Technology
South Korea central bank chief says inflationary pressure easing
SOUTH Korea’s central bank governor said on Tuesday (Jun 18) that the pace of consumer inflation is likely to continue to slow, feeding expectations the Bank of Korea (BOK)...
OCBC launches new tool that uses AI to pick stocks
OCBC has launched a new tool that uses artificial intelligence (AI) to pick stocks, the lender said on Tuesday (Jun 18). The tool, which is known as AI OCBC...
Blackstone makes US$1.7 billion bid for Japan e-comics platform Infocom
Blackstone launched a US$1.74 billion bid to take Japanese digital comic distributor Infocom private, including a tender offer for a per-share price of 6,060 yen (S$51.89), Infocom said on...
Brokers’ take: Maybank reinitiates coverage on Sea with ‘buy’ call
MAYBANK Securities reinitiated coverage on Sea with a “buy” call and a target price of US$90, after projecting healthy revenue growth for the internet company.The research house estimates Sea’s...
Hot stock: Seatrium falls as much as 7.8% amid heavy trading
SHARES of Seatrium fell as much as 7.8 per cent on Tuesday (Jun 18) morning after the group announced last week that it was involved in a joint investigation...
Singapore-based Trafigura tops inaugural Fortune 500 ranking for S-E Asia
COMMODITY trader Trafigura has come in first on the inaugural South-east Asian edition of the Fortune 500 list, a ranking of the largest companies by revenue. On Tuesday (Jun...
Hong Kong to allow trading during typhoons from late September
HONG Kong will end its decades-long practice of shutting its markets during typhoons and major storms starting on Sep 25, the city’s chief executive John Lee said. There was...
Foxconn billionaire’s eight-year stock target finally comes true
TERRY Gou, the billionaire founder of iPhone assembler Foxconn Technology Group, has finally reached a goal that had eluded him for about eight years.Shares of the group’s flagship Hon...
