Leadership

Aramco’s venture arm, Mubadala back Dubai-based real estate fintech
Aramco’s venture arm, Mubadala back Dubai-based real estate fintech
June 10, 2024
STAKE, a Dubai-based digital platform for real estate investment, has raised US$14 million from investors, including Saudi Aramco’s venture capital arm and an Abu Dubai sovereign wealth fund.The platform...
Nvidia sparks chatter over possible Dow inclusion after stock split
Nvidia sparks chatter over possible Dow inclusion after stock split
June 10, 2024
NVIDIA’S 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the artificial intelligence bellwether’s inclusion in the blue-chip Dow index. The split, aimed...
Top 20 Singapore-listed China-related stocks generate median total returns of 8.4% year-to-date
Top 20 Singapore-listed China-related stocks generate median total returns of 8.4% year-to-date
June 10, 2024
THE top 20 China-related stocks listed on the Singapore Exchange (SGX) generated median total returns of 8.4 per cent year-to-date, SGX market strategist Geoff Howie said in a market...
Singapore stocks fall as hopes for early Fed rate cut dim; STI down 0.3%
Singapore stocks fall as hopes for early Fed rate cut dim; STI down 0.3%
June 10, 2024
SINGAPORE shares ended Monday (Jun 10) lower after stronger-than-expected US jobs figures last Friday hurt market sentiment. The benchmark Straits Times Index (STI) fell 0.3 per cent or 8.69...
Julius Baer targets rich Indians in Dubai with UBS, JPMorgan hires
Julius Baer targets rich Indians in Dubai with UBS, JPMorgan hires
June 10, 2024
SWISS wealth manager Julius Baer Group hired senior bankers from UBS Group and JPMorgan Chase to beef up its business catering to rich Indians in Dubai.Sanjay Advani has joined...
Euro, French stocks hit by shock Macron call for snap election
Euro, French stocks hit by shock Macron call for snap election
June 10, 2024
THE euro fell broadly, while French bonds and stocks were hit hard on Monday (Jun 10), following French President Emmanuel Macron’s decision to call a snap parliamentary election after...
SBMA launches Retail Gold Investment Committee in collaboration with WGC
SBMA launches Retail Gold Investment Committee in collaboration with WGC
June 10, 2024
The Singapore Bullion Market Association (SBMA) has launched Retail Gold Investment Committee in collaboration with the World Gold Council (WGC) to enhance trust and transparency in gold investments.The committee...
Oil edges higher after weekly loss as focus turns to US Fed rates
Oil edges higher after weekly loss as focus turns to US Fed rates
June 10, 2024
OIL edged higher after a weekly drop with the market still digesting the Organization of Petroleum Exporting Countries and allies’ (Opec+) decision to restore supply, as traders look ahead...
Court lets Fullerton Health co-founder David Sin leave Singapore for 2 months to visit family in China
Court lets Fullerton Health co-founder David Sin leave Singapore for 2 months to visit family in China
June 10, 2024
DAVID Sin, one of the three co-founders of Fullerton Healthcare Corporation (Fullerton Health) was on Monday (Jun 10) granted approval to leave Singapore to visit his family in China....
Asia: Markets fall as strong US jobs data dents rate cut hopes
Asia: Markets fall as strong US jobs data dents rate cut hopes
June 10, 2024
ASIAN markets mostly fell on Monday (Jun 10) as a mixed jobs report eased worries about the US economy but dampened hopes for interest rate cuts, while political uncertainty...