Leadership
South Korea’s central bank cuts rates as slumping economy slows inflation
SOUTH Korea’s central bank cut policy interest rates for the first time in four and a half years, making a shift away from quashing inflation, currently below its 2...
Tesla CEO Musk unveils two-door robotaxi, seen as key to long-term growth
TESLA CEO Elon Musk showcased a long-promised robotaxi with two gull-wing doors and without a steering wheel or pedals at a much-hyped event on Thursday (Oct 10), paving the...
Boeing would be biggest-ever US ‘fallen angel’ if cut to junk
IF CUT to junk status, Boeing will be the biggest US corporate borrower to ever be stripped of its investment-grade ratings and join junk bond indexes, flooding the high-yield...
BlackRock, GIC to invest in Hyundai Motor India IPO
BLACKROCK and Singaporean sovereign wealth fund GIC are among those that have made bids to buy stock in Hyundai Motor India’s US$3.3 billion initial public offering (IPO), according to...
Oil prices jump 4 per cent on US storm and Israel-Iran fears
OIL prices jumped about 4 per cent on Thursday (Oct 10) on a spike in US fuel use before Hurricane Milton barrelled across Florida, Middle East supply risks and...
WhiteCoat to acquire Indonesian telemedicine startup Good Doctor
The Singapore-headquartered digital health provider has secured a round of fresh funding led by Raffles Family OfficeWHITECOAT Global is acquiring telemedicine platform Good Doctor Indonesia in what it calls...
How boards can tackle emerging risks
THE board plays a critical role in overseeing an organisation’s risk strategy. Among these, cyber and ESG (environmental, social and governance) risks represent two of the most prevalent trends...
Ex-UBS chief Ralph Hamers expects AI to spur next evolution in finance
The banking veteran takes on senior adviser role at digital wealth manager Arta FinanceTHE wealth management industry is on the cusp of change – and banking veteran Ralph Hamers...