Leadership
Citi considers reducing office space in Asia Square tower
CITIGROUP is considering reducing its office space in Singapore as remote working gains traction in the city-state.The bank may give up one of the six floors it occupies at...
South Korea extends rate pause, raises growth outlook
SOUTH Korea’s central bank kept its benchmark policy rate steady for an 11th straight meeting on Thursday as the economy showed no signs of slowing while inflation has begun...
Stocks to watch: SIA, Singtel, Sembcorp, Seatrium, Cromwell E-Reit, Sabana Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (May 23):
Companies put record amount in shareholders’ pockets: report
COMPANIES paid out a record amount of money in dividends to shareholders in the first quarter of 2024 as Alibaba and Meta made the their first-ever payments, a report...
Temu-parent PDD Holdings beats first-quarter revenue estimates
PDD Holdings beat first-quarter revenue estimates on Wednesday (May 22), powered by its international shopping site Temu and growing consumer interest in its Chinese discount e-commerce platform Pinduoduo.
US Federal Reserve’s rate meeting minutes show growing inflation concerns
A STRONG US economy and an uptick in inflation led the Federal Reserve’s rate-setting committee to conclude that progress against rising prices had stalled, according to minutes of its...
Boeing deliveries to China delayed by state regulator review: source
BOEING’s plane deliveries to China have been delayed in recent weeks due to a Chinese regulatory review of batteries related to the cockpit voice recorder, a source familiar with...
US: Stocks dip after Fed minutes point to inflation angst
WALL Street stocks fell on Wednesday following mixed earnings reports as Federal Reserve meeting minutes highlighted inflation worries.Equities spent much of the day essentially flat, but tripped into the red after...
