Leadership
SK Hynix posts record quarterly profit surpassing Samsung on AI boom – The Business Times
SOUTH Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as high-bandwidth memory (HBM) used in generative...
Amazon exits Quebec operations, to cut about 1,700 jobs; Ottawa unhappy – The Business Times
E-COMMERCE giant Amazon.com is exiting its operations in the Canadian province of Quebec, leading to the loss of about 1,700 full-time jobs, the company said on Wednesday, prompting Ottawa to...
JPMorgan’s Dimon sees inflated stocks as ‘animal spirits’ return – The Business Times
JPMORGAN Chase’s dealmakers are spending their time in the Swiss Alps huddling with ebullient clients, but the boss of the biggest US bank is striking a more cautious tone....
Saudi prince’s investment firm would be keen on TikTok if Musk or others buy it, CEO says – The Business Times
SAUDI Arabian Prince Alwaleed Bin Talal’s investment company Kingdom Holding (KHC) would be interested in investing in ByteDance’s TikTok if Elon Musk or others offered to buy it, CEO...
Goldman Sachs starts infrastructure fund for wealthy individuals – The Business Times
GOLDMAN Sachs Group’s alternative investment arm is launching a global infrastructure fund for wealthy individuals, as it ramps up efforts to open the growing private capital industry beyond institutional...
Apple close to deal to lift Indonesian iPhone ban, minister says – The Business Times
INDONESIA is close to a deal with Apple over an investment plan that would lift a ban on iPhone 16 sales in the country, according to a government minister.South-east...
Office Holiday Gift Swaps Gone Wrong: What Not to Do
Office holiday gift swaps can be a lot of fun, but they can also turn into a real headache if things go wrong. Whether it’s a poorly chosen gift...
UBS halts margin loans on some New World Development securities – The Business Times
UBS Group halted accepting some bonds and shares of New World Development as collateral for margin loans, joining other global lenders in suspending such financing for rich clients, according...
Claims against e-wallet players hit nearly half a million dollars in just over a month: financial dispute agency – The Business Times
A TOTAL of 16 claims amounting to S$441,625.12 were filed against e-wallet providers in just over a month, with a median claim amount of S$1,093.50, and an average claim amount...