Leadership
Wing Tai subsidiary bags 99-year residential site in River Valley
WING Tai’s wholly owned subsidiary has been awarded a 99-year leasehold residential site in River Valley at the tender price of about S$464 million, and plans to build over...
Asia: Yen gains after hitting 38-year low, traders on intervention watch
THE yen edged back slightly on Thursday after hitting a 38-year low against the dollar, putting investors on alert for a possible intervention by Japanese authorities, while investors awaited...
Hitachi to deploy Singtel platform for industrial AI solutions
HITACHI Digital, a subsidiary of Japanese multinational conglomerate Hitachi, will be utilising Singtel’s Paragon platform at its US facilities as part of a new collaboration.Paragon is an all-in-one orchestration platform...
Australian dollar saved by rate hike bets, bonds hammered
THE Australian dollar fell back against a strong US dollar on Thursday but held at 17-year highs on the battered yen, while domestic bonds were hammered by risks of...
Singapore stocks fall at Thursday’s open; STI down 0.1%
SINGAPORE shares were trading lower at the opening bell on Thursday (Jun 27) after global equities ended mixed overnight.As at 9.01 am, the Straits Times Index (STI) fell 3.75...
Boeing resuming widebody airplane deliveries to China: source
BOEING is resuming widebody jet deliveries to China which were halted in recent weeks due to a Chinese regulatory review, according to a source familiar with the matter.Orders of widebody...
Boeing faces whistleblower claims of lapses on some 787 jets
A MECHANIC who worked on Boeing’s 787 Dreamliner alleged he was retaliated against after raising concerns about a subcontractor’s work, according to a statement from attorneys representing him as...
Possible CEO changes at DBS, UOB should be seen as positive
While change involving a long-serving leader is tricky, the banks are well placed to handle successionCHANGE occurred at the apex of Singapore’s financial sector when Chia Der Jiun succeeded...
