Leadership
Asia-Pacific set for takeoff in global air traffic despite supply-chain issues
THE Asia-Pacific region is set to dominate global air passenger traffic growth in the next 15 years, with the numbers projected to more than double the 2019 levels in...
Saudi wealth fund to tap bond markets for fourth time this year
The PIF is also looking to raise a benchmark 2032 green bond at a targeted spread of around 135 basis points above US TreasuriesSaudi Arabia’s sovereign wealth fund is...
Singapore stocks buck the trend in region’s sea of red; STI rises 0.5%
SINGAPORE shares closed higher on Tuesday (Sep 3), even as most regional indices ended in the red. The benchmark Straits Times Index (STI) rose 0.5 per cent or 17.26...
MAS issues 5-year prohibition order against ex-RHB representative for false trading
THE Monetary Authority of Singapore (MAS) on Tuesday (Sep 3) issued a five-year prohibition order against a former representative of RHB Securities, following his conviction for false trading.
Effective...
Tesla plans six-seat Model Y, production slated for 2025 in China, sources say
TESLA plans to produce a six-seat variant of its Model Y car in China from late 2025, two people with direct knowledge of the matter said, as the US...
Cathay cancels 48 flights, including for HK-Singapore route, as 15 Airbus planes need new engine parts
HONG Kong carrier Cathay Pacific said on Tuesday (Sep 3) that 15 of its Airbus A350 jets needed new engine parts after inspecting its entire fleet, which was grounded...
BYD’s dominance is taking a toll on smaller Chinese EV rivals
CHINESE electric car maker BYD’s relentless growth is squeezing out smaller rivals, with Li Auto joining fellow upstart Xpeng in releasing disappointing earnings.In a stark highlight of their contrasting...
GlobalWafers must go global as tariffs rise worldwide, CEO says
GLOBALWAFERS is actively building out manufacturing overseas in anticipation of rising tariffs on chip materials, underscoring growing expectations that tit-for-tat trade measures will disrupt the semiconductor supply chain in...
