Leadership
Nissan, Honda consider partnering on software, charging infrastructure: Nikkei
JAPANESE automakers Nissan Motor and Honda Motor are considering using standardised automotive software and working together on electric vehicle (EV) charging, the Nikkei newspaper said on Thursday (Jul 4),...
Brokers’ take: Lim & Tan positive on Mermaid Maritime’s growth outlook; initiates with ‘buy’
LIM & TAN Securities initiated coverage on marine logistics company Mermaid Maritime with a “buy” call and a target price of S$0.30 on Wednesday (Jul 3).The target price implies...
Hitachi is ready to spend big on AI, green energy, CFO says
HITACHI is ready to spend hundreds of millions of dollars on acquisitions, as it seeks to bolt on new businesses after spending a long period shedding non-core units and...
Gold ticks higher after weak data fuels US rate cut bets
GOLD prices drifted higher on Thursday (Jul 4), after softer-than-expected US economic data added to hopes that the Federal Reserve could cut interest rates in September.Spot gold rose 0.1...
Global markets on alert for possible Joe Biden exit as Donald Trump-win trades mount
THE red-hot Washington debate over whether US President Joe Biden will scrap his run for re-election is spilling into Wall Street, where traders are shifting money to and from...
Singapore shares open higher on Thursday; STI up 0.5%
SINGAPORE equities continued their rally on Thursday (Jul 4) morning after global markets booked strong gains overnight.As at 9.01 am, the Straits Times Index (STI) climbed 16.71 points or...
Americans look past fuel cost, bad weather to set July Fourth travel record
HIGH fuel costs and the threat of a hurricane are not expected to dampen Americans’ desire to hit the road this summer, with vacationers preparing for record travel to...
Jeff Bezos to sell Amazon shares worth about US$5 billion after stock hits record high
AMAZON founder and executive chair Jeff Bezos is planning to sell almost US$5 billion worth of shares in the e-commerce giant, a regulatory filing showed, after its stock hit...