Leadership

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...
Meta delays AI chatbot launch in Europe after regulator pushback
Meta delays AI chatbot launch in Europe after regulator pushback
June 16, 2024
Facebook parent company Meta Platforms will delay its launch of the Meta artificial intelligence (AI) chatbot in Europe after regulators on the continent requested the company pause its plan...
First Bitcoin ETF to list on Australia’s bourse in global wave
First Bitcoin ETF to list on Australia’s bourse in global wave
June 15, 2024
An exchange-traded fund (ETF) investing directly in Bitcoin will list on Australia’s main stock market for the first time, kicking off another wave of such listings after similar products...
Goldman Sachs boosts S&P 500 target on upbeat profit outlook
Goldman Sachs boosts S&P 500 target on upbeat profit outlook
June 15, 2024
Goldman Sachs Group strategists have boosted their year-end target for the S&P 500 Index for a third time, reflecting Wall Street’s optimistic outlook for earnings growth and the US...
Fed’s Mester sees inflation risks to upside despite better data
Fed’s Mester sees inflation risks to upside despite better data
June 15, 2024
Federal Reserve Bank of Cleveland President Loretta Mester said she still sees inflation risks as tilted to the upside despite welcome news in the latest data.Mester, speaking in print...
Oil dips, but posts weekly gain on solid 2024 demand outlook
Oil dips, but posts weekly gain on solid 2024 demand outlook
June 14, 2024
Oil futures prices settled slightly lower on Friday (Jun 14) after a survey showed deteriorating US consumer sentiment, but prices rose 4 per cent for the week as investors...
Shanghai allows Tesla to carry out Full Self-Driving pilot
Shanghai allows Tesla to carry out Full Self-Driving pilot
June 14, 2024
SHANGHAI is allowing 10 Tesla vehicles to carry out tests of the company’s most advanced autonomous driving software to pave way for its rollout in China, local-government-backed The Shanghai...
US: Stocks slip as markets eye cautious Fed
US: Stocks slip as markets eye cautious Fed
June 14, 2024
WALL Street’s main indexes opened lower on Friday (Jun 14), with investors pausing after strong rallies on the S&P 500 and the Nasdaq, as they weighed hawkish Federal Reserve...