Leadership

US: Wall Street opens muted after August payrolls data
US: Wall Street opens muted after August payrolls data
Wall Street’s main indexes were subdued at the open on Friday (Sep 6) after a report showed fewer-than-expected jobs additions in the previous month, aiding expectations that the Federal...
Construction of Changi Airport Terminal 5 to start in first half of 2025: PM Wong
Construction of Changi Airport Terminal 5 to start in first half of 2025: PM Wong
The construction of Changi Airport Terminal 5 (T5) will start in the first half of 2025, and in the mid-2030s, when the mega terminal is operational, the aim is...
Malaysia Airlines says ‘potential issue’ found on one A350-900 engine
Malaysia Airlines says ‘potential issue’ found on one A350-900 engine
MALAYSIA Airlines said on Friday (Sep 6) it had found a “potential issue” with the engine of an Airbus A350-900 aircraft in its fleet but added that it had...
Which are China’s top five brokerages?
Which are China’s top five brokerages?
STATE-BACKED Guotai Junan Securities’ purchase of its rival Haitong Securities to create a sector leader is part of Beijing’s drive to consolidate the US$1.7-trillion industry amid challenging markets, a...
JPMorgan appoints Kam Shing Kwang as new HK CEO: memo
JPMorgan appoints Kam Shing Kwang as new HK CEO: memo
JPMORGAN has appointed Kam Shing Kwang as its new Hong Kong CEO, succeeding Harshika Patel as she completes her term, an internal memo reviewed by Reuters on Friday shows.Kwang’s...
Gold holds below 1-week high ahead of US jobs data, heads for weekly gain
Gold holds below 1-week high ahead of US jobs data, heads for weekly gain
GOLD held below a one-week high on Friday and was on track for a weekly gain, as market participants focused on US jobs data that could shape the size...
Singapore shares open lower on Friday; STI down 0.1%
Singapore shares open lower on Friday; STI down 0.1%
Across the broader market, losers outnumber gainers 60 to 55 after 55.9 million securities worth S$48.5 million change handsSINGAPORE equities began Friday (Sep 6) in negative territory, tracking global...
Stocks to watch: Nio, UOB
Stocks to watch: Nio, UOB
THE following companies saw new developments that may affect trading of their securities on Friday (Sep 6):
Telegram chief Durov blasts ‘surprising’ and ‘misguided’ French charges
Telegram chief Durov blasts ‘surprising’ and ‘misguided’ French charges
TELEGRAM founder and chief executive Pavel Durov on Thursday hit out at France for arresting and charging him last month over the publication of extremist and illegal content on...
Rate cuts may boost esoteric fund financing but its unfamiliarity to S-E Asia’s lenders may be an issue
Rate cuts may boost esoteric fund financing but its unfamiliarity to S-E Asia’s lenders may be an issue
New forms of financing could pop up with the expected cut in the US federal funds rate, but the region’s fund financing market is still small FUND finance 2.0...