Leadership
Singapore stocks fall, with Hongkong Land leading losses; STI down 0.5%
SINGAPORE shares closed lower on Wednesday (Dec 11) amid declines in the banking stocks, with property developer Hongkong Land the biggest loser.The Straits Times Index (STI) shed 20.73 points,...
Singapore stocks open flat at Wednesday’s open
SINGAPORE shares opened muted on Wednesday (Dec 11) following weak trade figures from China and ahead of key inflation data in the US. As at 9.01 am, the Straits...
Citigroup cuts ESG analyst jobs as research group trimmed
CITIGROUP has cut about five analyst jobs inside a small team dedicated to producing ESG (environmental, social and governance) and climate research, according to sources familiar with the development.The...
Apple’s next Ultra smartwatch will be able to send texts via satellite
APPLE plans to bring satellite connections to its smartwatch in 2025 and is ramping up work on a blood-pressure feature, seeking to entice hikers and health-conscience consumers into upgrading...
US court blocks Kroger’s US$25 billion supermarket mega-merger
A US judge suspended supermarket giant Kroger’s planned US$24.6 billion acquisition of rival chain Albertsons on Tuesday in a win for the Federal Trade Commission, which had argued the...
What is Corporate Entrepreneurship?
Corporate entrepreneurship is when teams within a big company come up with, support, start, and run new businesses that use the company’s resources. This is different from just investing...
HSBC raised fraud alarm that sparked collapse of fintech Stenn
A FINANCE firm backed by several influential Wall Street investors collapsed last week after HSBC Holdings discovered some of the company’s transactions may have been fraudulent.
The UK operating...
US dollar steadies, Aussie drops after RBA, Chinese trade data
THE US dollar rose on Tuesday (Dec 10) ahead of US inflation data which could offer clues about the Federal Reserve’s monetary easing path, while analysts assess the likely...
