Leadership

Share buybacks offer window into Seatrium board’s perspective on its stock’s value
Share buybacks offer window into Seatrium board’s perspective on its stock’s value
May 8, 2024
THE S$100 million share buyback programme announced by Seatrium on Apr 29 was interpreted positively by many investors – and for good reason.When companies choose to return capital in...
Fox profit beats estimates as lower costs help offset ad revenue weakness
Fox profit beats estimates as lower costs help offset ad revenue weakness
May 8, 2024
Fox Corp beat Wall Street estimates for third-quarter profit on Wednesday (May 8), due to lower expenses, even as its revenue tumbled more than 15 per cent on weakness...
World’s biggest tea buyer Lipton’s sale of last farms is a strategy shift
World’s biggest tea buyer Lipton’s sale of last farms is a strategy shift
May 8, 2024
LIPTON Teas & Infusions BV’s move to sell the last of its tea plantations is a strategic shift by the world’s biggest buyer of the commodity to quit growing...
Singapore moves to boost law to hunt and prosecute money launderers
Singapore moves to boost law to hunt and prosecute money launderers
May 8, 2024
THE government is looking to amend laws to give more power to law enforcement agencies pursuing offenders involved in money laundering, said Home Affairs Minister K Shanmugam on Wednesday...
Singapore moves to boost law to hunt and prosecute money launderers
Singapore eyes giving law enforcement agencies more power to probe money laundering offences
May 8, 2024
THE government is looking to amend laws to give more power to law enforcement agencies pursuing offenders involved in money laundering, said Home Affairs Minister K Shanmugam on Wednesday...
New York Times beats profit estimates on bundle strength
New York Times beats profit estimates on bundle strength
May 8, 2024
NEW York Times reported first-quarter profits that beat analysts’ expectations, driven by the strength of the publisher’s online offerings. Earnings came to 31 cents a share, excluding some items, the...
DBS hires chief of Ping An’s tech group to fix outage issues
DBS hires chief of Ping An’s tech group to fix outage issues
May 8, 2024
DBS : D05 0% has hired Eugene Huang, who was chief executive officer of Ping An’s technology arm, to be the bank’s chief information officer (CIO), it said in...
New law increases control of ownership, management of critical transport firms in Singapore
New law increases control of ownership, management of critical transport firms in Singapore
May 8, 2024
SINGAPORE will get more control of designated critical entities across air, land and sea transport, under a new law passed by Parliament on Wednesday (May 8). The Transport Sector...
Premium for big car COEs tops S5,000 while that for mainstream cars hovers below S,000
Premium for big car COEs tops S$105,000 while that for mainstream cars hovers below S$95,000
May 8, 2024
THE Certificate of Entitlement (COE) premium for big cars jumped past the S$105,000 mark, while mainstream cars saw a slight drop in May’s first round of bidding. The price...
Shell to sell Singapore oil refinery, chemicals assets to Glencore joint venture
Shell to sell Singapore oil refinery, chemicals assets to Glencore joint venture
May 8, 2024
SHELL Singapore is selling all its interest in Energy and Chemicals Park to CAPGC, a joint venture between commodity trader Glencore’s unit Glencore Asian Holdings and Chandra Asri Capital....