Leadership
Nissan seeking new partners with Honda deal set to collapse
NISSAN Motor is seeking out a new partner as it prepares to end negotiations to form a joint holding company with Honda Motor, sources familiar with the matter said.The...
Workday to cut nearly 2,000 workers on profit focus
WORKDAY is cutting about 8.5 per cent of its workforce, making it the latest technology company to begin 2025 with headcount reductions.The cuts will amount to about 1,750 workers,...
Gold firms near record peak as trade war concerns linger
GOLD prices inched higher on Thursday (Feb 6) to hover near an all-time high hit in the last session, as Sino-US tariff war concerns boosted safe-haven demand, while investors...
Singapore shares rise at Thursday’s open; STI up 0.4%
SINGAPORE shares started trading in positive territories on Thursday (Feb 6), mirroring global markets.As at 9.01 am, the Straits Times Index (STI) was up 0.4 per cent or 16.69...
SGX’s H1 net profit rises 20.7% to S$340 million
Cash equities and equity derivatives segment leads the group’s broad-based performanceTHE Singapore Exchange (SGX) on Thursday (Feb 6) posted a net profit of S$340 million for the first half...
SoftBank nears deal to acquire chip designer Ampere
SOFTBANK Group is in advanced talks to acquire Ampere Computing, sources familiar with the matter said.The Japanese company is discussing a deal that could value the Oracle-backed chip designer...
Ford sees sharp profit drop as Trump tariff, EV threats loom
FORD Motor warned that profit may fall by US$2 billion or more this year on an expected drop in vehicle prices and costly new-model launches, adding to risks posed...
Why Sabana Reit should hold off on asset sales for now
Such action would have been more appropriate when Sabana Reit tried to merge with ESR Reit in 2020, or when it first started the perilous ‘internalisation’ journey in 2023MANY...
