Leadership
Brokers’ take: Proposed policy changes could drive cost savings for ComfortDelGro
SINGAPORE’S planned changes to its regulations for the point-to-point transport services sector are expected to be a boon for the taxi industry – particularly ComfortDelGro, the Republic’s largest taxi...
Philippine central bank governor rules out easing rates ‘soon’
THE Philippines’ central bank governor on Wednesday (Mar 6) ruled out rate cuts anytime soon due to upside inflation risks and signalled that borrowing costs will remain higher for...
Gold slips from record peak but holds above US$2,100 ahead of Powell testimony
GOLD prices edged lower on Wednesday (Mar 6) but held above the US$2,100 an ounce level, after rising bets for a June United States interest rate cut propelled bullion...
Saudis lift oil price to Asia after Opec+ extends output cuts
Saudi Arabia increased prices of its main oil grade to buyers in Asia next month after the Opec+ group agreed to extend output cuts into the middle of the...
Singapore shares rise at Wednesday’s open; STI up 0.3%
SINGAPORE shares climbed at the opening bell on Wednesday (Mar 6) morning, despite overnight losses in global markets. The Straits Times Index (STI) gained 0.3 per cent or 9.84...
Singapore seeks to woo drivers to EVs with splashy campaign
A YOUNG couple leans in for a kiss as the sun casts shades of purple, pastel pink and orange across a city skyline. In the background, a line of...
Citigroup CEO sees rising fees in investment banking, weaker markets revenue
CITIGROUP expects investment banking fees to rise by a low-teens percentage in the first quarter versus the fourth quarter of 2023, CEO Jane Fraser told investors on Tuesday (Mar...
Australia’s ANZ sells 16.5% interest in Malaysia’s AmBank
AUSTRALIA’S fourth-biggest bank ANZ Group said on Wednesday (Mar 6) it has agreed to sell a 16.5 per cent stake in Malaysian lender AMMB Holdings for RM3.85 (S$1.09) apiece...
