Leadership
New weight-loss, diabetes drugs reach one in eight Americans
ONE in eight US adults has tried medications from the fast-growing class of new diabetes and obesity drugs that includes Ozempic and Zepbound, underscoring how quickly the treatments have...
Honda sees full-year profit rising 2.8%
Japan’s Honda Motor forecast a 2.8 per cent rise in operating profit for this financial year, after it exceeded analysts’ estimates in the fourth quarter as strong sales growth...
TSMC keeps sales growth up in April as AI drives 60% jump
TAIWAN Semiconductor Manufacturing Company (TSMC) saw April sales jump 60 per cent to NT$236 billion (S$9.9 billion) as sustained artificial intelligence (AI) demand was helped by the beginnings of...
Gold set for best week in five on renewed US rate-cut hopes
GOLD prices firmed on Friday (May 10), poised for their best week since Apr 5, following recent economic data that boosted bets of an interest rate cut from the...
Hin Leong founder OK Lim found guilty of 3 criminal charges
LIM Oon Kuin, a former oil tycoon and founder of collapsed oil trader Hin Leong Trading, was on Friday (May 10) convicted of three criminal charges after a trial...
Porsche to open S$100 million ‘experiential centre’ in Changi by 2027
GERMAN luxury carmaker Porsche is investing more than S$100 million in an “experiential facility” in Changi, set to launch in 2027.There, customers and visitors can test-drive Porsche’s cars, view...
OpenAI plans to announce Google search competitor on Monday: sources
OPENAI plans to announce its artificial intelligence (AI) powered search product on Monday (May 13), according to two sources familiar with the matter, raising the stakes in its competition...
Jury chosen for Bill Hwang’s trial over Archegos collapse
A JURY was chosen on Thursday in the criminal racketeering trial of Sung Kook “Bill” Hwang over the 2021 collapse of his US$36 billion fund Archegos Capital Management, setting the stage...
