Leadership

US: Wall St opens higher as investors assess US election after Biden exit
US: Wall St opens higher as investors assess US election after Biden exit
Wall Street’s main indexes opened higher on Monday (Jul 22) as investors weighed the odds of a second term for Republican nominee Donald Trump in the November election after...
Boeing secures 40-plane order from Korean Air
Boeing secures 40-plane order from Korean Air
The airplane manufacturer also has an order from US group National Airlines for four wide-body cargo planesKOREAN Air lodged a firm order on Monday (Jul 22) for 40 Boeing...
Tesla to have humanoid robots for internal use next year, Musk says
Tesla to have humanoid robots for internal use next year, Musk says
TESLA will have humanoid robots in low production for the company’s internal use next year, CEO Elon Musk said on Monday (Jul 22), months after he announced that the...
Nvidia preparing version of new flagship AI chip for Chinese market: sources
Nvidia preparing version of new flagship AI chip for Chinese market: sources
NVIDIA is working on a version of its new flagship AI chips for the China market that would be compatible with current US export controls, four sources familiar with...
Brokers’ take: Maybank raises Dyna-Mac target on higher earnings forecast
Brokers’ take: Maybank raises Dyna-Mac target on higher earnings forecast
MAYBANK Securities raised its target price on Dyna-Mac, after the offshore oil and gas contractor said it expects a “significant improvement” in net profit for the first half of...
Japan’s Nikkei ends at a 3-week low as chip-related stocks decline
Japan’s Nikkei ends at a 3-week low as chip-related stocks decline
Japan’s Nikkei share average ended at a three-week low on Monday (Jul 22), extending its decline to a fourth session, as chip-related stocks tumbled after their Wall Street peers...
Gold expected to scale new heights
Gold expected to scale new heights
The price of gold continued to appreciate recently, recording a new all-time high on Jul 16 when it traded above the previous high of US$2,450 per ounce level recorded...
Big Tech stock slump amps up pressure to deliver on earnings
Big Tech stock slump amps up pressure to deliver on earnings
THE stakes were already elevated for technology giants heading into this earnings season. They just got a lot higher after the worst week for the Nasdaq 100 Index in...
Nippon Steel hires Pompeo to help clinch purchase of US Steel
Nippon Steel hires Pompeo to help clinch purchase of US Steel
NIPPON Steel has hired former US Secretary of State Mike Pompeo to help complete a proposed purchase of United States Steel, a deal facing bipartisan opposition from Donald Trump...
Airlines start digging themselves out of epic flight disruptions
Airlines start digging themselves out of epic flight disruptions
AIRLINES began slowly resuming some operations following a chaotic start to the day in the wake of a widespread global software meltdown, with thousands of delayed or cancelled flights...