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The Latest Breaking News from APAC

Gold to see volatility in short term

Gold prices should remain volatile in the short term amid the strengthening US dollar and rising interest rates, but the outlook is positive as investors buy gold to hedge against uncertainties in the global financial market, say the World Gold Council.

Fyllo Expands Presence In Asia Pacific With Appointment Of Robert Woolfrey As Managing Director

Fyllo Expands Presence In Asia Pacific With Appointment Of Robert Woolfrey As Managing Director

Fyllo, a platform providing data-driven marketing and regulatory solutions to drive new growth, recently announced the appointment of Robert Woolfrey as managing director for the Asia Pacific (APAC). Woolfrey will open and lead the company’s business in the region and report to Jeff Ragovin, Fyllo’s chief comme

Kigali summit to outline strategy for nature conservation in Africa

Kigali summit to outline strategy for nature conservation in Africa

First continent-wide meeting aims to set out plans to halt and reverse habitat and species loss in protected areas on land and sea

The Guardian - UK

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Sealed Air Boosts FY22 Outlook On Solid Q1 Performance

Sealed Air Corp (NYSE:SEE) reported first-quarter FY22 sales growth of 12% year-on-year to $1.42 billion, beating the consensus of $1.39 billion. Sales in the Americas rose 18% Y/Y, EMEA increased 4%, and APAC lost 1%. Net sales in the Food segment increased by 15%, and Protective improved by 8%. Adjusted EPS of $1.12…

Merger Arbitrage Mondays - Berkshire Hathaway Acquires Insurer Alleghany For $11.6 Billion

Merger activity decreased last week with three new deals announced and two deals completed. Alleghany Corporation (NYSE: Y)

Molson Coors Beverage Clocks 14% Sales Growth In Q4, Tops Consensus; Boosts Dividend By 12%

Molson Coors Beverage Co (NYSE:TAP) reported fourth-quarter FY21 sales growth of 14.2% year-on-year, to $2.62 billion, beating the consensus of $2.55 billion. Net sales in the Americas rose 7.6% Y/Y, and EMEA & APAC gained 56.4%. Gross profit fell 4.2% Y/Y to $857.3 million. The operating margin was 6.3%, and operating income for…

Sealed Air Clocks 14% Sales Growth In Q4, Tops Consensus

Sealed Air Corp (NYSE:SEE) reported fourth-quarter FY21 sales growth of 14% year-on-year, to $1.53 billion, beating the analyst consensus of $1.49 billion. On an organic basis, sales in the Americas rose 20% Y/Y, EMEA increased 13%, and APAC gained 4%. Adjusted EPS of $1.12 missed the analyst consensus of $1.13. The gross profit…

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Scottish construction consultancy expands into Asia

Scottish construction consultancy expands into Asia

Two senior hires will be based in a new Singapore office

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