Leadership
China’s Antfin sells Zomato stake worth US$341.5 million
CHINA’S Antfin sold a 2.1 per cent stake in Indian food delivery platform Zomato worth US$341.5 million on Wednesday (Mar...
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Gold extends surge as Powell says rate cut likely this year
GOLD extended gains after hitting a record in the previous session as Federal Reserve Chair Jerome Powell reiterated the US...
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IBM says use of Adobe AI tools in marketing boosted productivity
INTERNATIONAL Business Machines (IBM) on Wednesday (Mar 6) said that its initial testing of generative artificial intelligence (AI) tools from...
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Minority shareholders’ request to table resolutions at AGM not in order: Great Eastern
The recent request by a minority shareholder of Great Eastern Holdings (GEH) to table resolutions at its upcoming annual general...
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US dollar slips before Powell speech, Bitcoin resumes rally
THE US dollar was a touch softer on Wednesday (Mar 6), as traders kept their powder dry ahead of the...
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JD.com beats quarterly revenue estimates as heavy discounts buoy demand
CHINESE online retailer JD.com reported fourth-quarter revenue above estimates on Wednesday (Mar 6) and upsized its share repurchase program, as...
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Bank Negara taking action to encourage flows into forex market
MALAYSIA’S government and central bank are taking coordinated action to further increase flows into the foreign exchange market to ensure...
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Mainstream car premiums post largest increase in March’s first round of COE bidding
THE price of Certificates of Entitlement (COEs) used to register mainstream cars had the largest increase among all categories in...
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DHL Group’s 2024 forecast falls short of market view on tepid global trade
GERMAN logistics giant DHL Group on Wednesday (Mar 6) forecast its 2024 operating profit to come in above pre-pandemic figures,...
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Brokers’ take: Proposed policy changes could drive cost savings for ComfortDelGro
SINGAPORE’S planned changes to its regulations for the point-to-point transport services sector are expected to be a boon for the...
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