Leadership

US high-grade bond sales post biggest July in six years
US high-grade bond sales post biggest July in six years
BLUE-CHIP companies sold bonds this month at the fastest rate for any July in six years, harnessing strong demand from investors looking to lock in high yields before the...
Singapore shares fall at Wednesday’s open; STI down 0.4%
Singapore shares fall at Wednesday’s open; STI down 0.4%
SINGAPORE stocks opened weaker on Wednesday (Jul 24) following a mixed performance in the United States and Europe. The Straits Times Index (STI) was down 0.4 per cent or...
Stocks to watch: Best World, HPH Trust, Sabana Reit, Manulife US Reit, Elite UK Reit
Stocks to watch: Best World, HPH Trust, Sabana Reit, Manulife US Reit, Elite UK Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jul 24): Best World International: The beauty products distributor has raised its stake in British...
UK says banks must preserve access to cash after branch closures
UK says banks must preserve access to cash after branch closures
FOURTEEN of the United Kingdom’s largest banks, including HSBC Holdings, Barclays and NatWest Group, must ensure local communities can still easily access cash, the country’s financial watchdog said, as...
Tesla’s profit falls short again in a weakened EV market
Tesla’s profit falls short again in a weakened EV market
TESLA fell short of Wall Street profit estimates in the second quarter, extending a rocky start to the year marked by slower sales and mass firings across the company.It...
Visa slides after revenue at payments giant misses estimates
Visa slides after revenue at payments giant misses estimates
VISA slipped in late trading on Tuesday (Jul 23) after reporting quarterly revenue that just missed Wall Street estimates – a rarity for the world’s biggest payments network.Shares of...
GIC aims to bridge green assets funding gap with new initiative
GIC aims to bridge green assets funding gap with new initiative
Investment programme focuses on climate real assets that are past the laboratory stage but have yet to be scaled up for commercial demandSOVEREIGN wealth fund GIC has launched an...
Airbus and Boeing snap up deals despite delivery delays
Airbus and Boeing snap up deals despite delivery delays
MORE plane orders flowed in at the Farnborough Airshow on Tuesday (Jul 23) despite supply chain pressures on jetmakers and complaints from airlines about delivery delays.Boeing announced deals with...
UPS misses quarterly estimates on high labour costs, weak small-package demand
UPS misses quarterly estimates on high labour costs, weak small-package demand
UNITED Parcel Service (UPS) missed Wall Street estimates for second-quarter earnings on Tuesday (Jul 23), hurt by subdued package delivery demand and higher costs from its Teamsters labour contract. Shares...
Julius Baer picks Goldman Sachs veteran Bollinger as new CEO
Julius Baer picks Goldman Sachs veteran Bollinger as new CEO
JULIUS Baer Group has hired Stefan Bollinger to be its next chief executive officer, a relatively unknown pick to lead the Swiss wealth manager as it seeks to draw...