Leadership
Oil prices climb 2% on China stimulus, Middle East conflict
OIL prices climbed about 2 per cent to a three-week high on Tuesday (Sep 24) on news of monetary stimulus from China, the world’s top importer, and concerns that...
Maryland sues cargo ship owner, operator over Baltimore bridge collapse
THE state of Maryland on Tuesday (Sep 24) filed civil claims against the owner and operator of the cargo ship that struck the Francis Scott Key Bridge in March,...
Frasers Hospitality Trust managers appoint Benjamin Kuah as CFO
He is currently the head of finance at Frasers Hospitality International, a role that he took up in January 2024THE managers of Frasers Hospitality Trust – a stapled group...
China’s big-bang stimulus boosts yuan; Aussie up after RBA
CHINA’S yuan hit a 16-month high on Tuesday (Sep 24), after stimulus measures infused broader markets with enthusiasm and boosted the euro, while the Australian dollar touched a 2024...
TikTok to shut down its music streaming business in November
TIKTOK plans to discontinue its music service in November, ending a years-long experiment to compete with Spotify Technology and Apple.
TikTok Music will go offline on Nov 28 and customer...
STI cedes gains, bucks regional trend
Across the broader market, advancers outnumber decliners 405 to 219, as 1.4 billion shares worth S$1.7 billion change handsTHE Straits Times Index (STI) faltered on Tuesday (Sep 24), as...
UBS CEO says Asia business still key amid ‘less linear’ growth
UBS Group is reiterating its commitment to the Asia-Pacific region and particularly to China, as the bank still sees it as a key driver for growth, according to chief...
Credit Agricole in talks to invest in Guangzhou Auto unit
The transaction will give the leasing business a valuation of about US$600 million after completionCREDIT Agricole is in advanced talks to invest in Guangzhou Automobile’s (GAC) financial leasing unit,...
