Leadership
Sabana should lead smaller Reits with underperforming unit prices to look for an exit
Added to that, the Reit’s manager faces challenges in attracting and retaining talent given uncertainties arising from the internalisation push. Recently, some unitholders of Sabana Reit, who were dissatisfied...
US: Megacaps’ rally lifts tech-heavy Nasdaq at open
WALL Street’s main indices opened higher on Monday (Mar 18), with a rally in megacap growth stocks and chipmakers supporting a sharp recovery in the tech-laden Nasdaq ahead of...
Super Micro Computer rides AI server boom to join S&P 500
SUPER Micro Computer, which joins the S&P 500 on Monday (Mar 18), enjoys a rare advantage among server makers that are trying to tap the generative AI boom –...
Nasdaq resolves technical glitch that impacted premarket trading
NASDAQ, which lists shares of some of the biggest US tech companies on its exchange, said it had resolved a technical glitch that affected trading for more than two...
Consortium led by Gear seeks private credit for mine deal: sources
A CONSORTIUM led by Golden Energy and Resources (Gear) is sounding out private credit funds and banks to gauge interest in financing its US$1.65 billion acquisition of a coal...
ANZ CEO looks for India, China growth as customer focus shifts
ANZ Group Holdings chief executive officer Shayne Elliott aims to grow the firm’s presence in India and Vietnam as well as in China as his clients require the bank’s...
Sumitomo Life completes Singlife acquisition following regulatory approval
SINGAPORE Life Holdings (Singlife) on Monday (Mar 18) said it has become a fully owned subsidiary of Japanese life insurer Sumitomo Life. The move comes after regulators in Singapore...
Apple in talks to let Google’s Gemini power iPhone AI features: sources
APPLE is in talks to build Google’s Gemini artificial intelligence (AI) engine into the iPhone, Bloomberg News reported on Monday (Mar 18), citing people familiar with the situation. Apple...
