Leadership
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...
Siemens looks to digital platform to tackle automation downturn
SIEMENS is looking to its online digital platform Xcelerator to support future growth, including at its factory automation business which has been hit by weakening demand in China and...
US: Wall Street opens lower after higher-than-expected CPI data
Wall Street’s main indexes fell at the open on Thursday (Oct 10), after data showed US inflation was higher than expected in September, keeping the Federal Reserve on track...
FLCT renews 12-year lease for Australian office building
As at Mar 31, the Caroline Chisholm Centre accounted for 3.2% of FLCT’s portfolio valueTHE manager of Frasers Logistics and Commercial Trust (FLCT) on Thursday (Oct 10) said the...
Ikea sales fall 5% after price cuts amid weak housing market
IKEA annual sales fell 5 per cent after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking...
Delta forecasts record fourth quarter profit on improved pricing, strong holiday bookings
DELTA Airlines said on Thursday (Oct 10) that the current quarter has shaped up to be one of the most profitable fourth quarters in its history, with improved pricing...
Singapore stocks buck regional gains on Thursday; STI down 0.3%
Jardine Matheson is the top gainer within the index, while Yangzijiang Shipbuilding falls the mostSINGAPORE stocks ended lower on Thursday (Oct 10), despite gains elsewhere in the region.The benchmark...
GSK surges 6.5% after US$2.2 billion Zantac lawsuits settlement
SHARES of British drugmaker GSK rose as much as 6.5 per cent on Thursday (Oct 10), after it agreed to pay up to US$2.2 billion to settle lawsuits in...
