Leadership
UOBKH favours SGX-listed US office Reits as corporate giants mandate return to offices
AS MAJOR companies mandate return to offices and sign larger and long-term leases, UOB Kay Hian (UOBKH) is positive on Singapore-listed US office real estate investment trusts (Reits). The...
Gambling giant Star on the brink of collapse as cash runs out
AUSTRALIA’S biggest listed casino operator, Star Entertainment Group, once had it all. Its gaming licenses stretched out for centuries. The domestic market was home to the planet’s most prolific...
Marco Polo Marine responds to Sias on why it increased wages, bonuses despite revenue drop
INTEGRATED marine logistics company Marco Polo Marine said that the increase in its wages, salaries and bonuses in FY2024 was “in line with the expansion plans” that the group...
Singapore shares retreat at Friday’s open; STI down 0.2%
SINGAPORE shares started trading in negative territory on Friday (Jan 17), tracking overnight losses in US markets. As at 9.01 am, the Straits Times Index (STI) opened 0.2 per...
Goldman rakes in record wealth revenue from ultra-rich in Asia
GOLDMAN Sachs’s revenue from its Asia-Pacific wealth unit hit a record last year as ultra-rich clients turned to the bank to navigate volatile markets and political tension, according to...
Surprise Asian central bank moves show impact of US dollar rampage
A SURPRISE interest-rate cut in Indonesia and signs the Reserve Bank of India may be willing to loosen its tight grip on the rupee may be an indication that...
Microsoft bets Office subscribers will pay 30% more for AI tools
MICROSOFT is raising the price of its package of Office apps for consumers, a bet that subscribers will be willing to cough up more for access to new artificial...
CEO of Temasek’s Azalea to retire, with CIO set to succeed her
CEO Margaret Lui’s retirement will mark the end of her 40-year career with the Temasek group Azalea Investment Management’s chief executive officer Margaret Lui will retire on Mar 31....
