Leadership
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....
BP cuts over 5% of workforce in CEO cost cut drive
BP announced on Thursday (Jan 16) that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of CEO Murray Auchincloss’ efforts...
Alliance Bank’s top shareholder Vertical Theme is said to consider sale to DBS
INVESTMENT management firm Vertical Theme is planning to seek approval in the coming weeks to start talks about selling its stake in Alliance Bank Malaysia, according to people familiar...
Sias questions Fu Yu board on controlling shareholder’s bid to remove IDs due to company’s performance
THE Securities Investors Association (Singapore), or Sias, has asked precision plastics manufacturer Fu Yu Corporation’s board to substantiate the claim by the largest shareholder Victor Lim that the company’s...
Simba gains ground against incumbent telcos in 2024: Opensignal
SIMBA has gained about two subscribers from incumbent mobile network operators (MNOs) for every subscriber lost, suggesting that the latest entrant has been competitive in Singapore’s crowded wireless market....
DBS may declare special dividend of S$0.50 a share, raise ordinary DPS to S$0.60: CGSI
DBS may declare a special dividend of S$0.50 a share for the fourth quarter of FY2024 as well as raise its ordinary dividend per share to S$0.60, said CGS...
China cash squeeze rolls on even after PBOC liquidity boosts
CHINA’S cash squeeze extended with some signs of disruption to trading, as a liquidity infusion from Beijing failed to counteract a spike in demand for funds.The volume-weighted average rate...
Latest Singapore 6-month T-bill cut-off yield slips to 2.99%
THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 2.99 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Jan...
