Leadership
US: Wall St opens lower after economic data
Wall Street’s main indexes opened lower on Thursday (May 30) as investors analysed data that showed the economy grew less than previously expected in the first quarter, stoking hopes...
Greenback dips from two-week high as US bond yields cool
THE US dollar fell slightly on Thursday (May 30) as US Treasury yields stabilised, after the currency rose to a two-week high the previous day amid easing bets on...
AEM chief Chandran Nair resigns; Amy Leong to take over from Jul 1
SEMICONDUCTOR equipment maker AEM Holdings : AWX 0% will appoint a new chief executive officer from Jul 1, 2024.This follows the resignation of its current CEO Chandran Nair which...
Mapletree Industrial Trust manager’s CFO to become CEO in July
THE chief financial officer of Maple Industrial Trust : ME8U 0% (MIT)’s manager, Lily Ler, will replace Tham Kuo Wei as chief executive officer and executive director of the...
Struggling boot brand Dr Martens to cut costs, invest in marketing
Dr Martens’ laid out plans for cost-cutting measures on Thursday (May 30), as the struggling British bootmaker faces mounting pressure to bolster its finances amid dwindling demand in the...
JPMorgan to grow India headcount by 5%-7% for next few years
JPMorgan Chase plans to grow its headcount in India by 5 per cent-7 per cent annually over the next few years, a senior executive told Reuters, as the Wall...
Investors relieved BHP walked away from US$49 billion Anglo takeover deal
BHP Group investors welcomed the top global miner’s decision to walk away from a US$49 billion plan to take over Anglo-American, which rejected three proposed offers from its bigger...
Port congestion in Singapore leads to some liners skipping calls here
PORT congestion in Singapore has forced some liners to skip the world’s top transhipment hub, as delays at the city-state have reached “critical levels” of up to seven days,...
