Leadership
Cordlife needs a fresh start amid its ongoing scandal, not ‘old blood’ in a new bottle
SINGAPORE’S longest-running cord blood bank, Cordlife Group, has finally appointed a new group chief executive officer (CEO), amid the drawn-out saga over the mishandling of cord-blood units.But the appointment...
Cordlife needs a fresh start amid its ongoing scandal, not ‘old blood’ in a new bottle
SINGAPORE’S longest-running cord blood bank, Cordlife Group, has finally appointed a new group chief executive officer (CEO), amid the drawn-out saga over the mishandling of cord-blood units.But the appointment...
Amazon’s AWS to invest over US$5 billion to boost cloud computing in Mexico
AMAZON Web Services Mexico (AWS), a unit of Amazon.com, announced on Monday (Feb 26) it will invest over US$5 billion to open a cluster of data centres in Mexico,...
Micron starts mass production of its memory chips for use in Nvidia’s AI semiconductors
MICRON Technology has started mass production of its high-bandwidth memory semiconductors for use in Nvidia’s latest chip for artificial intelligence, sending its shares up more than 4 per cent...
SIIC Environment Q4 net profit falls 90.1%, guiding full-year profit down 22.6%
WASTEWATER treatment company SIIC Environment posted a 90.1 per cent fall in net profit to 20.6 yuan million (S$3.9 million) for the fiscal fourth quarter ended Dec 31, 2023,...
SIIC Environment Q4 net profit falls 90.1%; full-year profit down 22.6%
WASTEWATER treatment company SIIC Environment posted a 90.1 per cent fall in net profit to 20.6 yuan million (S$3.9 million) for the fiscal fourth quarter ended Dec 31, 2023,...
‘Built to last’ Berkshire nears US$1 trillion valuation after record profit
WARREN Buffett-led Berkshire Hathaway inched closer to US$1 trillion market value on Monday (Fen 26), as the Class B shares of the investment conglomerate gained 5 per cent after...
Japan’s SMFG aims for three successive years of record profit, CEO says
SUMITOMO Mitsui Financial Group (SMFG) aims for three successive years of record net profit as Japan’s second-largest lender beefs up its business portfolio abroad including in India and the...
Not contented with pole position, BYD aims for bigger EV market share in Singapore
SINGAPORE’S top passenger electric vehicle (EV) seller BYD is aiming for a larger market share here as it sets to rev up the Chinese brand to become a better-known...
India central bank lifting curbs on forex non-deliverable forward arbitrage by banks
INDIA’S central bank is easing restrictions on banks’ arbitrage trades between the outright foreign exchange over-the-counter (OTC) and the non-deliverable forward (NDF) markets, four people familiar with the matter...