Leadership

Novo Foundation, Nvidia team up to build Danish AI supercomputer
Novo Foundation, Nvidia team up to build Danish AI supercomputer
March 19, 2024
NOVO Nordisk Fonden, the enterprise foundation behind Novo Nordisk, will work with Nvidia to build a supercomputer in Denmark to help research and innovation in health care, life sciences...
All eyes on whether US Federal Reserve will make explicit promise to cut interest rates
All eyes on whether US Federal Reserve will make explicit promise to cut interest rates
March 19, 2024
THE mood swings of the world’s financial markets could continue if there is any ambiguity in US Federal Reserve chairman Jerome Powell’s statements this week at the end of...
Wilmar unit to make further investment in Pakistan-listed Unity Foods
Wilmar unit to make further investment in Pakistan-listed Unity Foods
March 19, 2024
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 end flat on Tuesday as investors await Fed’s policy meeting
March 19, 2024
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 says Airbus ends discussions over BDS cybersecurity unit sale
March 19, 2024
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’, Salt=
Brokers’ take: Lim & Tan initiates Dyna-Mac with ‘buy’, S$0.45 target price
March 19, 2024
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 retreats as Grayscale ETF posts biggest daily outflow
March 19, 2024
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
Nvidia supplier SK Hynix begins mass production of next generation memory chip
March 19, 2024
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 holds rates as expected, waters down tightening bias
March 19, 2024
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...
Robinhood rolls out app in UK, pauses margin lending addition
Robinhood rolls out app in UK, pauses margin lending addition
March 19, 2024
ROBINHOOD Markets’s commission free trading is now available throughout the United Kingdom – though the company said an effort to add margin lending to the offering is on pause....