Leadership
Passenger car COEs all rise; mainstream car and open categories hit new highs for 2024
THE premiums for passenger cars’ Certificates of Entitlement (COE) rose in September’s second round of bidding, with the open category and the category for mainstream cars both hitting new...
Australian shares end off record high ahead of Fed rate decision
Australian shares ended flat on Wednesday (Sep 18) after hitting a record high, as a fall in miners offset gains in financials, while investors assessed the odds of a...
OCBC invests S$500 million in Punggol Digital District innovation hub and SIT partnership
OCBC will invest about S$500 million into building its new innovation hub in the Punggol Digital District.The amount will also go towards funding a learning lab in the Singapore...
Tupperware files for bankruptcy as its colourful containers lose relevance
TUPPERWARE Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday (Sep 17), giving in to dwindling demand for its once-iconic food storage containers and...
Salesforce’s new AI strategy acknowledges that AI will take jobs
SALESFORCE is unveiling a pivot in its artificial intelligence (AI) strategy this week at its annual Dreamforce conference, now saying that its AI tools can handle tasks without human...
Gold holds steady ahead of Fed decision
GOLD prices held steady on Wednesday (Sep 18) as market participants braced for an expected Federal Reserve move to cut interest rates for the first time in more than...
Singapore shares open lower on Wednesday; STI down 0.5%
SINGAPORE stocks began Wednesday (Sep 18) trading in negative territory, although global equities largely rose overnight.As at 9.01 am, the Straits Times Index (STI) fell 17.29 points or 0.5...
Australia’s RBA to prioritise wholesale CBDC work over retail
AUSTRALIA’S central bank has decided to prioritise work on a wholesale central bank digital currency (CBDC) as its economic benefits are judged to outweigh those of a retail version,...
