Leadership
Chevron’s quarterly profit beats estimates
Oil giant Chevron Corp beat estimates for first-quarter profit on Friday (Apr 26) as higher production volumes helped offset a hit from weak natural gas prices.Global oil prices were...
Keppel prices 70 million euros of floating-rate notes due 2031
MAINBOARD-LISTED Keppel : BN4 0% on Friday (Apr 26) said it will be offering 70 million euros (S$102.2 million) in floating-rate notes due 2031.The notes will bear interest at...
Sri Lanka to hand management of China-built airport to India, Russia companies
Sri Lanka will hand over management of its US$209 million Chinese-built airport to two Indian and Russian companies, a cabinet statement said on Friday (Apr 26), as the island...
Anglo rejects BHP takeover bid as significantly undervalued
Anglo American has rejected a US$39 billion takeover proposal from BHP Group, saying it significantly undervalues the company.Under the proposed all-share deal, Anglo would first spin off controlling stakes...
Tesla’s plan for affordable cars takes page from Detroit rivals
ELON Musk’s new plan to use current product lines as the basis for new affordable vehicles – rather than springing for all-new models – follows the playbook of Tesla’s...
Japan’s yen up sharply after hitting 34-year low against the dollar
The yen rose sharply after hitting its weakest level in three decades against the US dollar with markets on edge about possible intervention after the Bank of Japan kept...
Meituan to debut in Riyadh as expansion beyond China quickens
MEITUAN is planning to launch its international food-delivery platform in Saudi Arabia’s capital, making its first move outside of greater China as growth slows in its home market. The...
Five new charges for money laundering accused Zhang Ruijin before his plead guilty mention
CHINESE national Zhang Ruijin, one of the 10 foreign nationals embroiled in Singapore’s largest money laundering case, has been slapped with five new charges, a few days before he...
