Leadership
Samsung hikes prices, bets on AI to reclaim foldables lead
SAMSUNG Electronics sees the addition of artificial intelligence (AI) features as the key to reclaiming its title as the world’s leading maker of foldables, mobile chief TM Roh said...
Archegos founder Bill Hwang convicted at fraud trial over fund’s collapse
ARCHEGOS Capital Management founder Sung Kook “Bill” Hwang was convicted of fraud and other charges by a jury in Manhattan federal court on Wednesday at a criminal trial in...
Abu Dhabi draws energy majors to LNG project as competition grows
ABU Dhabi National Oil Company (Adnoc) on Wednesday (Jul 10) awarded stakes in its Ruwais liquefied natural gas (LNG) expansion project to four international companies, as competition intensifies among...
US dollar dithers on Powell’s caution
THE greenback traded near three-week lows on Wednesday (Jul 10) as a cautious tone from Federal Reserve chair Jerome Powell kept risk sentiment in check, while the New Zealand...
BMW pulls away from Mercedes and Audi in electric-car race
BMW is bucking the trend in Europe, where sales of battery-powered cars have flattened or diminishedBMW extended its lead over German rivals in the shift to electric vehicles with...
Banks catapult STI to 6-year high as Singapore stocks extend gains
THE Straits Times Index (STI) hit a six-year high on Wednesday (Jul 10), after the blue-chip gauge surged 33.84 points or 1 per cent to 3,459.93.Across the broader market,...
South Korea Samsung union declares ‘indefinite’ strike
A union representing tens of thousands of workers at Samsung Electronics in South Korea said on Wednesday (Jul 10) it would extend a three-day strike indefinitely in a bid...