Leadership

BlackRock’s US billion ETF is now the world’s largest Bitcoin fund
BlackRock’s US$20 billion ETF is now the world’s largest Bitcoin fund
BLACKROCK’S iShares Bitcoin Trust has become the world’s largest fund for the original cryptocurrency, amassing almost US$20 billion in total assets since listing in the US at the start...
New BYD hybrid can drive non-stop from Singapore to Bangkok
New BYD hybrid can drive non-stop from Singapore to Bangkok
BYD unveiled a new hybrid powertrain capable of travelling more than 2,000 kilometres without recharging or refuelling, intensifying the electric vehicle (EV) transition war against Toyota Motor and Volkswagen.The...
New BYD hybrid can drive non-stop from Singapore to Bangkok
New BYD hybrid can drive non-stop for more than 2,000 kilometres
BYD unveiled a new hybrid powertrain capable of travelling more than 2,000 kilometres without recharging or refuelling, intensifying the electric vehicle (EV) transition war against Toyota Motor and Volkswagen.The...
Australia’s elevated inflation suggests RBA to extend pause
Australia’s elevated inflation suggests RBA to extend pause
AUSTRALIA’S inflation came in faster than expected in April, suggesting price pressures remain stubbornly strong and bolstering the case for the Reserve Bank of Australia (RBA) to keep interest...
Hot stock: Yoma shares surge on heavy trading after company swings back into the black
Hot stock: Yoma shares surge on heavy trading after company swings back into the black
SHARES of Yoma Strategic rose as much as 12.3 per cent in early trading on Wednesday (May 29), after the mainboard-listed company reported strong earnings. As at 9.45 am,...
Lenovo to issue US billion of convertible bonds to Saudi’s Alat to repay debt
Lenovo to issue US$2 billion of convertible bonds to Saudi’s Alat to repay debt
LENOVO said on Wednesday (May 29) it would issue US$2 billion worth of zero-coupon convertible bonds to Alat, and had signed a collaboration agreement with the Saudi Arabian company...
LMIRT bags 2.5 trillion rupiah loan facility
LMIRT bags 2.5 trillion rupiah loan facility
Lippo Malls Indonesia Retail Trust (LMIRT) has obtained a secured amortising term loan facility of up to 2.5 trillion rupiah (S$209.5 million).The loan comes with an average life of...
American Airlines cuts profit outlook as commercial chief departs
American Airlines cuts profit outlook as commercial chief departs
AMERICAN Airlines disclosed the departure of its chief commercial officer and cut its profit guidance heading into the crucial summer travel season, dragging shares down across the US airline...
Siemens Energy’s Gamesa to cut 4,100 jobs, CEO says
Siemens Energy’s Gamesa to cut 4,100 jobs, CEO says
SIEMENS Energy’s wind turbine division Siemens Gamesa is planning to cut 4,100 jobs or around 15 per cent of its workforce, the unit’s chief executive Jochen Eickholt said in...
Oil up on prospect of Opec+ holding cuts, weaker US dollar
Oil up on prospect of Opec+ holding cuts, weaker US dollar
OIL prices rose by more than US$1 a barrel on Tuesday on the expectation that Opec+ will maintain crude supply curbs at its June 2 meeting, while a weaker...