Leadership

Europe: Stoxx 600 falls a day after Fed-fuelled rally
Europe: Stoxx 600 falls a day after Fed-fuelled rally
European shares slipped on Friday (Sep 20) after a rally in the previous session spurred by the US Federal Reserve’s outsized interest rate cut, while drugmaker Novo Nordisk slid...
Fed jumbo rate cut puts pressure on money market fund investors
Fed jumbo rate cut puts pressure on money market fund investors
INVESTMENT advisers are urging clients to dump hefty cash allocations now that the Federal Reserve has begun its much-anticipated interest-rate easing, a process they expect to limit the appeal...
Trump Media slides to new low as lock-up expires
Trump Media slides to new low as lock-up expires
SHARES of Trump Media & Technology Group fell 5 per cent on Friday (Sep 20) as the Truth Social parent extended this week’s steep sell-off after a lock-up on...
‘No work, no pay,’ Samsung warns striking Indian workers as dispute escalates
‘No work, no pay,’ Samsung warns striking Indian workers as dispute escalates
Samsung Electronics has warned its striking workers in southern India they will not receive wages if they continue protesting and also face the risk of termination, a company email...
DBS says it raised flags over embattled Bangladesh lawmaker
DBS says it raised flags over embattled Bangladesh lawmaker
DBS Group said it raised flags about a former lawmaker in Bangladesh who had amassed a US$265 million real estate empire and reportedly borrowed money from the Singapore bank.The...
Vietnamese EV maker VinFast reports wider sequential gross loss
Vietnamese EV maker VinFast reports wider sequential gross loss
VIETNAMESE electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday (Sep 20), driven by rising costs linked to its ambitious Asia expansion, although its revenue remained on a...
Indonesia’s Barito Renewables tumbles after FTSE Index removal
Indonesia’s Barito Renewables tumbles after FTSE Index removal
BARITO Renewables Energy tumbled by its daily limit after FTSE Russell said it would delete the Indonesian power giant from its indices a day after the anticipated entry date.The...
Singapore shares decline despite regional rally; STI down 0.2%
Singapore shares decline despite regional rally; STI down 0.2%
SINGAPORE stocks ceded some of the gains that they made this week as investors appeared to take profit on Friday (Sep 20). The Straits Times Index (STI) fell 0.2...
Tech giants push to dilute Europe’s AI Act
Tech giants push to dilute Europe’s AI Act
THE world’s biggest technology companies have embarked on a final push to persuade the European Union to take a light-touch approach to regulating artificial intelligence as they seek to...
Lazada-backed TNG Digital eyes Malaysian IPO over next two to three years: sources
Lazada-backed TNG Digital eyes Malaysian IPO over next two to three years: sources
MALAYSIA’S largest fintech company TNG Digital is looking at a potential domestic initial public offering (IPO) over the next two to three years that could raise over US$300 million,...