Leadership

TikTok’s US revenue hits US billion as Washington threatens ban
TikTok’s US revenue hits US$16 billion as Washington threatens ban
March 15, 2024
CHINA’S ByteDance-owned TikTok posted revenue of about US$16 billion last year in the United States, where the viral video app that has hooked Gen Z users is at the...
Rivals Nissan and Honda sign MOU on EV partnership
Rivals Nissan and Honda sign MOU on EV partnership
March 15, 2024
JAPANESE auto rivals Nissan Motor and Honda Motor are considering a strategic partnership to collaborate on producing key components for electric vehicles and artificial intelligence in automotive software platforms,...
SIA Group flies 28.2% more passengers in February; Sats makes acquisition in Sweden
SIA Group flies 28.2% more passengers in February; Sats makes acquisition in Sweden
March 15, 2024
FLAG carrier Singapore Airlines (SIA) carried 3.1 million passengers on a group level in February, up 28.2 per cent from a year ago, it said in its operating results...
China tightens scrutiny over IPOs, listed firms to revive stock market
China tightens scrutiny over IPOs, listed firms to revive stock market
March 15, 2024
CHINA published a set of rules on Friday (Mar 15) that would tighten scrutiny over stock listings, public companies and underwriters, as regulators ramp up efforts to revive investor...
India approves new EV policy in boost to Tesla’s market entry plans
India approves new EV policy in boost to Tesla’s market entry plans
March 15, 2024
INDIA on Friday (Mar 15) said it will lower import taxes on certain electric vehicles for companies committing to at least US$500 million in investment and a manufacturing facility...
Swisscom buys Vodafone Italia in US.7 billion deal
Swisscom buys Vodafone Italia in US$8.7 billion deal
March 15, 2024
SWISSCOM said on Friday (Mar 15) it will buy Vodafone Italia for US$8.70 billion and merge the business with its Italian subsidiary Fastweb. The deal will create Italy’s second-biggest...
Bitcoin retreats from record high as ‘bubble’ talk grows louder
Bitcoin retreats from record high as ‘bubble’ talk grows louder
March 15, 2024
BITCOIN extended a retreat from its latest record high, amid an intensifying debate about whether the bull run in cryptocurrencies is evidence of speculative froth in global markets. The...
Life Insurance Association launches guide to help consumers understand underwriting process
Life Insurance Association launches guide to help consumers understand underwriting process
March 15, 2024
THE L Insurance Association Singapore (LIA) on Friday (Mar 15) launched an underwriting guide for consumers, which contains general underwriting principles and practices for life and health insurance coverage....
TSMC’s 110% rally draws caution, even from the bulls
TSMC’s 110% rally draws caution, even from the bulls
March 15, 2024
THE rapid ascent in Taiwan Semiconductor Manufacturing Company (TSMC) is making it harder to ignore risks for the world’s largest contract chipmaker, even for its staunchest supporters. TSMC’s shares...
BYD takes different route from Tesla by partnering for regional expansion, looking at plug-in hybrids
BYD takes different route from Tesla by partnering for regional expansion, looking at plug-in hybrids
March 15, 2024
IN ITS South-east Asia push, China electric vehicle (EV) giant BYD is taking the opposite approach from its biggest rival Tesla, signing many franchise dealers in contrast to Tesla’s...