Leadership
TSMC rides AI demand to raise Q3 revenue forecast
TAIWAN’S TSMC, the world’s largest contract chipmaker, forecast on Thursday (Jul 18) its revenue in the current quarter will increase by as much as 34 per cent, driven by...
ThaiBev proposes share swap involving Frasers Property, F&N shares
The beverage manufacturer wants to divest its property stakes to become a pure-play F&B businessTHAI Beverage (ThaiBev) has proposed a share swap which will result in the beverage manufacturer...
Singapore shares fall at Thursday’s open; STI down 0.6%
SINGAPORE shares opened lower on Thursday (Jul 18), after indices in the US and Europe closed mixed overnight.The Straits Times Index (STI) fell 0.6 per cent or 20.25 points...
Campaigners urge UK government to block Singapore-headquartered Shein’s IPO in London
CAMPAIGNERS urge United Kingdom government to block Singapore-headquartered Shein’s initial public offering (IPO) in LondonA NEW campaign backed by British retail consultant and television personality Mary Portas has launched...
Oil prices gain 2% on big US storage withdrawal, weaker US dollar
OIL prices climbed about 2 per cent on Wednesday (Jul 17) on a bigger-than-expected weekly drop in US crude stockpiles and as a weaker US dollar overshadowed signs of...
US: Tech shares tumble as Dow ends at 3rd straight record high
THE S&P 500 and Nasdaq finished decisively lower on Wednesday (Jul 17) after talk that tech equities are overbought, while the Dow pushed to a third straight record high.Analysts...
Fit, suitability key to Shell Singapore’s strategy and direction
Its product range includes petroleum, lubricants and plastics, as well as cleaner fuels such as sustainable aviation fuel and LNGWHEN news broke of Shell’s sale of its assets on...