAE: * FY NET LOSS EGP 6.3 MILLION VERSUS LOSS OF EGP 29.8 MILLION YEAR AGO * FY RE...

Spain inflation falls more than expected to 3.3% in March
March 30, 2023 06:47 PM AEDT | By Reuters(Reuters) - Spain's consumer price inflation slowed to 3.3% in March, its weakest annual rate since August 2021 and down from 6.0% in February, prelim...

Nex Point Says Approved Loan Of Absolute Assembly For 50 Mln Baht
March 30, 2023 06:39 PM AEDT | By ReutersMarch 30 (Reuters) - Nex Point PCL: * APPROVED LOAN OF ABSOLUTE ASSEMBLY CO., LTD FOR 50 MILLION BAHT Source text for Eikon: Further company coverage:

Mapletree Logistics Trust Proposes Equity Fund Raising Via Private P...
March 30, 2023 03:37 PM AEDT | By ReutersMarch 30 (Reuters) - Mapletree Logistics Trust : * PROPOSING EQUITY FUND RAISING OF NEW UNITS IN MLT VIA PRIVATE PLACEMENT BETWEEN 121.3 MILLION AND 1...

S&P sees corp high-yield default rate doubling by year end
March 30, 2023 05:59 AM AEDT | By Reuters(Adds details throughout) March 29 (Reuters) - S&P Global Ratings Credit Research & Insights said on Wednesday that it expects the U.S. traili...

Vion Investments CEO says securitisation market delinquencies, defau...
March 30, 2023 04:21 AM AEDT | By ReutersMarch 29 (Reuters) - The CEO of $6 billion Vion Investments Stacey Schacter said on Wednesday that delinquencies and defaults in the securitisation ma...

S&P sees corp high yield default rate doubling by year end
March 30, 2023 04:21 AM AEDT | By ReutersMarch 29 (Reuters) - S&P Global Ratings Credit Research & Insights said on Wednesday that it expects the U.S. trailing-12-month speculative-gr...

Gold drops as higher equities, stronger dollar weigh
March 30, 2023 03:59 AM AEDT | By ReutersBy Deep Kaushik Vakil (Reuters) - Gold prices slipped on Wednesday as upbeat equities and a stronger dollar weighed, but declines in safe-haven bullio...

Gold drops as higher equities, Treasury yields weigh
March 30, 2023 02:05 AM AEDT | By ReutersBy Deep Kaushik Vakil (Reuters) - Gold prices slipped on Wednesday as upbeat equities and Treasury yields weighed, but declines in safe-haven bullion...

Japan to provide $1.27 bln for three Bangladesh infrastructure proje...
March 30, 2023 01:34 AM AEDT | By ReutersDHAKA, March 29 (Reuters) - Japan will provide about $1.27 billion to Bangladesh for three infrastructure projects, including construction of a new co...
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