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US: Stocks close lower as inflation remains in focus
US: Stocks close lower as inflation remains in focus
WALL Street stocks ended the week on a downcast note on Friday (Mar 15), with all three major indices retreating as traders looked ahead to next week’s US central...
Prime US Reit manager CEO Harmeet Singh Bedi resigns
Prime US Reit manager CEO Harmeet Singh Bedi resigns
THE chief executive officer (CEO) of Prime US Reit’s manager, Harmeet Singh Bedi, will resign from his role at the end of March, a little over a year after...
Pessimism for ‘net zero by 2050’ grows as executives grapple with poor ROI prospects: Bain
Pessimism for ‘net zero by 2050’ grows as executives grapple with poor ROI prospects: Bain
NET zero by 2050? Fewer executives on the frontlines of the world’s energy transition now view this as realistic, as 62 per cent believe that the world will reach...
Nippon Steel defends US deal after Biden comes out against bid
Nippon Steel defends US deal after Biden comes out against bid
NIPPON Steel said it’s determined to complete its US$14.1 billion acquisition of United States Steel after President Joe Biden stated the company should stay in US hands. In the...
Life Insurance Association launches guide to explain underwriting process to consumers
Life Insurance Association launches guide to explain underwriting process to consumers
THE Life Insurance Association Singapore (LIA) on Friday (Mar 15) launched an underwriting guide for consumers, which contains general underwriting principles and practices for life and health insurance coverage....
Gold on track for weekly drop as traders temper US rate-cut hopes
Gold on track for weekly drop as traders temper US rate-cut hopes
GOLD prices were headed on Friday (Mar 15) for their first weekly fall in four as surprisingly hot United States inflation readings suggested that the Federal Reserve could reduce...
Samsung poised to win over US billion for expanded US investment
Samsung poised to win over US$6 billion for expanded US investment
THE United States plans to award more than US$6 billion to Samsung Electronics, helping the chipmaker expand beyond a project in Texas it has already announced, according to sources...
Hot stock: No Signboard slumps 45.2% as trading resumes after more than 2 years
Hot stock: No Signboard slumps 45.2% as trading resumes after more than 2 years
SHARES of No Signboard tumbled on Friday (Mar 15) morning, as the restaurant operator resumed trading more than two years after it first called for a voluntary suspension.As at...
Stocks to watch: SIA, FLCT, Frasers Property, CSE Global, No Signboard, Chemical Industries
Stocks to watch: SIA, FLCT, Frasers Property, CSE Global, No Signboard, Chemical Industries
THE following companies saw new developments that may affect trading of their securities on Friday (Mar 15): Singapore Airlines (SIA): The flag carrier has priced US$500 million of 10-year, 5.25...
Self-proclaimed Bitcoin inventor is not ‘Satoshi Nakamoto’, UK judge rules
Self-proclaimed Bitcoin inventor is not ‘Satoshi Nakamoto’, UK judge rules
AN AUSTRALIAN computer scientist who claims he invented Bitcoin is not “Satoshi Nakamoto”, the pseudonymous inventor of the cryptocurrency, a judge at London’s High Court ruled on Thursday (Mar...