Leadership
China companies rush to hike dividends, buy back shares in Japan-style reform
CHINESE-LISTED companies are rushing to buy back shares and lift dividends as they respond to regulators’ calls that echo reform efforts in Japan and South Korea, driving a welcome...
Stocks to watch: Sats, OCBC, IHH Healthcare, Straco, iFast
THE following companies saw new developments that may affect trading of their securities on Thursday (May 30):
Apple signals that it’s working on TV+ app for Android phones
APPLE is seeking a senior engineer to help build a television and sports app for Android, a sign the company is finally bringing its TV+ service to the rival...
Views on US economy ‘more pessimistic’ as uncertainty grows: Fed
OUTLOOKS on the US economy have become gloomier with reports of rising uncertainty and worries over risks, even though growth broadly continued recently, the Federal Reserve said on Wednesday.The...
Musk’s US$56 billion pay package opposed by CalPERS: CNBC
CALIFORNIA Public Employees’ Retirement System’s (CalPERS) CEO, Marcie Frost, said the agency plans to oppose Tesla chief executive Elon Musk‘s US$56 billion pay package, CNBC reported on Wednesday.“We do not...
Salesforce drops on first-ever single digit sales growth outlook
SALESFORCE dropped about 16 per cent in extended trading after the software maker said sales growth in the current quarter will stall to the slowest in its history, fuelling...
Shopee will need to defend its in-house logistics advantage
SHOPEE’S efforts to grow its in-house logistics arm appear to be bearing fruit, with the e-commerce platform boasting efficiency gains in its delivery and fulfilment in its latest earnings....
China 2024 rare earths quota growth set to slow amid supply glut
RARE earth quotas in China, which the world’s top producer uses to control supply, are set to rise at a much slower rate this year amid a supply glut,...
