Leadership
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
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
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,...
MoneyHero slashes Q2 loss to US$12.2 million on higher revenue
NASDAQ-LISTED MoneyHero reported a net loss of US$12.2 million for the second quarter ended Jun 30, narrowing from a loss of US$68.6 million in the year-ago period.This was attributed...
CTBC is said to consider pulling out of Shin Kong takeover battle in Taiwan
CTBC Financial Holding is set to decide against a fresh offer for Shin Kong Financial Holding, according to sources familiar with the situation, paving the way for rival Taishin...
Bank of Japan leaves key interest rate unchanged
THE Bank of Japan left interest rates unchanged on Friday, after a decision to hike them in July pushed the yen sharply higher and fuelled turmoil across world markets.Two...
China’s banks maintain key lending rates as PBOC stays on pause
CHINESE banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with record-low profit margins.The one-year loan prime rate...
Hershey Co lays off some workers this week
A SPOKESPERSON for Hershey said on Thursday the chocolate maker laid off a small number of its employees this week as part of organisational changes the company announced earlier...
