Leadership
Singapore eyes giving law enforcement agencies more power to probe money laundering offences
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 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 : 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
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 S$105,000 while that for mainstream cars hovers below S$95,000
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 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....
AstraZeneca lifts FTSE 100 to record high
London’s benchmark FTSE 100 stock index opened at a record high on Wednesday led by AstraZeneca, after the drugmaker initiated a worldwide withdrawal of its Covid-19 vaccine, while investors...
Nanjing Xinjiekou Department Store announces May 23 EGM; Cordlife seeking legal advice
CORDLIFE’S substantial shareholder Nanjing Xinjiekou Department Store said its nominee Philip Securities will exercise its rights as a member of Cordlife – on Nanjing Xinjiekou’s instructions – for an...