Leadership
Tesla increases wages for staff at German gigafactory by 4%
TESLA has raised the wages of all employees at its German gigafactory outside Berlin by 4 per cent since the start of November, the US electric carmaker said on...
IPhone maker Hon Hai’s October sales growth slows on weak demand
It has raised concerns about demand momentum for both AI infrastructure and iPhonesApple’s major manufacturing partner Hon Hai Precision Industry reported its slowest monthly sales growth since February, stoking...
Chinese group accused of hacking Singtel in telecom attacks
SINGTEL, Singapore’s largest mobile carrier, was breached by Chinese state-sponsored hackers this summer as part of a broader campaign against telecommunications companies and other critical infrastructure operators around the...
Record foreign exodus casts a pall over India’s stock market
FOREIGN investors are souring on India’s stock market, selling a record amount of shares amid signs the South Asian nation’s post-pandemic economic boom is losing steam.Global funds pulled out...
Stamford Tyres chairman Sam Chong Keen steps down amid board reshuffle
Wife of founder becomes executive chairman, ex-SPH veteran Christopher Tan joins board SAM Chong Keen, chairman of the board of Stamford Tyres has stepped down, with two individuals appointed to...
Asian markets mixed as caution builds ahead of high-stakes US election
ASIAN markets were mixed in early trade on Tuesday (Nov 5) as investors tread cautiously amid heightened volatility in anticipation of the US presidential election.
Market sentiment is likely...
Amazon still backs Talen nuclear deal after regulator rejection
AMAZON.COM said that it’s committed to building a data centre campus adjacent to a Pennsylvania nuclear plant after the top US energy regulator rejected a special deal to power...
Elite UK Reit’s 9-month DPU rises 3.9% on higher distributable income, tax savings
Elite UK REIT on Tuesday (Nov 5) announced earnings that showed its distribution per unit (DPU) climbed while its distributable income increased year on year.Its DPU for the nine...
