Leadership
Singapore stocks fall amid cautious sentiment; STI down 0.1%
THE Straits Times Index (STI) slipped 0.1 per cent or 2.36 points to 3,133.78 on Thursday (Mar 7) amid cautious sentiment ahead of the US nonfarm payroll statistics. Across...
Hong Kong stock exchange poised to name Carlson Tong as new chair: sources
HONG Kong Exchanges and Clearing (HKEX) is set to name Carlson Tong its new chairman, sources with direct knowledge of the matter said, the most senior management change at...
Scoot looks to raise top line to tackle cost pressures
CONSTRAINED by the extent of cost reductions, Singapore Airlines’ (SIA) budget arm Scoot strives to raise revenue from seats sold and add-on offerings to mitigate the impact on its...
Sias urges Great Eastern to address minority investors’ concerns instead of dismissing them on legal technicality
THE Securities Investors Association (Singapore) or Sias has urged the board of Great Eastern to “seriously and objectively consider the true purpose of the shareholders’ requests”, instead of avoiding...
Australia and Vietnam upgrade relations, to begin talks on critical minerals
AUSTRALIAN Prime Minister Anthony Albanese said on Thursday (Mar 7) that the country was raising ties with Vietnam to the level of a comprehensive strategic partnership, with an annual...
Asia: Markets swing ahead of key US jobs data
EQUITIES fluctuated in Asian trade on Thursday as investors try to assess the Federal Reserve’s plans for interest rates after boss Jerome Powell indicated they would start to come...
China gives green light to Stellantis-Leapmotor joint venture: sources
A PROPOSED joint venture that would allow world No 4 automaker Stellantis to build and sell Leapmotor’s electric vehicles (EVs) outside China has received approval from a Chinese regulator,...
SK Hynix investing US$1 billion to widen lead in AI memory chips
SK HYNIX is ramping up its spending on advanced chip packaging, in hopes of capturing more of the burgeoning demand for a crucial component in artificial intelligence (AI) development:...
