Leadership

Seatrium inks MOU with BP for deepwater production unit in offshore US
Seatrium inks MOU with BP for deepwater production unit in offshore US
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPUOFFSHORE and marine specialist Seatrium inked a memorandum of understanding (MOU) with BP Exploration & Production,...
Adobe launches AI video tool to compete with OpenAI
Adobe launches AI video tool to compete with OpenAI
The Firefly Video Model, as Adobe is calling the service, will compete against SoraADOBE on Wednesday (Feb 12) released the first public version of an artificial intelligence (AI) tool...
Meta accounting move on AI servers to boost profit this year
Meta accounting move on AI servers to boost profit this year
META Platforms made a small change last month that’s likely to increase the company’s profit by billions of US dollars this year. It was not the release of a...
Pimco opens office in Dubai as asset managers flock to region
Pimco opens office in Dubai as asset managers flock to region
PACIFIC Investment Management Co (Pimco) opened a Dubai office, becoming the latest major fund manager to deepen its presence in the Middle East.The Newport Beach, California-based firm, which manages...
Oil sinks 2% after Trump calls Putin, Zelensky to discuss end to war in Ukraine
Oil sinks 2% after Trump calls Putin, Zelensky to discuss end to war in Ukraine
OIL prices settled down more than 2 per cent on Wednesday (Feb 12) after US President Donald Trump took the first big step towards diplomacy over the war in...
Text Marketing: Mobile Money or Major Fail?
Text message marketing is kinda like the new kid on the block for businesses. It’s cheap, easy, and gets the job done better than some of the old-school methods....
iFast Q4 net profit up 46.3% to S.3 million 
iFast Q4 net profit up 46.3% to S$19.3 million 
DIGITAL bank and wealth management platform iFast has reported a 46.3 per cent increase in net profit to S$19.3 million for the fourth quarter ended Dec 31, 2024, from...
Digital Core Reit H2 DPU up 1.1 per cent to USalt=
Digital Core Reit H2 DPU up 1.1 per cent to US$0.018
DIGITAL Core Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of US$0.018 for the six months ended Dec 31, 2024, up 1.1 per cent from the...
Singapore shares track regional gains; STI up 0.4%
Singapore shares track regional gains; STI up 0.4%
Across the broader market, gainers outnumber losers 347 to 186 after 1.9 billion securities worth S$1.5 billion change hands SINGAPORE shares ended Wednesday (Feb 12) in a positive territory amid...
Indian central bank’s surprise, outsized intervention eases bearish bias on rupee
Indian central bank’s surprise, outsized intervention eases bearish bias on rupee
THE Indian central bank’s unexpected and decisive intervention in the foreign exchange markets over the past two days, worth as much as US$11 billion by one estimate, has reduced...