Leadership
SK Hynix chief says HBM chips to be double-digit percentage of 2024 Dram chip sales
SOUTH Korea’s SK Hynix, an Nvidia supplier, expects high-bandwidth memory (HBM) chips used in artificial intelligence (AI) chipsets to make up a double-digit percentage of its Dram chip sales...
UBS to nearly double planned Hong Kong office and occupy entire tower
UBS Group will lease an entire 14-storey office tower in Hong Kong – almost double the space it initially planned – helping provide a vote of confidence for a...
Japan makes strongest intervention warning as yen hits 34-year low
JAPAN’S finance minister issued his strongest warning to date on Wednesday (Mar 27) about yen weakness as it fell to a 34-year low against the dollar, saying authorities could...
Baltimore ship passed two inspections in 2023: MPA
THE Maritime and Port Authority of Singapore (MPA) said on Wednesday that a cargo ship that slammed into a Baltimore bridge, causing it to collapse and block one of...
Singapore’s money laundering accused slapped with 6 new fraud, forgery charges
TURKISH national Vang Shuiming, one of the 10 accused in Singapore’s biggest money-laundering case, was handed six new charges related to fraud and forgery on Wednesday (Mar 27).Under the...
Cordlife controlling shareholder TransGlobal makes another requisition attempt
CORDLIFE Group has received yet another requisition notice from its controlling shareholder, TransGlobal Real Estate Group, amid the latter’s dispute with Cordlife’s substantial shareholder Nanjing Xinjiekou Department Store.This time,...
Stocks to watch: CDL, Frasers Property, Wing Tai, Cordlife, UOB
THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 27): City Developments Ltd : C09 0% (CDL), Frasers Property : TQ5 0%: A...
KuCoin used for US$9 billion in suspect crypto trades, US says
UNITED States prosecutors charged KuCoin, one of the world’s largest cryptocurrency exchanges, and two of its founders for failing to comply with American anti-money laundering rules.Since KuCoin’s inception in...
