Technology
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
GENERAL Motors CEO Mary Barra’s total compensation in 2023 fell 4 per cent to US$27.8 million, the largest US automaker said on Wednesday (Apr 24).
The Detroit automaker also said...
OKP unit gets S$92.9 million LTA contract
OKP’s : 5CF 0% wholly owned subsidiary Eng Lam Contractors has secured a contract worth S$92.9 million from the Land Transport Authority (LTA) for the construction of new cycling...
Toymaker Hasbro posts quarterly profit beat, slower sales decline
HASBRO reported a smaller-than-expected drop in first-quarter sales and handily beat profit estimates on Wednesday (Apr 24), as leaner inventories and steady digital gaming revenue helped cushion a drag...
Asia stocks rise on Wednesday amid Wall Street rally; STI up 0.6%
ASIA markets on Wednesday (Apr 24) tracked overnight gains on Wall Street. Singapore’s Straits Times Index (STI) gained 0.6 per cent or 20.41 points to 3,293.13. Across the broader...
Volvo Cars see good demand this year after higher Q1 unit sales
SWEDISH carmaker Volvo Cars said on Wednesday (Apr 24) it expects good demand for its vehicles this year after a rise in first-quarter unit sales, though operating earnings missed...
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head
CHINESE brokerage Haitong Securities removed Lin Yong from chief executive of its Hong Kong-based offshore unit, according to an internal memo and a company source with knowledge of the...
China’s Huawei launches new software brand for intelligent driving
CHINESE tech company Huawei unveiled on Wednesday (Apr 24) a new software brand for intelligent driving, marking its latest push to become a major player in the electric vehicle...
China’s SenseTime soars 36% after unveiling beefier AI model
SENSETIME Group’s stock soared its most in more than two years after releasing the latest version of its SenseNova generative AI model, highlighting the intense interest surrounding China’s efforts...
