Leadership
CLI issues 1 billion yuan of 3.5% sustainability-linked bonds in China
CAPITALAND Investment (CLI) has raised 1 billion yuan (S$187.1 million) from its inaugural sustainability-linked bond issuance in China. The bond was issued under CLI’s 2 billion yuan debt programme...
No oil and gas majors aligned with climate targets: report
ALL major oil and gas companies plan fossil fuel expansion incompatible with limiting warming to 1.5 deg C, a new report said on Wednesday. The assessment of the 25...
Microsoft hires DeepMind co-founder to lead AI unit
DEEPMIND co-founder Mustafa Suleyman will become the head of a newly created consumer AI unit at Microsoft, the scientist and entrepreneur said on Tuesday. Suleyman is one of the...
FCT’s inclusion in STI a reminder to investors that quality matters amid higher interest rates
EARLIER this week, Frasers Centrepoint Trust (FCT) replaced Philippine spirits maker Emperador as one of the 30 components of the Straits Times Index (STI). This brings the number of...
PepsiCo to replace Coca-Cola at Subway’s US locations
PEPSICO has reached an agreement to become the exclusive provider of beverages at all Subway sandwich shops in the US, replacing rival Coca-Cola as the drink supplier to one...
Deutsche Bank hires ex-Morgan Stanley Asia banker Michael Hufton
DEUTSCHE Bank has hired Michael Hufton as co-head of its infrastructure and utilities division for Asia Pacific, continuing to build out its investment banking presence in the region. Hufton...
Petronas looking at new LNG investments in Atlantic Basin
MALAYSIA’S state energy firm Petroliam Nasional is considering new investments in the Atlantic Basin for its liquefied natural gas (LNG) business, a senior executive said on Tuesday (Mar 19)....
Cryptoverse: AI tokens outpace record-breaking Bitcoin
THE artificial intelligence boom has hit the crypto market with a bang. Coins linked to AI-focused crypto projects have jumped alongside tech stocks like Nvidia, driven by insatiable investor...
