Leadership
Swiber founder fined S$100,000 over false project announcement, listing rule breaches
RAYMOND Goh, the founder and non-executive chairman of insolvent offshore oil and gas services contractor Swiber, was on Wednesday (Apr 17) slapped with a fine of S$100,000 for a...
Morgan Stanley plans biggest round of China job cuts in years
MORGAN Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80 per cent of the reductions in Hong Kong and...
Boeing safety in spotlight at US Senate hearing
BOEING is expected to face a bruising once-over Wednesday as company critics testify at a US Senate hearingg, including an employee who has characterised the top-selling 787 as prone...
Singapore stocks open lower on Wednesday; STI down 0.1%
SINGAPORE shares opened weaker on Wednesday (Apr 17) following overnight losses on European market.The Straits Times Index (STI) was down 0.1 per cent or 1.62 points to 3,143.14 as...
Keppel Pacific Oak US Reit posts 8.8% fall in distributable income for Q1
KEPPEL Pacific Oak US Reit (Kore) posted a distributable income of US$11.9 million for its first quarter ended Mar 31, down 8.8 per cent from US$13.1 million the previous...
China says new market rules won’t lead to massive delistings
CHINA’S top securities regulator tried to allay investor concerns about new stock exchange rules following a rout in small-cap shares, saying they do not expect a surge in delistings...
‘Grand Theft Auto’ maker Take-Two to let go 5% of staff, scrap some projects
TAKE=TWO Interactive Software will lay off about 5 per cent of its workforce, or around 600 employees, the publisher of the Grand Theft Auto franchise said on Tuesday, as...
Powell signals rate-cut delay after run of inflation surprises
FEDERAL Reserve chair Jerome Powell signalled policymakers will wait longer than previously anticipated to cut interest rates following a series of surprisingly high inflation readings.Powell pointed to the lack...
