Leadership
Reimagining Singapore’s place in the global equity market
WHEN things are not working as well as we would like, we typically have three choices: criticise and complain; accept it and live with it; or try to do...
DFI shrinking Giant’s footprint to focus on Cold Storage amid growing competition
Analysts say DFI’s focus on multi-format retailing continues to keep the counter attractiveSUPERMARKET chain Giant has recently shuttered several outlets here. But market watchers believe there is little cause...
Chinese stock traders ponder just how bad the economy can get
A slew of poor economic data from China is deepening pessimism among equities traders wondering what it’d take for authorities to initiate forceful stimulus.Figures released on Saturday (Sep 14)...
US: Wall St opens slightly higher on rising bets of bigger Fed rate cut
Wall Street opened slightly higher on Friday (Sep 12) as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week.The Dow Jones Industrial...
DSV to create global logistics giant with US$15.9 billion Schenker takeover
DENMARK’S DSV has agreed to buy Schenker, the logistics arm of German state rail operator Deutsche Bahn, for 14.3 billion euros (S$20.6 billion) in a deal that would make...
Russian hackers hit Taiwan bourse, bank in surprise attack
RUSSIAN hacker groups briefly disrupted Taiwanese financial platforms, including the stock exchange and lender Mega Financial’s website, exposing the vulnerability of the island to foreign cyberattacks.Two groups that go...
Deal between Vodafone and Three could harm mobile market, UK’s competition watchdog says
THE UK challenged Vodafone and Three’s claims that their £15 billion (S$25.6 billion) combination would leave the country’s mobile networks better off, saying the deal raises serious competition concerns,...
Ford plans to restart manufacturing plant in India’s Tamil Nadu state
“The move will see the facility re-purposed to focus on manufacturing for export to global markets,” says FordFord Motor plans to restart a manufacturing plant for exports in the...