Leadership

Bank of Japan expected to weigh bond buying cuts as rate hike timing nears
Bank of Japan expected to weigh bond buying cuts as rate hike timing nears
June 11, 2024
THE Bank of Japan (BOJ) is broadly expected to discuss cutting bond purchases at a policy meeting ending on Friday (Jun 7), with some investors expecting the central bank...
Apac M&A falls to 11-year low in first 5 months of 2024: London Stock Exchange
Apac M&A falls to 11-year low in first 5 months of 2024: London Stock Exchange
June 11, 2024
THE mergers and acquisitions (M&A) activity in the Asia-Pacific (Apac) region has declined 26 per cent year on year to an 11-year low of US$179 billion between January and...
Singapore shares rise at Tuesday’s open; STI up 0.2%
Singapore shares rise at Tuesday’s open; STI up 0.2%
June 11, 2024
SINGAPORE equities began trading in positive territory on Tuesday (Jun 11), after US stocks inched up on Monday. As at 9.03 am, the Straits Times Index (STI) opened 0.2 per...
Vietnam eyes greener power but banks on coal to avert blackouts
Vietnam eyes greener power but banks on coal to avert blackouts
June 11, 2024
LIGHTS are off and air conditioning is down at the headquarters of Vietnam’s state-run electricity provider EVN as the country’s top power utility tries to “lead by example” to...
Chip stocks lose shine as hedge funds snap up software instead
Chip stocks lose shine as hedge funds snap up software instead
June 11, 2024
HEDGE funds made an about-face last week dumping semiconductor stocks – beneficiaries of the artificial intelligence (AI) boom – while snatching up software.Fund managers net sold US technology stocks...
TSMC’s premium over SMIC shows challenges for China’s chip fund
TSMC’s premium over SMIC shows challenges for China’s chip fund
June 10, 2024
THE share-price gap between Taiwan Semiconductor Manufacturing Company (TSMC) and China’s biggest chipmaker is near its widest in almost two decades, highlighting the difficulty Beijing faces in building up...
OpenAI plays minor role in Apple’s artificial intelligence event
OpenAI plays minor role in Apple’s artificial intelligence event
June 10, 2024
APPLE’s partnership with OpenAI – in the works for months – was only briefly mentioned at a much-anticipated developer event on Monday (Jun 10), with the iPhone maker’s homegrown...
Abbott secures FDA clearance for two over-the-counter glucose monitors
Abbott secures FDA clearance for two over-the-counter glucose monitors
June 10, 2024
ABBOTT Laboratories said on Monday (Jun 11) the US health regulator had cleared the company’s two new over-the-counter glucose monitoring devices, expanding its presence in a fast-growing, multi-billion-US dollar...
Meta Platforms to use social media posts from Europe to train AI
Meta Platforms to use social media posts from Europe to train AI
June 10, 2024
FACEBOOK owner Meta Platforms plans to start incorporating social media content from Europe to train its generative artificial intelligence models, the company said on Monday (Jun 10). Meta will train...
US: Wall Street slips as investors prepare for inflation data, Fed meeting
US: Wall Street slips as investors prepare for inflation data, Fed meeting
June 10, 2024
US STOCKS indexes edged lower on Monday (Jun 10) as investors grew cautious ahead of key inflation data and a Federal Reserve meeting scheduled for this week, looking for...