Leadership
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
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...
‘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 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 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...
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...