Leadership
US: Stocks hit by GDP data, Meta results
WALL Street stocks retreated on Thursday following disappointing US economic data, as Facebook parent Meta and other large companies tumbled after earnings.The US economy grew 1.6 per cent in the first...
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
PRICES of Singapore-listed real estate investment trusts (S-Reits) have faced volatile trading in the past two weeks as interest rate expectations adjust following strong inflation data in the US.The...
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
GlaxoSmithKline sued Pfizer and BioNTech in Delaware federal court on Thursday (Apr 25), accusing them of infringing GSK patents related to messenger RNA (mRNA) technology in the companies’ blockbuster...
Changi Airport’s Q1 passenger movements surpass pre-pandemic levels
CHANGI Airport had around 16.5 million passengers passing through in the first quarter of 2024, surpassing the number of passengers that went through it in Q1 2019 by 0.5...
☔ What insurance do you actually need?
Choosing insurance policies for the first time can feel like shopping for groceries without your Mom around. (Why the heck are there so many types of spinach and why...
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
JAPAN’S Toyota Motor will pair up with China’s Tencent while Nissan will team up with Baidu, the companies said on Thursday (Apr 25), cross-border partnerships that highlight the importance...
Hermes Q1 sales jump 17% on strong China demand
BIRKIN bag maker Hermes reported a 17 per cent surge in first-quarter sales on Thursday (Apr 25), sustaining a rapid growth rate from the previous quarter including in China,...
China’s largest auto show displays all-electric future, local brands dominate
China’s largest auto show opened in Beijing on Thursday (Apr 25) with the biggest names showing off their latest electric vehicles (EVs), underlining how the world’s largest auto market...
