Leadership

Google to pay up to US million to News Corp for new AI content, The Information reports
Google to pay up to US$6 million to News Corp for new AI content, The Information reports
ALPHABET-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between US$5 million and US$6 million annually to develop new AI-related content and products, the...
Yen falls after suspected intervention on Monday, eyes on Fed
Yen falls after suspected intervention on Monday, eyes on Fed
The yen dropped against the dollar on Tuesday (Apr 30), giving up some of its sharp gains the previous day sparked by suspected intervention by Japanese authorities.The currency was...
Parkway Life Reit Q1 DPU up 4% to Salt=
Parkway Life Reit Q1 DPU up 4% to S$0.0379
PARKWAY Life Reit : C2PU 0% posted a distribution per unit (DPU) of S$0.0379 for the first quarter of 2024, up 4 per cent from S$0.0365 a year ago.The healthcare...
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
JAPANESE officials may have spent some 5.5 trillion yen (S$52 billion) supporting the currency on Apr 29 to pull it back from new 34-year lows, Bank of Japan data...
DBS can resume non-essential activities, but 1.8 times multiplier on its assets stays
DBS can resume non-essential activities, but 1.8 times multiplier on its assets stays
A TEMPORARY restriction on DBS Bank from undertaking non-essential activities is over. This comes after the Monetary Authority of Singapore (MAS) on Tuesday (Apr 30) said it will not...
DBS can resume non-essential activities, but 1.8 times multiplier on its assets stays
No extension to 6-month pause on DBS’ non-essential activities, but 1.8 times multiplier stays
THE Monetary Authority of Singapore (MAS) will not extend the six-month pause on non-essential activities imposed on DBS, after “substantive progress” was made on remediation efforts following service disruptions.The...
Dying salmon trouble Norway’s vast fish-farm industry
Dying salmon trouble Norway’s vast fish-farm industry
THEY are hailed for their omega-3 fatty acids and micronutrients, but Norway’s salmon are not in the best of health themselves at the fish farms where they are bred.Almost...
Boosted by name brand beers, Carlsberg sees higher sales
Boosted by name brand beers, Carlsberg sees higher sales
Danish brewer Carlsberg on Tuesday (Apr 30) reported a 4.4 per cent increase in revenue in the first quarter, boosted by higher sales of name brand beers.In a comment,...
L’Occitane’s billionaire owner Geiger to take firm private in US.8 billion deal
L’Occitane’s billionaire owner Geiger to take firm private in US$1.8 billion deal
Hong Kong-listed L’Occitane International’s chairman and controlling shareholder, Reinold Geiger, will take the skin-care firm private, giving it an equity value of US$6.4 billion, the company said.The deal will...
Mercedes earnings drop on model changeovers, EV slump
Mercedes earnings drop on model changeovers, EV slump
Mercedes-Benz Group’s earnings plummeted 34 per cent in the first quarter, weighed down by model changes and sluggish demand for electric vehicles.Adjusted group earnings before interest and tax dropped...