Straits Times Index
3,330.81 +0.80 (+0.02%) S&P 500
5,352.96 -1.07 (-0.02%) Dow
38,886.17 +78.84 (+0.20%) Nasdaq
17,173.12 -14.78 (-0.09%) Bitcoin USD
70,755.38 -484.30 (-0.68%) CMC Crypto 200
1,510.59 -14.21 (-0.93%)
BusinessMediaOutReachHDBank, the 1st Vietnamese lender to disclose Sustainability Report and net-zero target
HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 6 June 2024 - On May 23, 2024, the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) released its Sustainability Report, becoming the first Vietnamese bank to publish this report in 2024 and commit to a net-zero emission target. The 195-page report, “Green Thinking, Sustainable Growth,” prepared in accordance with Global Reporting Initiative standards, showcases HDBank’s environmental, social, and governance (
BusinessBloombergSingapore builder Oxley seeks up to US$120 million private loan
Oxley Holdings, a cash-strapped property developer in Singapore, is seeking a private credit loan of up to US$120 million partly to help repay a Singapore dollar bond due next month.
- BusinessReuters SG
Asia high-sulphur fuel oil market to take a breather in strong rally
A rally in Asia's high-sulphur fuel oil (HSFO) market, boosted by lower Middle East exports and OPEC+ cuts, is expected to take a breather as Russian exports remain elevated and will ease tight supply, industry sources said. Tighter supply has driven HSFO spot premiums and refining margins in Asia to over nine-month highs, raising costs for shippers, utilities and refineries that use the fuel. Asia's HSFO imports have dropped in recent weeks, with more barrels moving towards or remaining in the Middle East to meet higher power consumption in summer.
