Leadership
Japan’s Nikkei plummets 13% in biggest rout since 1987 Black Monday
JAPANESE stocks collapsed on Monday (Aug 5) in their biggest single day rout since the 1987 Black Monday sell-off, driven by last week’s plunge in global stock markets, economic...
Apple supplier stocks slump after Berkshire nearly halves stake
THE shares of Apple’s suppliers slumped after Berkshire Hathaway nearly halved its stake in the iPhone maker. The decline came amid a broad market selloff on Monday (Aug 5).Taipei-listed...
Prudential taps former Citi executive to be new Greater China CEO
PRUDENTIAL has appointed Angel Ng, a former senior leader at Citi, as its new chief executive officer for its Greater China, customer and wealth businesses.
Ng will take over...
Bitcoin sinks 10%, extending losses after worst week since
BITCOIN is under pressure from a bout of risk aversion in global markets that saddled the largest digital asset with its heftiest weekly loss since the collapse of the...
Bond traders bet big on the Fed launching into rescue mode
BOND traders are piling into bets that the US economy is on the verge of deteriorating so quickly that the Federal Reserve will need to start easing monetary policy...
AEM expects AI supercycle to lift its fortunes
AS SHE entered AEM Holdings’ seven-storey office in Serangoon North for the first time, chief executive Amy Leong said she was impressed...
Berkshire halves Apple stake, boosts cash to US$277 billion as it gets ‘defensive’
Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly US$277 billion and selling about half its stake in Apple, even as the...
Singaporean David Yong, from Netflix’s Super Rich in Korea, charged with falsification of accounts
Singaporean businessman David Yong has been charged with falsification of accounts in relation to a promissory note arrangement involving Evergreen Group Holdings.The 37-year-old chief executive of Evergreen Group Holdings, whose...
