SINGAPORE (THE BUSINESS TIMES) – HSBC will soon announce a new Singapore chief executive (CEO) to succeed Tony Cripps, who will be leaving for the Saudi British Bank (SABB), says […]
NEW YORK (REUTERS) – Bitcoin surged to yet another record high on Wednesday (Feb 17), a day after the virtual currency vaulted to the US$50,000 (S$66,390) hurdle, even as analysts […]
NEW YORK (REUTERS) – Oil prices gained more than US$1 a barrel on Wednesday (Feb 17), as frigid Texas temperatures shut production across the largest US crude producing state, with […]
LONDON (AFP) – Jaguar Land Rover on Wednesday (Feb 17) said that it planned to lay off around 2,000 staff in the next financial year. The largest car manufacturer in […]
NEW YORK (AFP) – Investors weighed better US economic data against inflation worries on Wednesday (Feb 17), resulting in a mixed session with another Dow record but a lower Nasdaq. […]
NEW YORK (BLOOMBERG) – ClubHouse Media Group, a self-described marketing and media firm targeting social media influencers, has surged over 1,000 per cent this year as retail traders mixed the […]
NEW YORK (AFP, BLOOMBERG) – Citigroup unexpectedly lost a legal battle to recover half a billion dollars in mistaken payments it sent out, according to a US judgment that called the […]
SINGAPORE (THE BUSINESS TIMES) – Activist investor Quarz Capital Management has reduced its stake in Sunningdale Tech just about a week before an extraordinary general meeting (EGM) for shareholders to […]
NEW YORK (AFP) – Wall Street stocks were mixed at the end of a meandering session on Tuesday (Feb 16) as investors assess the prospects for more stimulus from Washington […]
For fear of having his reputation sullied by the falling price of Gaylin Holdings (now Amos Group), which he had recommended to investors, a former director of an investment firm […]
SINGAPORE – Even as Singapore’s economy stays on the recovery track, enthusiasm over a significant growth acceleration is wearing off. Vaccines have so far failed to put at rest the […]
SYDNEY (AFP) – Regulators have denied Crown Resorts, one of Australia’s biggest gaming groups, a licence to run a new multi-billion-dollar casino in Sydney due to suspected links to organised crime, […]
BRUSSELS (AFP) – China last year overtook the United States as the EU’s biggest trading partner, the EU statistics agency Eurostat said on Monday (Feb 15). Britain meanwhile, which is […]
SINGAPORE – The manufacturing, finance and insurance, and information and communications industries were the few bright spots in Singapore’s economy in 2020, posting rare growth while most sectors declined amid […]
LONDON • Jaguar, the Indian-owned luxury car brand, yesterday said it will produce only electric vehicles from 2025, as governments put pressure on the business world to slash carbon emissions […]
SINGAPORE – Three major transitions are affecting the world: the shift to Asia, the rapid acceleration of digitisation and the growing risk of climate change. All acutely impact South-east Asia. […]
SINGAPORE – Overall merchandise trade for Singapore is expected to grow between 2 per cent and 4 per cent for the whole of 2021, up from an earlier forecast of […]
SINGAPORE – The Singapore economy will grow by 4.0 to 6.0 per cent this year, said the Ministry of Trade and Industry (MTI) on Monday (Feb 15), maintaining its forecast […]
TORONTO (REUTERS) – Bitcoin hit a new record high and approached US$50,000 (S$66,276) on Sunday (Feb 14), building on its record rally as Wall Street and Main Street increasingly adopt […]
Staying nimble and flexible is key to leading a major firm amid the Covid-19 pandemic, says ExxonMobil Asia-Pacific chairman and managing director Geraldine Chin. Last year, Ms Chin, then responsible […]
