Leadership
South Korea’s LG Electronics plans to raise up to US$1 billion with dollar bonds: sources
SOUTH Korea’s LG Electronics is aiming to raise up to US$1 billion in a US dollar bond deal, according to three sources with direct knowledge of the matter.The company...
China reiterates need for steady yuan amid fragile confidence
CHINA reiterated the need to prevent one-sided moves in the yuan, as a resurgent US dollar and poor risk sentiment pressure currencies across Asia.The nation will “resolutely” put the...
Micron poised to get over US$6 billion in chips grants in announcement next week
MICRON Technology, the largest US maker of computer memory chips, is poised to get US$6.1 billion in grants from the Commerce Department to help pay for domestic factory projects,...
Singapore shares climb at Thursday’s open; STI up 0.3%
SINGAPORE stocks advanced on Thursday (Apr 18) morning, despite losses in the US market and mixed results in regional markets.As at 9.01 am, the Straits Times Index (STI) rose...
Boeing whistleblower details his concerns to Congressional panel
A BOEING engineer who went public last week with safety concerns about the company’s 787 Dreamliner told a Senate panel on Wednesday that he was concerned that shortcuts the...
Amazon to push cashierless shopping tech into more third-party stores, while backing off itself
AMAZON.COM said on Wednesday (Apr 17) it plans to push its cashierless shopping technology into more third-party stores this year, even as it reduces its reliance on the technology...
‘No trade war’, says Biden, pushing to triple tariffs on Chinese steel
US PRESIDENT Joe Biden said on Wednesday there was no trade war with Beijing, despite calling for a tripling on tariffs for Chinese steel and aluminum.Biden’s call comes as...
Europe: Adidas, LVMH steer shares higher on earnings relief
EUROPEAN shares gained on Wednesday after a bruising sell-off in the previous session, supported by healthy quarterly results from consumer giants LVMH and Adidas, while investors also kept a cautious...
