Leadership

Sembcorp unit to acquire 30% interest in Senoko Energy
Sembcorp unit to acquire 30% interest in Senoko Energy
Sembcorp Utilities’ acquisition is expected to be completed in the fourth quarter of 2024, subject to certain conditionsSEMBCORP’S wholly owned subsidiary Sembcorp Utilities has signed a sale and purchase...
Moody’s, Fitch withdraw LMIRT’s credit ratings
Moody’s, Fitch withdraw LMIRT’s credit ratings
The agencies also withdraw ratings on notes issued by LMIRT’s wholly owned subsidiary, LMIRT CapitalTWO ratings agencies have withdrawn Lippo Malls Indonesia Retail Trust’s (LMIRT) credit ratings.Moody’s Investor Service...
Singapore stocks continue upward march; STI gains 0.6%
Singapore stocks continue upward march; STI gains 0.6%
SINGAPORE stocks continued their upward rally as the Straits Times Index (STI) posted a new 52-week high on Tuesday (Sep 17). Investor sentiment appeared upbeat as Enterprise Singapore data...
Trump and Harris platforms both negative for stocks, Citi says
Trump and Harris platforms both negative for stocks, Citi says
BOTH Donald Trump’s and Kamala Harris’s political platforms appear negative for US equities, with the Democratic candidate’s plans to raise corporate tax seen having the biggest impact, according to...
Ensign joins growing list of companies, agencies to introduce deepfake detection in software suite
Ensign joins growing list of companies, agencies to introduce deepfake detection in software suite
The integration of the software will create a more comprehensive view of the threats that employees may faceCYBERSECURITY player Ensign Infosecurity launched its solution to detect deepfakes generated with...
Cordlife upgrades monitoring system, tightens operational protocols
Cordlife upgrades monitoring system, tightens operational protocols
CORDLIFE announced on Tuesday (Sep 17) that it is improving operational protocols and upgrading the laboratory monitoring system at its processing and storage facility, as it resumes cord-blood banking...
Isetan Singapore to delist on Sep 19
Isetan Singapore to delist on Sep 19
The department store operator has posted a net loss of S$1.2 million for the full year ended Dec 31, 2023DEPARTMENT store operator Isetan Singapore will delist from the Singapore...
Trump unveils crypto project, says US should dominate sector
Trump unveils crypto project, says US should dominate sector
DONALD Trump headlined an event billed as the unveiling of a crypto platform promoted by the Republican nominee and his sons, putting the spotlight on a niche sector of...
Japan finance minister says Seven & i’s new ‘core’ tag doesn’t raise bar for buyout
Japan finance minister says Seven & i’s new ‘core’ tag doesn’t raise bar for buyout
FINANCE Minister Shunichi Suzuki said on Tuesday that Japanese retail giant Seven & i Holdings’ new status as a company “core” to national security would not raise additional hurdles...
Gold hovers near record high on prospects of bigger Fed rate cut
Gold hovers near record high on prospects of bigger Fed rate cut
GOLD prices held steady on Tuesday (Sep 17) to hover near record highs scaled in the previous session, as markets anticipate the beginning of a US easing cycle, with...