Leadership
Rising tide for Seatrium lifts Singapore stocks marginally; STI up 0.1%
THE Straits Times Index (STI) finished Monday (May 27) at 3,318.45, up 1.89 points or 0.1 per cent. Across the broader market, advancers beat decliners 328 to 236, with...
TSMC’s foreign investments are good for Taiwan, official says
A PLANNED move by Taiwan Semiconductor Manufacturing Company (TSMC) to locate some of its chipmaking facilities abroad will be “very beneficial” for Taiwan because it will let the chipmaker...
Raffles Family Office names managing partner Kendrick Lee as Singapore CEO
Raffles Family Office has promoted its managing partner and co-founder Kendrick Lee to chief executive officer of its Singapore office, advancing the firm’s presence in South-east Asia.“With Singapore serving...
Hot stock: Seatrium surges 11.7% amid heavy trading on S$11 billion new contracts
SHARES of Seatrium made a strong comeback at Monday’s (May 27) opening bell after the company secured S$11 billion worth of new contracts. The counter rose 10.4 per cent,...
Abrdn’s fast-rising caretaker CEO faces deep-rooted challenges
SEVEN months after joining Abrdn, Jason Windsor has found himself swiftly promoted into one of the toughest jobs in the UK asset management industry: at the helm of the...
GP Industries expects to sink into red for FY2024 after non-cash impairment
BATTERY maker GP Industries : G20 0% on Monday (May 27) expects to record a net loss of between S$58 million and S$68 million for the financial year ended...
Tesla shareholders advised to reject Elon Musk’s US$56 billion pay
PROXY advisory firm Glass Lewis said on Saturday (May 25) it has urged Tesla shareholders to reject a US$56 billion pay package for chief executive officer Elon Musk, which...
Bill Gross says Trump is ‘bearish’ choice for bond markets
RETURNING Donald Trump to the presidency would be the more “bearish” choice for bond markets, famed bond investor Bill Gross said in an interview with The Financial Times.Gross, once...
