Leadership
Broadcom boosts revenue forecast from AI chips, unveils stock split
BROADCOM raised its annual forecast for revenue from chips that help in artificial intelligence (AI) work by 10 per cent on Wednesday (Jun 12) and announced a stock split...
South Korea to discuss short-selling rule tweaks as ban deadline nears
SOUTH Korea will consider changes to its short-selling rules on Thursday (Jun 13) as part of ongoing discussions on when to lift the ban on the trading strategy.Government officials...
Oil climbs on 2024 stock forecasts, reinforced US rate cut bets
OIL prices rose more than 1 per cent on Wednesday after three key forecasters predicted that global oil inventories would fall in the second half of 2024, while US inflation data solidified...
SIA ends an interesting chapter of its history with redemption of its last remaining MCBs
THIS month, on Jun 24, Singapore Airlines (SIA) will redeem the last of the mandatory convertible bonds (MCBs) it issued to ride through the pandemic. SIA on May 15...
Nick Shrestha : From a $100 startup to earning the Prestigious Business 40 under 40 recognition.
On the global stage, it is uncommon to see someone of Nepali heritage spotlighted in the prestigious "Business 40 Under 40" list. Nick Shrestha, a vibrant and dynamic student with...
Mapletree Logistics Trust to sell Xi’an subsidiary for 70.5 million yuan
MAPLETREE Logistics Trust : M44U 0% announced the divestment of its entire equity interest in its wholly foreign-owned enterprise, Mapletree Logistics Warehouse (Xian), for an estimated price of 70.5...
Apple becomes the first US$1 trillion global brand: Kantar
US technology firm Apple has become the first brand to cross US$1 trillion in brand value, a 15 per cent jump from last year, a global ranking by Kantar’s...
Forget copper and gold as steelmaking raw material outperforms
Manganese, an essential steelmaking ingredient, has outstripped copper, gold and many other commodities this year after a cyclone halted exports from the world’s second-largest mine in March.Prices of 44...
