Leadership
Singapore shares open higher on Monday; STI up 0.6%
SINGAPORE stocks began Monday (Oct 7) trading in positive territory, mirroring weekend gains in overseas markets. As at 9.01 am, the Straits Times Index (STI) rose 0.6 per cent or...
Rio Tinto makes approach for US$3.3 billion Arcadium Lithium
RIO Tinto, the world’s second-largest miner, confirmed it has made a non-binding takeover approach for Arcadium Lithium.Rio said there was no certainty that any transaction will be agreed with...
Quebec pension fund says it’s ready to back Couche-Tard in 7-Eleven quest
A SENIOR executive at Quebec’s public pension manager said the fund will likely provide financial backing to Alimentation Couche-Tard if it moves ahead with a takeover bid for Seven...
Volkswagen CEO sees threat of retaliatory tariffs from China: report
VOLKSWAGEN chief executive officer Oliver Blume hopes for an alternative solution to tariffs on Chinese electric vehicles (EVs) as he braces for potential retaliation from Beijing, Bild am Sonntag...
Beng Kuang Marine strips non-core business units, pivots to asset-light model to chart turnaround
It has shuttered its ship chartering, hardware distribution and bottled water supply businessesWHEN a live cattle carrier owned by Beng Kuang Marine was detained in Indonesian waters, chief executive...
China stock scepticism gets louder as world-beating run extends
The world-beating rally in Chinese stocks is failing to convince many global fund managers and strategists.Invesco, JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings are...
Coffee on boil: Not everyone’s cup of tea
COFFEE, once seen as a luxury, has evolved into a daily necessity, deeply ingrained in the lifestyles of millions worldwide. Yet, behind...
IPhone maker Hon Hai sustains revenue rebound with help from AI
Hon Hai Precision Industry’s revenue growth accelerated last quarter, sustaining a bounce-back as demand for the servers that drive artificial intelligence (AI) development offset weak smartphone sales.Apple’s main manufacturing...
