Leadership

Singapore boards are unprepared for future complexities: Piyush Gupta
Singapore boards are unprepared for future complexities: Piyush Gupta
Their role transcends beyond being a ‘policeman’, he says; they also need to be a ‘navigator’ and ‘shepherd’[SINGAPORE] Many corporate boards are largely unprepared for future complexities, said former...
CEO egos must be kept in check to prevent them from becoming ‘emperors’: Ho Ching
CEO egos must be kept in check to prevent them from becoming ‘emperors’: Ho Ching
Ho is conferred SID’s honorary fellowship in recognition of her ‘distinguished contributions to corporate governance and stewardship in Singapore’[SINGAPORE] The top business leaders typically display a self-confidence that is...
JPMorgan postpones ECB rate cut forecast to December after policy meeting
JPMorgan postpones ECB rate cut forecast to December after policy meeting
JPMORGAN now expects the European Central Bank to lower interest rates in December this year compared to its prior forecast of a quarter-point cut in October after the central...
Asia: Stocks surge into weekend with US rate cut ‘seemingly locked in’
Asia: Stocks surge into weekend with US rate cut ‘seemingly locked in’
ASIAN markets surged again on Friday, tracking record highs across Wall Street, after US inflation and jobs data all but set in stone a Federal Reserve interest rate cut...
SK Hynix shares hit record with news of AI memory milestone
SK Hynix shares hit record with news of AI memory milestone
The Seoul-traded chipmaker, whose shares are up roughly 90% over the past year, is now worth close to US$170 billion[SEOUL] SK Hynix’s stock climbed as much as 5.9 per...
Frasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6
Frasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6
Payment for the scheme consideration to eligible securityholders is set to be made on or around Sep 30[SINGAPORE] Frasers Hospitality Trust (FHT) has received the court’s sanction for its...
Oracle retreats after record run towards US trillion club on AI cloud boom
Oracle retreats after record run towards US$1 trillion club on AI cloud boom
[NEW YORK] Oracle shares retreated on Thursday (Sep 11) after a record AI-driven surge in the previous session that put the company closer to the trillion-dollar mark and co-founder...
Saudi oil giant Aramco raises US billion from Islamic bonds
Saudi oil giant Aramco raises US$3 billion from Islamic bonds
[DUBAI] Saudi Aramco, the world’s biggest oil company, raised US$3 billion from a sale of Islamic bonds, a term sheet showed on Thursday (Sep 11), as investors appeared unperturbed...
Deutsche Bank hires trio for Asia Pacific credit trading, sales
Deutsche Bank hires trio for Asia Pacific credit trading, sales
[HONG KONG] Deutsche Bank hired three for its Asia Pacific credit trading and sales desk, underscoring high demand for staff, as finance professionals shift among banks in the region.The...
CIMB Singapore CEO Victor Lee resigns; CFO to take charge in interim
CIMB Singapore CEO Victor Lee resigns; CFO to take charge in interim
[SINGAPORE] Victor Lee has resigned from his roles as chief executive officer of CIMB Singapore and chief executive of growth markets, parent company CIMB Group announced on Tuesday (Sep...