Leadership

Former PSA chairman and veteran banker Fock Siew Wah dies, aged 84
Former PSA chairman and veteran banker Fock Siew Wah dies, aged 84
FORMER PSA International chairman Fock Siew Wah, who steered the port operator for over 13 years and grew its global footprint, died on Jan 6. He was 84. The...
US: Wall St opens higher after report of selective Trump tariffs; chip stocks gain
US: Wall St opens higher after report of selective Trump tariffs; chip stocks gain
WALL Street’s main indexes opened higher on Monday (Jan 6) as optimism around AI boosted technology stocks, and a report suggested the incoming Trump administration could adopt a less...
Straits Trading Company expects to raise up to S million through digital commercial paper
Straits Trading Company expects to raise up to S$10 million through digital commercial paper
THE Straits Trading Company on Monday (Jan 6) launched the second series of its three-month commercial paper in digital securities on Singapore’s Digital Assets Exchange (SDAX).It will be offered...
Thai central bank says interest rate hold was robust policy amid uncertainty
Thai central bank says interest rate hold was robust policy amid uncertainty
THAILAND’S central bank said on Monday (Jan 6) that a decision to hold the key interest rate steady last month was a robust policy as the economy is facing...
Former HDB chief Cheong Koon Hean joins Surbana Jurong’s board
Former HDB chief Cheong Koon Hean joins Surbana Jurong’s board
PROFESSOR Cheong Koon Hean has been appointed as a board member of Surbana Jurong Group (SJ) with immediate effect, announced the urban, infrastructure and managed-services consulting firm on Monday...
Gold extends drop after Fed officials express inflation concern
Gold extends drop after Fed officials express inflation concern
The bullion is unlikely to hit US$3,000 an ounce by the end of the year, pushing the forecast to mid-2026Gold fell for a second day as comments from Federal...
Singapore shares open higher on Monday; STI up 0.5%
Singapore shares open higher on Monday; STI up 0.5%
SINGAPORE shares began Monday (Jan 6) trading in positive territory as overseas markets closed a holiday-shortened week mixed with anticipation for the incoming Donald Trump administration.As at 9.01 am,...
China oil refineries face reckoning as Beijing tackles overcapacity
China oil refineries face reckoning as Beijing tackles overcapacity
CHINA’S independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they rely on becomes a lot scarcer.Over a fifth of...
Stocks to watch: Mapletree Logistics Trust, CSE Global
Stocks to watch: Mapletree Logistics Trust, CSE Global
THE following companies saw new developments that may affect the trading of their securities on Monday (Jan 6): Mapletree Logistics Trust (MLT): It is divesting a property in Malaysia...
Microsoft expects to spend US billion on AI this fiscal year
Microsoft expects to spend US$80 billion on AI this fiscal year
MICROSOFT president Brad Smith on Friday (Jan 3) said the company is on track to pump about US$80 billion into artificial intelligence (AI) this fiscal year.Smith contended AI is...