Leadership
Asia: Markets diverge, dollar weakens ahead of US inflation data
ASIAN markets were mixed on Tuesday as investors took a breather after the previous day’s rally and as they gear up for the release of key US inflation data...
Gold prices steady as traders brace for US inflation report
GOLD prices were steady on Tuesday (May 28), as investors maintained a cautious stance ahead of key US inflation data, which could provide more insight into the Federal Reserve’s...
Singapore stocks rise on Tuesday; STI up 0.3%
SINGAPORE shares started Tuesday (May 28) on a stronger note, following European stocks’ overnight gains.Singapore’s Straits Times Index (STI) rose 0.3 per cent or 9.02 points to 3,327.47 as...
Bets on Canada rate cut hold out hope for lagging banks
INVESTORS up and down Toronto’s Bay Street are increasingly betting on a June rate cut in Canada, potentially giving a boost to Canada’s long-suffering bank stocks.The S&P/TSX Banks index...
Porsche tries to assure Chinese dealers as EV sales falter
PORSCHE is in talks with Chinese dealers to smooth out relations as weaker sales of electric vehicles (EVs) force the auto industry to rethink the transition away from combustion-engine...
China’s EV dominance in Asia-Pacific faces no immediate challenger
CHINA’S position atop the global electric vehicle (EV) throne seems unassailable – at least for the next few years. This will be especially true in the Asia-Pacific region, which...
Construction sector can decarbonise more easily if stakeholders collaborate
OVER 150 subcontractors and suppliers were involved in the Singapore Institute of Technology’s (SIT) Campus Court, which is set to open this year.
Louis Khoo, director of Kimly Construction, said...
Amazon in talks with Italy to invest billions of euros in cloud plan: sources
AMAZON’S computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data centre business in the country as part of the...
