Leadership

STI retreats 0.5% after US Fed signals fewer rate cuts; bank shares, Reits fall
STI retreats 0.5% after US Fed signals fewer rate cuts; bank shares, Reits fall
SINGAPORE shares traded in negative territory on Thursday (Dec 19) afternoon, tracking broader losses in Asia after the US Federal Reserve signalled fewer interest rate cuts next year.As at...
US backs off effort to recall about 50 million airbag parts
US backs off effort to recall about 50 million airbag parts
US AUTO safety regulators backed down from forcing a recall of about 50 million airbag inflators they have said could explode in a crash, de-escalating a fight that has...
Stocks to watch: Asia-Pacific Strategic Investments
Stocks to watch: Asia-Pacific Strategic Investments
THE following company saw developments that may affect the trading of its securities on Thursday (Dec 19): Asia-Pacific Strategic Investments: The Catalist-listed company has agreed to operate and manage...
Apple halts effort to build iPhone hardware subscription service
Apple halts effort to build iPhone hardware subscription service
APPLE has halted work on a project to build an iPhone hardware subscription service, according to sources familiar with the matter, retreating from an attempt to change the way...
Return of the Reits? Singapore’s IPO scene set to come alive after subdued year
Return of the Reits? Singapore’s IPO scene set to come alive after subdued year
However, industry watchers remain cautious amid the return of Donald Trump as his policies may keep inflation up, slowing the pace of rate cutsSINGAPORE’S status as a real estate...
Oatly to shut S million plant jointly invested with Yeo Hiap Seng
Oatly to shut S$30 million plant jointly invested with Yeo Hiap Seng
SWEDISH drink manufacturer Oatly will be shutting its Singapore plant – jointly invested with local food and beverage company Yeo Hiap Seng for S$30 million – after just three...
Asia-Pacific Strategic Investments looks to manage two airports in Timor-Leste
Asia-Pacific Strategic Investments looks to manage two airports in Timor-Leste
CATALIST-listed Asia-Pacific Strategic Investments will be operating and managing two airports in Timor-Leste, after inking a cooperation agreement with Francisco Kalbuadi Lay, the country’s vice-prime minister, coordinating minister for economic...
Hong Kong watchdog searches finance firms’ offices in Nasdaq listings probe
Hong Kong watchdog searches finance firms’ offices in Nasdaq listings probe
HONG Kong’s securities watchdog last month searched the offices of about a dozen finance firms and individuals as part of a probe of company listings on the Nasdaq exchange,...
Bain and KKR battle for Fuji Soft heats up as Bain goes hostile
Bain and KKR battle for Fuji Soft heats up as Bain goes hostile
BAIN Capital said on Wednesday (Dec 18) it plans to launch a tender offer for Fuji Soft shares even without the backing of the Japanese firm’s board should a...
Singapore claims 3 spots in 2024’s list of top 10 busiest flight routes worldwide: OAG
Singapore claims 3 spots in 2024’s list of top 10 busiest flight routes worldwide: OAG
SINGAPORE is on several of the world’s busiest international flight routes this year, according to The Busiest Flight Routes of 2024 report released by global travel data platform OAG...