Leadership
Prudential Financial promotes Andy Sullivan to CEO, succeeding Lowrey
PRUDENTIAL Financial promoted Andy Sullivan to succeed Charlie Lowrey as chief executive officer amid a broader shakeup of the insurer’s top management ranks.
Sullivan, 54, who held leadership positions in...
Frasers Property alerted of scam accounts impersonating its subsidiaries
The group warns that these fraudulent accounts could attempt to solicit sensitive information from shareholders and the public under false pretensesFrasers Property was notified of the existence of unauthorised...
Latest Singapore six-month T-bill cut-off yield slips to 3%
This is down from the 3.08% offered in the previous auction that closed on Nov 21THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 3 per...
FashionValet founders charged after sovereign wealth fund loss
MALAYSIAN prosecutors charged the founders of a local online fashion retailer over the alleged misuse of funds invested in their company by two government-linked firms.Local influencers Vivy Yusof and...
Temu told to suspend Vietnam operations, state media reports
CHINESE online retailer Temu has been told to suspend its operations in Vietnam after it failed to meet an end-November deadline for business registration in the South-east Asian country,...
STI jumps more than 1%, nearing a record high
SINGAPORE stocks jumped more than 1 per cent on Thursday (Dec 5) morning, nearing a record high.As at 11:52 am, the Straits Times Index (STI) rose 40.49 points or...
Bank of Japan rate hike bets for this month tumble, pressuring yen lower
MARKET expectations of a Bank of Japan (BOJ) interest rate hike this month sank after a local media report cast doubt on an increase, weighing on the yen.Overnight indexed...
Stocks to watch: CapitaLand Investment, Hong Fok, OKH
THE following companies saw new developments that may affect trading of their securities on Thursday (Dec 5): CapitaLand Investment (CLI): The real asset manager said on Thursday its self-storage...