Leadership
China’s top stock of 2024 eyes boost from AI self-reliance
CHINA’S top-performing stock of 2024 is expected to see additional tailwinds into next year from the nation’s drive for greater self-sufficiency in artificial intelligence (AI).Shares of AI chip designer...
SingPost says executives were given ‘opportunity to be heard’ before sacking
IN A response to queries from stakeholders, Singapore Post (SingPost) has released a detailed account of its due process leading up to the recent termination of the group’s three...
Banks want in on Tether’s billions in stablecoin profits
UNTIL recently, banks watched from the sidelines with envy as stablecoin market leader Tether Holdings boasted of billions in profits. Now they want in.Earlier this year, Societe Generale –...
Nvidia supplier Ibiden weighs faster expansion to meet AI demand
IBIDEN, the dominant supplier of chip package substrates used in Nvidia’s cutting-edge semiconductors, may need to dial up the pace of production capacity increases to keep up with demand,...
Biggest danger in Trump era is risk of US economy overheating
The president-elect and his supporters seem determined to shake things up, but this could mean market volatility MOST Wall Street strategists anticipate the 2024 rally gaining stronger momentum in...
Yen gains as some BOJ policymakers see rate hike soon
THE Japanese yen rose off a five-month low against the dollar on Friday (Dec 27) after a summary of opinions from the Bank of Japan’s (BOJ) December policy meeting...
Hong Kong IPO market stages comeback after dismal 2023
INVESTORS in the Hong Kong initial public offering (IPO) of Chinese cosmetics firm Mao Geping Cosmetics received an early Christmas present on Dec 10 when the company made its...
OCBC sells stake in Hong Kong Life Insurance for HK$589.3 million
The sale is not expected to have an impact on the group’s net tangle assets or earnings per shareOCBC has agreed to sell its entire stake in Hong Kong...
Tokenisation has become Wall Street’s latest favourite crypto buzzword
BITCOIN’S record-breaking rally is rekindling hope that the digital-ledger technology that underpins cryptocurrencies will revolutionise everything from recording the ownership of houses to bonds.Tokenisation, or the process of creating...
