Leadership

Berkshire Hathaway sells HK0.5 million of shares in China’s BYD
Berkshire Hathaway sells HK$310.5 million of shares in China’s BYD
June 17, 2024
BERKSHIRE Hathaway, the investment company owned by Warren Buffett, has sold 1.3 million Hong Kong-listed shares of electric-vehicle maker BYD for HK$310.5 million (S$53.8 million), a stock exchange filing...
China steps up warnings on relentless bond-buying frenzy
China steps up warnings on relentless bond-buying frenzy
June 17, 2024
CHINA has ramped up warnings against bond bulls via state media reports amid signs the frenzy to buy government debt is trickling back.  Bond funds will find it difficult...
UBS offers to redeem funds linked to 2021 Greensill collapse
UBS offers to redeem funds linked to 2021 Greensill collapse
June 17, 2024
UBS Group said it will give investors in Credit Suisse funds linked to the collapse of Greensill Capital a significant proportion of their money back, as the Swiss bank...
BOJ to forgo July rate hike, taper 24 trillion yen per year: ex-policymaker
BOJ to forgo July rate hike, taper 24 trillion yen per year: ex-policymaker
June 17, 2024
THE Bank of Japan (BOJ) is likely to trim bond-buying by around 24 trillion yen (S$206 billion) annually in new guidance due next month, but forgo raising interest rates...
ST Engineering bags over S0 million of ammunition orders from Europe
ST Engineering bags over S$100 million of ammunition orders from Europe
June 17, 2024
SINGAPORE Technologies Engineering (ST Engineering) has won ammunition orders of more than S$100 million in total value from Europe between April and early June, the group announced on Monday...
Asia: Stocks drop on worries over global risks
Asia: Stocks drop on worries over global risks
June 17, 2024
Asian stocks fell as concern over France’s political crisis stoked anxiety in global markets, while traders awaited policy decisions from major central banks due this week.Equity benchmarks in Japan...
Sasseur Reit focuses on operational resilience, financial prudence to ride out sector headwinds
Sasseur Reit focuses on operational resilience, financial prudence to ride out sector headwinds
June 16, 2024
THE Chinese economy has faced headwinds amid a property crisis and prudent consumer behaviour, which has weighed heavily across property groups as well as some real estate investment trusts...
From sails to wings: Maritime players innovate on fuel efficiency
From sails to wings: Maritime players innovate on fuel efficiency
June 16, 2024
ROTATING sails, hybrid boats and vessels inspired by birds – these are some of the innovations that Singapore-listed companies are deploying to improve the energy efficiency of maritime transportation...
As default rates rise, better metrics are needed to help private credit investors
As default rates rise, better metrics are needed to help private credit investors
June 16, 2024
AVOIDING losses is key when investing in private credit, but navigation can be tricky given a general lack of data as well as a lack of standardised metrics. Initiatives are...
MAS, CAD investigating Seatrium on potential offences in Brazil bribery case
MAS, CAD investigating Seatrium on potential offences in Brazil bribery case
June 16, 2024
Seatrium said it had been informed on Friday evening (Jun 14) that the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) are conducting a joint investigation...