Leadership

Nvidia hitting US trillion propels Jensen Huang’s wealth above Michael Dell’s
Nvidia hitting US$3 trillion propels Jensen Huang’s wealth above Michael Dell’s
Nvidia’s Jensen Huang has steadily climbed the ranks of the world’s wealthiest as the market value of his computer-chip maker touches US$3 trillion.Huang hit another milestone on Friday (Jun...
Real estate directors building company stakes
Real estate directors building company stakes
INSTITUTIONS were net sellers of Singapore stocks over the five trading sessions through to Jun 6, with S$106.8 million of net institutional outflow, as 17 primary-listed companies conducted buybacks...
Berkshire buys additional 2.6 million shares in Occidental Petroleum, filing shows
Berkshire buys additional 2.6 million shares in Occidental Petroleum, filing shows
Warren Buffett’s Berkshire Hathaway bought around 2.6 million shares of common stock in Occidental Petroleum over Jun 5 to 7, according to a US securities filing. Buffett’s company bought...
The banks that hold most money in Singapore laundering scandal
The banks that hold most money in Singapore laundering scandal
In a Singapore courtroom on Friday (Jun 7), the last of those arrested for their involvement in the island nation’s biggest laundering case pleaded guilty, paving the way for...
Cathay pilot training incidents probed by US aviation regulator
Cathay pilot training incidents probed by US aviation regulator
US aviation safety regulators are investigating claims that pilot trainees for Cathay Pacific Airways at a US flight school were involved in training mishaps that were not properly reported.The...
Oil dips on deflated US interest rate cut expectations, Opec+ decision
Oil dips on deflated US interest rate cut expectations, Opec+ decision
Oil prices edged down on Friday (Jun 7) and posted a third straight weekly loss as investors weighed Opec+ reassurances against the latest US jobs data that lowered expectations...
Banks say growing reliance on Big Tech for AI carries new risks
Banks say growing reliance on Big Tech for AI carries new risks
THE boom in artificial intelligence will increase banks’ dependence on big US tech firms, creating new risks for the industry, European banking executives said. Excitement around using artificial intelligence (AI)...
Shein’s pre-IPO charm offensive hits roadblocks in Europe
Shein’s pre-IPO charm offensive hits roadblocks in Europe
AS ONLINE fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain, pushback is growing too from Europe’s retail industry and lawmakers. As citizens of 27 countries vote in...
US: Wall Street opens lower after hot payrolls data
US: Wall Street opens lower after hot payrolls data
US STOCK indexes fell at the open on Friday (Jun 7), after data showed job growth accelerated far more than expected in May, leading investors to dial back expectations...
Alibaba unit dumps S.3 million in SingPost shares
Alibaba unit dumps S$33.3 million in SingPost shares
ALIBABA Investment, a subsidiary of Chinese e-commerce giant Alibaba Group, sold off 72.5 million shares in Singapore Post (SingPost) for S$33.3 million on Friday (Jun 7). The transaction lowers...