Leadership

Singtel slides amid heavy trading on reports of scuppered Optus deal; calls for trading halt
Singtel slides amid heavy trading on reports of scuppered Optus deal; calls for trading halt
April 3, 2024
SINGTEL : Z74 0% requested a trading halt on Wednesday (Apr 3) morning after falling as much as 4.3 per cent in early trading.This came after Australian media reported...
Singtel slides amid heavy trading on reports of scuppered Optus deal; calls for trading halt
Singtel slides amid heavy trading on news of scuppered Optus deal; company denies reports again
April 3, 2024
SINGTEL : Z74 0% on Wednesday (Apr 3) again denied media reports over a potential deal regarding Australian subsidiary Optus, after its shares fell as much as 4.3 per...
Singapore shares fall at Wednesday’s open; STI down 0.7%
Singapore shares fall at Wednesday’s open; STI down 0.7%
April 3, 2024
SINGAPORE stocks opened weaker on Wednesday (Apr 3) following overnight losses on Wall Street, as Tesla and healthcare stocks weighed on the indexes. The Straits Times Index (STI) headed...
Retailer Express holds talks for bankruptcy financing
Retailer Express holds talks for bankruptcy financing
April 3, 2024
RETAILER Express is asking its lenders for funds to help finance a potential Chapter 11 bankruptcy process, according to sources with knowledge of the plans. Express, which sells mid-priced...
Intel discloses US billion operating loss for chipmaking unit
Intel discloses US$7 billion operating loss for chipmaking unit
April 2, 2024
INTEL on Tuesday (Apr 2) disclosed deepening operating losses for its foundry business, a blow to the chipmaker as it tries to regain a technology lead it lost in...
OCBC said to be exploring redevelopment of iconic Chulia Street property
OCBC said to be exploring redevelopment of iconic Chulia Street property
April 2, 2024
OCBC is said to be exploring a redevelopment of its Chulia Street property, which sits on more than 120,000 square feet of land in Singapore’s central business district.The Business...
Alibaba makes second biggest ever quarterly share repurchase worth US.8 billion
Alibaba makes second biggest ever quarterly share repurchase worth US$4.8 billion
April 2, 2024
ALIBABA Group has bought back shares worth US$4.8 billion in the quarter ended March, the Chinese e-commerce giant said on Tuesday (Apr 2), in its second biggest-ever repurchase after...
WeWork predicts US billion in rent savings after bankruptcy ends
WeWork predicts US$8 billion in rent savings after bankruptcy ends
April 2, 2024
BANKRUPT coworking company WeWork is nearly finished shrinking its money-losing real estate portfolio and could leave court protection by the end of next month, the troubled firm said.By abandoning...
Singapore stocks track regional gains on Tuesday; STI rises 0.4%
Singapore stocks track regional gains on Tuesday; STI rises 0.4%
April 2, 2024
SINGAPORE shares finished in the black on Tuesday (Apr 2), mirroring regional markets. The local bourse’s blue-chip barometer, the Straits Times Index, expanded 0.4 per cent or 12.83 to...
Vistara, co-owned by SIA, cancels over 50 flights as India’s aviation authorities keep tabs
Vistara, co-owned by SIA, cancels over 50 flights as India’s aviation authorities keep tabs
April 2, 2024
INDIA’S civil aviation ministry said on Tuesday (Apr 2) it was monitoring a surge in flight cancellations by Vistara as the airline grapples with a shortage of pilots, while...