Leadership
Tesla’s China-made EV sales extend decline in May amid output cut
SALES of Tesla’s China-made electric vehicles dropped 6.6 per cent from a year earlier to 72,573 units in May, extending a year-on-year decline for a second month, data from...
HSBC to open 3 wealth centres in Singapore by Q1 2025 as part of pivot to wealth banking
HSBC plans to open three wealth centres in Singapore by the first quarter of 2025, as part of its strategy to build its international and wealth propositions.
The bank...
TSMC’s new chairman affirms hopes of AI-fuelled 2024 recovery
TAIWAN Semiconductor Manufacturing Co’s C C Wei, who on Tuesday (Jun 4) became the first person to hold the dual roles of chairman and chief executive officer in years,...
SIA to establish commercial partnership with Riyadh Air
SINGAPORE Airlines : C6L 0% (SIA) has inked a memorandum of understanding (MOU) for a new partnership with Saudi Arabia’s Riyadh Air, a new airline due to be commercially...
CAAS, Iata to develop sustainable aviation fuel registry
The Civil Aviation Authority of Singapore (CAAS) will collaborate with the International Air Transport Association (Iata) to develop a globally recognised sustainable aviation fuel registry, accelerating the adoption of...
Indian stocks lose US$386 billion as polls tighter than forecast
India’s stocks market plummeted, erasing US$386 billion in market value, as tallies signalled that Prime Minister Narendra Modi’s ruling party was struggling to win a majority of seats in...
Intel battles AMD with new data centre chips
INTEL launched its next generation Xeon server processors on Tuesday (Jun 4), as it looks to claw back data centre market share and revealed that its Gaudi 3 artificial...