Leadership
Amazon’s Zoox probed by US after two crashes in autonomous SUVs
THE top US auto-safety regulator has opened an investigation into Zoox, the autonomous-vehicle subsidiary of Amazon.com, after two incidents in which its SUVs suddenly braked and were rear-ended.The US...
Singapore stocks buck decline in key regional markets; STI up 0.4%
THE Straits Times Index (STI) started the trading week with a rise of 0.4 per cent or 12.96 points to 3,303.66 after markets closed on Monday (May 13), making...
SIA Engineering eyes opportunities from Air India’s major aircraft orders
SIA Engineering : S59 0% is looking at tapping opportunities that arise from the transformation of Air India, which placed orders for 470 aircraft in 2023.At the financial results...
Hot stocks: Semiconductor plays punished on earnings disappointments
SEMICONDUCTOR stocks were a sea of red on Monday (May 13), after UMS Holdings : 558 0%’ first-quarter financial update released last week marked the third straight earnings disappointment...
China credit engine goes into reverse, piles pressure on Beijing
CHINA’S shock credit contraction is adding pressure on the government to spend more money – and on the central bank to help. Last month’s decline in aggregate financing, the...
ANZ faces regulator probe on Australia government bond sale
ANZ Group Holdings said Australia’s markets regulator is investigating the firm’s execution of a government bond sale last year.The bank said the inquiries by the Australian Securities and Investments...
China silver trading powerhouse eyes expansion in Singapore
THE commercial division of Chinese private smelter Henan Jinli Gold and Lead Group is looking to expand its commodities trading team in Singapore, as the industry turns increasingly bullish...
Marco Polo Marine posts 159.4% rise in H1 profit to S$11 million on higher charter rates
MARCO Polo Marine : 5LY 0% on Monday (May 13) posted a 159.4 per cent rise in net profit for the first half of FY2024 to S$11 million from...