Leadership
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...
Apple seeks to scrub ‘dominance’ from China antitrust app ruling
APPLE is seeking to get a Chinese court to alter its written ruling in a lawsuit the iPhone maker won, an unusual move that underscores the sensitivity of the...