Leadership
BASF plans more German cuts even as group profit set to rebound
GERMANY’S BASF will slash another one billion euros (S$1.5 billion) in annual costs at its Ludwigshafen headquarters, citing weak demand and high energy costs in its home market, highlighting...
Singapore stocks fall amid disappointing earnings; STI down 1.2%
THE Straits Times Index fell 1.2 per cent or 38.03 points to 3,184.91 on Friday (Feb 23) amid weak earnings results. Across the broader market, losers beat gainers 326...
What’s next for the ringgit?
THE Malaysian ringgit has slumped against the US dollar to a level not seen since the Asian financial crisis – a quarter of a century ago. Against the Sing...
Malaysia PM says ringgit’s fall to 26-year low ‘concerning’
MALAYSIAN Prime Minister Anwar Ibrahim said the ringgit’s slide this week to its lowest level since the Asian financial crisis is “concerning” and that the authorities are watching the...
Malaysia PM says ringgit’s fall concerning but economic fundamentals strong
MALAYSIA’S Prime Minister Anwar Ibrahim on Friday (Feb 23) said the ringgit currency’s fall to a 26-year-low this week was concerning but emphasised that strong fundamentals underpinned a promising...
StanChart announces US$1 billion share buyback, dividend hike as 2023 profit rises 18%
STANDARD Chartered on Friday (Feb 23) reported 2023 pre-tax profit rose 18 per cent, in line with forecasts, and rewarded shareholders with a US$1 billion share buyback and a...
StanChart announces US$1 billion share buyback, dividend hike as 2023 profit rises 18%
STANDARD Chartered on Friday (Feb 23) reported 2023 pre-tax profit rose 18 per cent, in line with forecasts, and rewarded shareholders with a US$1 billion share buyback and a...
America returns spaceship to the Moon, a private sector first
FOR the first time since the Apollo era, an American spaceship has landed on the Moon: an uncrewed commercial robot, funded by Nasa to pave the way for US...
