Leadership
STI ends Monday almost flat as market faces reality check
LOCAL shares closed on a dour note on Monday (May 20), with the local benchmark index trading sideways as investors mulled over the possibility of interest rate cuts and...
Prada not looking at M&A, sees ‘positive surprise’ from US: CEO
ITALIAN luxury group Prada is not looking at big acquisitions as it is focused on the brands it already owns, its chief executive Andrea Guerra said on Monday (May...
MAS issues 5-year prohibition order against ex-DBS representative for dishonest conduct
A FORMER representative of DBS was issued a five-year prohibition order by the Monetary Authority of Singapore (MAS) on Monday (May 20) for dishonest conduct.
Japan’s Nikkei retakes 39,000 level for first time since mid-April
JAPAN’S Nikkei share average rose on Monday (May 20), hitting 39,000 points for the first time in a month, as higher expectations for US interest rate cuts continue to...
AstraZeneca to build US$1.5 billion manufacturing plant in Singapore
ASTRAZENECA is planning to build a US$1.5 billion facility in Singapore to manufacture antibody drug conjugates (ADCs), or treatments that enable precision therapy for cancer.
Ryanair sees flat to modestly higher summer fares after record annual profit
RYANAIR on Monday (May 20) posted a 34 per cent year-on-year increase in annual profit to a record 1.92 billion euros (S$2.8 billion), and expressed “cautious optimism” that peak...
TikTok parent ByteDance now has China’s most popular AI chatbot
BYTEDANCE has overtaken Baidu in the race to deliver China’s answer to ChatGPT – at least in terms of popularity.
Japan’s inexperienced investors fall for scams ‘like babies’
AS JAPAN’S stock market booms, something else is also on the rise in the nation: investment scams.
