Leadership
Circle says stablecoin issuers should be US registered
JEREMY Allaire, the co-founder of stablecoin issuer Circle Internet Financial, is making the case that the issuers of the US dollar-based cryptocurrencies that underpin much of the trading in...
Kwek Leng Beng moves to sack son and CDL CEO Sherman Kwek; files lawsuit over ‘attempted coup’
A BATTLE for control has emerged within property giant City Developments Limited (CDL) between executive chairman Kwek Leng Beng and his son Sherman Kwek, who is the group chief...
Battle erupts between billionaire Kwek Leng Beng and son Sherman Kwek for control of CDL
A tussle between father and son for control of property giant City Developments Limited (CDL) was revealed on Feb 25 with executive chairman Kwek Leng Beng publicly criticising his...
BP to up oil and gas output, slash clean energy spend in overhaul
BP PLANS to increase production of its more profitable oil and gas business and slash investment in cleaner energy, the British energy giant announced on Wednesday (Feb 26) to...
Gold recoups from one-week low as tariff uncertainty weighs on risk appetite
GOLD prices climbed on Wednesday (Feb 26), recovering from a one-week low touched in the previous session, as uncertainties stemming from US President Donald Trump’s tariff plans dampened risk...
Lynas profit slumps 85% as low rare earths prices take toll
The miner’s performance indicates the market is still over-supplied, with rare earth oxide prices down due to strong output from China and its economic slowdownLYNAS Rare Earths’ first-half profit...
Instacart forecasts downbeat first-quarter core profit, shares fall
INSTACART on Tuesday forecast a lower-than-expected first-quarter core profit as the online grocery delivery platform expects sequential declines in advertising revenue.The company’s shares, which also missed fourth-quarter revenue estimates,...
Google loses fight on Android Auto access, bodes ill for Big Tech
ALPHABET unit Google’s refusal to let an Enel e-mobility app access its Android Auto platform can be considered an abuse of its market power, Europe’s top court said on...
