Leadership
Wilmar unit to make further investment in Pakistan-listed Unity Foods
A WHOLLY owned subsidiary of Wilmar International is intending to increase its stake in Pakistan-listed Unity Foods through a public offer. Wilmar Pakistan Holdings, its 52 per cent subsidiary...
Singapore shares end flat on Tuesday as investors await Fed’s policy meeting
SINGAPORE shares were flat on Tuesday (Mar 19) in spite of overnight gains on Wall Street, as investors wait for the outcome of the US Federal Reserve’s policy meeting...
Atos says Airbus ends discussions over BDS cybersecurity unit sale
ATOS on Tuesday (Mar 19) said Airbus had called off discussions about potentially buying the French software company’s BDS cybersecurity unit, sending its shares down by almost a fifth....
Brokers’ take: Lim & Tan initiates Dyna-Mac with ‘buy’, S$0.45 target price
LIM & Tan Securities initiated coverage on offshore oil and gas contractor Dyna-Mac with a “buy” call and target price of S$0.45 on Monday (Mar 18). The initiation came as...
Bitcoin retreats as Grayscale ETF posts biggest daily outflow
BITCOIN extended a retreat as investors digested a record daily outflow from the world’s biggest exchange-traded fund (ETF) for the token as well as scaled-back expectations for US Federal...
Nvidia supplier SK Hynix begins mass production of next generation memory chip
SK HYNIX said on Tuesday (Mar 19) that it has begun mass production of next-generation high-bandwidth memory (HBM) chips used in artificial intelligence (AI) chipsets, with sources saying initial...
Australia’s central bank holds rates as expected, waters down tightening bias
AUSTRALIA’S central bank held interest rates steady on Tuesday and watered down its tightening bias, signalling greater confidence that inflation is moving back to its target as the economy slows. Wrapping...