Leadership

What’re your brand and technology worth? New valuation guidelines being developed for intangible assets
What’re your brand and technology worth? New valuation guidelines being developed for intangible assets
August 28, 2024
Singapore valuers’ institute working with key international organisations; public views to be sought in H1 2025BUSINESS valuers can look forward to more guidance on how to value non-physical assets...
Gold holds ground near record high as rate-cut bets build
Gold holds ground near record high as rate-cut bets build
August 28, 2024
GOLD prices were little changed on Wednesday (Aug 28), but held near a record high hit last week on prospects of imminent US rate cuts and safe-haven demand fuelled...
Singapore shares open lower on Wednesday; STI down 0.1%
Singapore shares open lower on Wednesday; STI down 0.1%
August 28, 2024
SINGAPORE shares started trading in negative territory on Wednesday (Aug 28) despite overnight gains in global markets.As at 9.01 am, the Straits Times Index (STI) opened 0.1 per cent...
Stocks to watch: Keppel Infrastructure Trust, Wing Tai, Lum Chang
Stocks to watch: Keppel Infrastructure Trust, Wing Tai, Lum Chang
August 28, 2024
THE following companies saw new developments that may affect trading of their securities on Wednesday (Aug 28):Keppel Infrastructure Trust: It has issued 456.6 million new units at an issue...
Big Tech wants AI to be regulated. Why do they oppose a California AI bill?
Big Tech wants AI to be regulated. Why do they oppose a California AI bill?
August 27, 2024
CALIFORNIA legislators are set to vote on a bill as soon as this week that would broadly regulate how artificial intelligence is developed and deployed in California even as...
ExxonMobil seeks to sell conventional Permian assets for US billion
ExxonMobil seeks to sell conventional Permian assets for US$1 billion
August 27, 2024
EXXONMOBIL is looking to sell a package of conventional oil assets in the Permian Basin as the company focuses on growing shale production after buying Pioneer Natural Resources earlier...
Meta shuttering augmented reality studio amid pivot to AI
Meta shuttering augmented reality studio amid pivot to AI
August 27, 2024
META Platforms will close an augmented reality (AR) studio to prioritise investments in other areas, including a burgeoning artificial intelligence (AI) business.The studio, called Meta Spark, allows developers to...
China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions
China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions
August 27, 2024
THE electric vehicle unit of embattled real estate developer China Evergrande said on Tuesday (Aug 27) it expected to report a bigger loss for the first half of 2024,...
US: Wall Street opens lower on caution ahead of Nvidia results, economic data
US: Wall Street opens lower on caution ahead of Nvidia results, economic data
August 27, 2024
Wall Street’s main indexes opened lower on Tuesday (Aug 27) as caution prevailed ahead of highly anticipated results from Nvidia and crucial economic data expected later in the week.The...
ECB can gradually cut rates but jury still out on September, Knot says
ECB can gradually cut rates but jury still out on September, Knot says
August 27, 2024
THE European Central Bank can gradually lower interest rates if inflation continues to fall but more data is needed before a September cut can be decided, Dutch policymaker Klaas...