Leadership
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...
LG sees battery breakthrough by 2028 that has eluded Tesla
LG ENERGY Solution is aiming to commercialise what’s been described as a game changing battery-making technology by 2028, opening a path for the South Korean cell manufacturer to become...
Singapore data centre industry likely to focus on AI niche for computational efficiency: experts
With the government’s latest road map, data centres will be better placed to serve higher-value workloads THE limited capacity in the data centre sector is likely to push the local data centre...
AI deals lift US venture capital funding to highest level in two years, data shows
US VENTURE capital funding surged to US$55.6 billion in the second quarter, marking the highest quarterly total in two years, according to PitchBook data published on Wednesday (Jul 3).The...
Ford’s Q2 sales slow as industry reels from CDK cyberattack
The outage at retail technology and software provider CDK in late June, a crucial selling period, affected salesFord reported slower sales growth for the second quarter on Wednesday (Jul...
