Energy & Commodities
Sembcorp shares end 4.3% higher as CGSI adds counter to top Singapore picks
Analysts say the stock is trading at an ‘undemanding’ valuation of nine times its estimated FY2027 PE ratio
Cambodia turns to Singapore, Malaysia for fuel as Vietnam, China restrict supplies
Many petrol stations reopen after a third were closed last week
PetroChina keeps downstream gas offers stable despite war risks
China is well-positioned to weather the ongoing war-related gas disruptions thanks to higher-than-usual inventories
Singapore gold sellers bring in more stock, build vaults to meet higher demand amid Middle East crisis
Besides middle-aged customers, some have also observed a younger crowd wading into the gold-buying trend
Gold steady as investors weigh Middle East risks ahead of Fed decision
The US central bank is widely expected to hold rates steady for a second straight meeting
Olam unit bags 1.1 billion euro dual-tranche loan facility
Proceeds will be used for refinancing ofi’s existing loans and general corporate purposes
Asian refiners scour the world for oil with Hormuz flows halted
Asia, which depends heavily on crude from producers in the Persian Gulf, faces the greatest exposure to the disruption
Indonesia eyes oil purchases from Russia
Indonesia is preparing budget cuts for some government programmes if the global oil price remains high
China oil majors resume seeking Russian oil after 4-month halt: sources
This is to head off supply shortages caused by the war in the Middle East
