Leadership
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...
Europe: Shares slip after China reforms underwhelm; tech leads losses
EUROPE’S main index dipped on Tuesday (Mar 5), as mining shares weakened with metal prices on a lack of substantial stimulus from top consumer China, while investors awaited this...
Sell-offs show tech players’ pursuit of profitability not enough to win over investors
IT HAS been 17 months since Sea became the first big regional tech player to lay out plans for profitability.The US-listed company in September 2022 pledged to achieve positive...
Meta’s Facebook, Instagram down for hundreds of thousands of users across globe
META Platforms-owned Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday (Mar 5), according to outage tracking website Downdetector.com. The disruptions started...
Adnoc says AI added US$500 million of extra value in 2023
ABU Dhabi National Oil Company’s (Adnoc) use of artificial intelligence generated US$500 million of additional value last year, it said on Tuesday (Mar 5). The state oil giant said...
