Leadership
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...
Singapore’s banking trio swells to 45% of Straits Times Index after recent run-up
This comes after the share prices of DBS and OCBC hit new highs, with DBS comprising about a fifth of the benchmark index’s market capAFTER a strong performance this...
China Vanke-linked wealth products miss payments deadline
A CHINESE online financing company has failed to pay investors who bought equity-backed products partially underpinned by projects linked to China Vanke, according to people familiar with the matter.
Shenzhen-based...
Banks continue to lead gains on Wednesday; STI up 1.4%
The local banking trio extend their gains from Tuesday to hit new record highs, as investors remain positive on the sectorSINGAPORE shares ended higher on Wednesday (Jul 3), led...
Freeport Indonesia secures copper concentrate export permit
COPPER miner Freeport Indonesia has secured an export permit for copper concentrate for the rest of year, spokesperson Agung Laksamana said on Wednesday (Jul 3), without elaborating on the...
