Leadership
Parental fury after stem cell bank ruins thousands of samples in Singapore
THOUSANDS of parents in Singapore are furious, with some now pursuing legal action, after a major operator of cord blood banks in Asia irreparably damaged their children’s samples through...
Hong Kong bankers face more job cuts on China slowdown, high pay
HONG Kong investment bankers could face more job cuts as the slowdown in China deals persists and employers look to trim highly compensated staff, according to Bloomberg Intelligence.An estimated...
Magnificent Seven earnings arrive with stocks at critical moment
BIG Tech earnings arrive next week, right in time for investors looking for an artificial intelligence (AI) powered rebound in the slumping S&P 500 Index, which just suffered through...
Elon Musk’s robotaxi dreams plunge Tesla into chaos
ELON Musk’s underlings at Tesla are accustomed to chaos. It comes with the territory of working for a chief executive who sets exacting targets and often abruptly switches directions —...
DBS, OCBC, UOB have enough liquidity to mitigate funding costs: analysts
HIGHER funding costs are likely to be a key threat to the earnings of the three Singapore banks this year, but analysts expect them to have enough liquidity to...
Air New Zealand trims annual earnings outlook on ‘challenging’ economic conditions
AIR New Zealand on Monday cut its earnings outlook for fiscal 2024, on the back of challenging economic conditions and ongoing cost-of-living pressures leading to softer revenue in both...
It will take a village to lift our stock market
RECENTLY, there have been articles, letters and much discussion lamenting a relatively weak local equity market performance, especially when compared to the US and Japanese markets which have been...
Five waves of UBS layoffs to start in June: report
LAYOFFS under Swiss banking giant UBS’s cost-cutting programme announced after its takeover of Credit Suisse will take place in five waves this year starting in June, newspaper SonntagsZeitung reported...
