Leadership
Xiaomi stakes growth on debut in China’s cut-throat EV market
XIAOMI’S US$8 billion stock rally faces a key test when the Chinese smartphone giant unveils its first electric vehicle on Thursday, as it attempts to muscle into an unfamiliar...
Lufthansa, ground staff reach pay deal after strikes
GERMAN airline giant Lufthansa and a union representing ground staff said on Wednesday they had reached an agreement on pay after a lengthy dispute, averting the threat of Easter...
BlackRock’s tokenized fund draws US$240 million since debut
BLACKROCK’s money-market fund that records share ownership on the Ethereum blockchain has attracted more than US$240 million since its debut a week ago. The BlackRock USD Institutional Digital Liquidity...
Keppel sets sights on private equity, infrastructure in shift to be asset management powerhouse
AS KEPPEL : BN4 0% shifts its focus towards becoming an asset manager, chief executive Loh Chin Hua said the group is exploring opportunities in private equity markets and...
Coinbase must face US securities regulator’s lawsuit
A FEDERAL judge in Manhattan on Wednesday (Mar 27) said the US securities regulator’s lawsuit against Coinbase can move forward, but dismissed one claim the agency made against the...
Bank of England steps up scrutiny of private equity and bank valuations
THE Bank of England said on Wednesday (Mar 27) it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain’s main...
US: Wall St opens higher as growth stocks recover
WALL Street’s main indexes gained at the open on Wednesday (Mar 27) as chipmakers and growth stocks rebounded in light trading ahead of crucial economic data, commentary from the...
Top China bank ICBC reports flat 2023 profit
INDUSTRIAL and Commercial Bank of China Ltd (ICBC) posted a 0.79 per cent rise in 2023 net profit, the world’s largest lender by assets said in a filing on...
