Leadership
Skype to shut 14 years after Microsoft’s US$8.5 billion purchase
MICROSOFT is signalling the end of the line for Skype, the iconic Internet calling and chat service it bought almost 14 years ago.
Once a byword for digital calls that...
Creative Technology CEO Song Siow Hui retires
CREATIVE Technology chief executive Song Siow Hui, 70, is retiring from his role as of Friday (Feb 28), and the company is now on a “global search” for its...
LBC rates up average 0.1% to 3% for commercial, residential, industrial and hotel use groups
THE government has raised land betterment charge (LBC) rates on average by 0.1 per cent to nearly 3 per cent for commercial, residential, industrial and hotel use groups for...
China, Hong Kong stocks close the week lower on fresh Trump tariffs, focus on NPC meeting
CHINA and Hong Kong equities closed the week lower, ending weeks of gains, as US President Donald Trump announced fresh tariffs on Chinese imports, while investors booked profit on...
Ong Beng Seng to plead guilty on Apr 2
PROPERTY tycoon Ong Beng Seng, 79, has decided to plead guilty. He faces two criminal charges in relation to dealings with former minister S Iswaran. The first charge, for...
Indonesia’s move to control coal prices faces Chinese pushback
THE Indonesian government’s plan to regulate the price of coal exports is facing pushback from its largest customer, as firms in China baulk at paying higher costs as other...
Asian chip shares tumble on Nvidia earnings, tariff fears
A POOR market reception of Nvidia’s earnings and the spectre of additional US tariffs have knocked down Asian chip stocks, dragging Japan’s tech-heavy Nikkei average down to its lowest...
Bank of Japan vows to keep tapering bond buying despite rise in yields
THE Bank of Japan (BOJ) will keep tapering its government bond purchases despite recent rises in yields, deputy governor Shinichi Uchida said on Friday (Feb 28), stressing its huge...
