Leadership

Stocks to watch: Singtel, SIA, China Everbright Water, Lippo Malls Indonesia Retail Trust
Stocks to watch: Singtel, SIA, China Everbright Water, Lippo Malls Indonesia Retail Trust
THE following companies saw new developments that may affect trading of their securities on Thursday (Mar 14): Singtel: Amid reports that it was intending to sell Optus for A$16 billion...
Reddit sees more than 20% sales growth in 2024 in IPO roadshow
Reddit sees more than 20% sales growth in 2024 in IPO roadshow
REDDIT is telling potential investors in its initial public offering (IPO) that it expects revenue in 2024 to grow by more than 20 per cent versus the previous year,...
Hunter Biden trial on gun charges set for June 3
Hunter Biden trial on gun charges set for June 3
A US federal judge on Wednesday set June 3 as the tentative date for the start of the trial of President Joe Biden’s son Hunter on charges of illegal...
Oil prices up 3% to 4-month high on US crude stock drop, Russian refinery attacks
Oil prices up 3% to 4-month high on US crude stock drop, Russian refinery attacks
OIL prices rose about 3 per cent to a four-month high on Wednesday on a surprise withdrawal in US crude inventories, a bigger-than-expected drop in US petrol stocks and potential...
US House passes bill to force ByteDance to divest TikTok or face ban
US House passes bill to force ByteDance to divest TikTok or face ban
THE US House of Representatives overwhelmingly passed a bill on Wednesday (Mar 13) that would give TikTok’s Chinese owner ByteDance about six months to divest the US assets of...
China Everbright Water bags 30-year concession for treatment plant
China Everbright Water bags 30-year concession for treatment plant
CHINA Everbright Water, part of a consortium, has been granted the concession right of a wastewater treatment plant in Qingdao entailing an investment of 688.3 million yuan (S$129.4 million),...
No Signboard shareholders grill executives on share consolidation, future plans
No Signboard shareholders grill executives on share consolidation, future plans
TOP executives of beleaguered restaurant operator No Signboard on Wednesday (Mar 13) outlined their plans for the company in the near term – including the resumption of trading of...
India’s Tata Motors to build 90 billion rupee plant in Tamil Nadu
India’s Tata Motors to build 90 billion rupee plant in Tamil Nadu
INDIA’S Tata Motors has signed a deal to build a 90 billion rupee (S$1.4 billion) manufacturing plant in Tamil Nadu, the southern state’s industries minister said on Wednesday (Mar...
Lloyds sells £6 billion of Scottish Widows annuities to Rothesay
Lloyds sells £6 billion of Scottish Widows annuities to Rothesay
LLOYDS Banking Group will offload a £6 billion (S$10.22 billion) portfolio of bulk annuities from its Scottish Widows subsidiary to pensions insurance specialist Rothesay Life. The portfolio includes benefits...
UBS starts job cuts at Asia wealth unit after profit slump
UBS starts job cuts at Asia wealth unit after profit slump
UBS Group started cutting jobs at its Asia private banking division this week as a slump in profits weighs on the region’s largest wealth manager, according to people familiar...