Leadership
Singapore stocks open higher on Tuesday; STI up 0.2%
SINGAPORE stocks opened stronger on Tuesday (Jun 18) following overnight gains on global markets.The Straits Times Index (STI) rose 0.2 per cent or 6.22 points to 3,303.77 as at...
Trafigura agrees to pay US$55 million to settle CFTC charges
A UNIT of global commodities trader Trafigura has agreed to pay a US$55 million civil fine to settle US Commodity Futures Trading Commission (CFTC) charges of fraud, manipulation and...
Hyundai Motor shares hit record high as investors bet on India IPO
HYUNDAI Motor’s shares hit a record high as investors bet on the South Korean automaker’s plan to list its India unit in Mumbai, which would help Hyundai Motor boost...
YouTube tests context ‘notes’ feature for videos
ALPHABET’S YouTube will soon allow users to add ‘notes’ that will provide context on some of its videos as part of a new feature that will be initially rolled...
Asian gold buying spree burnishing Singapore’s status as precious metals hub
SINGAPORE’S proximity to emerging gold markets in Asia as well as its political and financial stability amid global macroeconomic uncertainties are spurring its ambitions to become a regional gold...
Sabana Reit denies allegations that bond issuance is ‘highly abnormal’ or ‘impedes internalisation’
THE manager of Sabana Industrial Real Estate Investment Trust (Sabana Reit) has denied allegations that the upcoming issuance of its sustainability-linked bond puts the trust in “financial jeopardy”, nor...
India’s stock value tops US$5 trillion as Modi’s win powers rally
INDIA’S stock market value is exceeding US$5 trillion for the first time, with the latest boost coming from a commitment by Prime Minister Narendra Modi’s new coalition for policy...
US Supreme Court to hear Nvidia bid to scuttle shareholder lawsuit
THE US Supreme Court agreed on Monday (Jun 17) to hear a bid by Nvidia to scuttle a securities fraud lawsuit accusing the artificial intelligence (AI) chipmaker of misleading...
