Leadership

SBS Transit and French transport operator RATP Dev win tender to run Jurong Region Line 
SBS Transit and French transport operator RATP Dev win tender to run Jurong Region Line 
November 28, 2024
A JOINT venture between SBS Transit and French multimodal transport operator RATP Dev has won the tender to operate and maintain the Jurong Region Line, Singapore’s seventh Mass Rapid...
Bank Negara Malaysia calls for fair insurance pricing as medical costs soar
Bank Negara Malaysia calls for fair insurance pricing as medical costs soar
November 28, 2024
BANK Negara Malaysia (BNM) on Thursday (Nov 28) instructed insurance companies to reassess their repricing strategies to ensure fairer implementation for policyholders due to concerns over rising premiums for...
Australia central bank says inflation too high for near-term rate cut
Australia central bank says inflation too high for near-term rate cut
November 28, 2024
AUSTRALIA’S top central banker said on Thursday (Nov 28) that core inflation was too high to allow for rate cuts in the near term, all but ruling out relief...
New Zealand’s central bank to debate 25 or 50 basis points rate cut in February
New Zealand’s central bank to debate 25 or 50 basis points rate cut in February
November 28, 2024
NEW Zealand’s central bank will debate whether to cut interest rates by 25 or 50 basis points in February, a senior central banker said on Thursday (Nov 28), after...
Australia’s central bank overhaul revived in last minute talks
Australia’s central bank overhaul revived in last minute talks
November 28, 2024
AUSTRALIA’S plans to overhaul the Reserve Bank of Australia (RBA), including splitting the current board in two, may be back on the agenda after the Labor government and minority...
Microsoft denies training AI models on user data
Microsoft denies training AI models on user data
November 28, 2024
MICROSOFT on Wednesday (Nov 27) denied claims that it uses customer data from its Microsoft 365 applications, including Word and Excel, to train artificial intelligence (AI) models.The response came...
Singapore stocks up 0.2% as data shows real incomes rebound
Singapore stocks up 0.2% as data shows real incomes rebound
November 28, 2024
SINGAPORE shares opened higher Thursday (Nov 28), while stocks in Asia traded in a narrow range as traders took to the sidelines ahead of the US Thanksgiving holiday. As at...
Stocks to watch: Mapletree Logistics Trust, DBS, First Sponsor, IReit Global
Stocks to watch: Mapletree Logistics Trust, DBS, First Sponsor, IReit Global
November 28, 2024
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 28):Mapletree Logistics Trust (MLT): The real estate investment trust divested two warehouse properties...
Starbucks Red Cup giveaway gives coffee chain much needed jolt
Starbucks Red Cup giveaway gives coffee chain much needed jolt
November 27, 2024
STARBUCKS’s holiday-themed cups drove a bigger spike in customer visits than in previous years, a welcome boost for a brand that’s looking to stage a turnaround.The Red Cup Day...
US: Wall St subdued at open in run-up to key inflation data
US: Wall St subdued at open in run-up to key inflation data
November 27, 2024
WALL Street’s main indexes opened flat-to-slightly-lower on Wednesday (Nov 27) as investors evaluated strong economic data and awaited a key inflation report that could influence the US Federal Reserve’s...