Culture
Serving with purpose: Expectations of non-profit board directors
Unlike directors of listed companies, NPO directors operate in an environment where the Code of Corporate Governance, Companies Act and…
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Culture
Culture
US dollar mixed as yen sell-off wanes, euro hit by French politics
THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by…
Culture
Ex-CIMB Singapore chief Victor Lee to join Security Bank in the Philippines as CEO
Victor Lee, the former chief executive officer of CIMB Singapore, has been appointed president and CEO of the Philippine-listed Security…
Culture
US: Wall Street subdued at open after Powell offers no rate clues
Wall Street’s main indices posted subdued gains at Thursday’s (Oct 9) open, after Federal Reserve chair Jerome Powell offered no fresh…
Culture
Launch of knowledge hub aims to beef up AI use among financial institutions: Chee Hong Tat
The Monetary Authority of Singapore (MAS) has launched an artificial intelligence (AI) knowledge hub to help the city-state’s financial…
Culture
Surprise rate decisions in Asia signal growing economic unease
They underscore growing domestic economic and market uncertainties exacerbated by US tariffs Three central banks over two days surprised…
Culture
Hedge funds are using options to bet on year-end US dollar gain
Hedge funds worldwide look to be favouring the US dollar in the option market as they bet that the currency’s rebound versus most major…
Culture
Singapore stocks buck regional trend; STI down 0.4%
All three local banks end lower; Genting Singapore is the most actively traded counter on the STI for the second day running Local shares…
Culture
Ferrari lifts the hood on EV tech in maiden electric car
The unveiling offers a glimpse into the brand’s EV future, marking a major milestone in the auto industry’s shift from combustion to…
Culture
Matcha mania hits Singapore as retail prices soar
AS matcha’s popularity continues to skyrocket, the demand for this vibrant green tea is outpacing supply. This story takes a closer…
Culture
Uniqlo owner Fast Retailing posts record profit for fourth year
The apparel maker beats its own forecast, with operating profit jumping to 564.3 billion yen Japan’s Fast Retailing, owner of global…
Culture
Asia’s Reit market ‘finally recovering’ amid lower interest rates and new listings: Aprea
The real estate investment trust, or Reit, market in Asia is “finally recovering” on the back of lower interest rates, higher investor…
Culture
Porsche’s China sales slump 21% on muted luxury demand
The manufacturer is shaking up its leadership and cutting jobs as part of a broader effort to get back on track Porsche’s sales in China…
Culture
SGX to sharpen focus on ecosystem initiatives to sustain equity market growth
To maintain the momentum of the recent uplift in local equities, the Singapore Exchange (SGX) will focus on expanding its product…
Culture
Clear pathways to growth and prosperity in Asia amid global uncertainty: OCBC’s Tan Teck Long
The ‘golden era of globalisation’ now feels like a distant memory, says the bank’s deputy CEO While the world is facing a landscape marked…
Culture
Top Singapore fund Lion Global wins with ‘forgotten’ small-caps
The company sees the small- and mid-cap strategy continuing to succeed over the longer term as well Lion Global Investors’ strategy of…
Culture
BOJ will find another rate hike this year difficult, says ex-deputy governor
The Bank of Japan (BOJ) can raise interest rates if prospects of durably meeting its 2 per cent inflation target improve, but would…
Culture
SoftBank’s Graphcore plans £1 billion chip investment in India
The US’s tensions with China have helped the country rise in prominence for global tech companies, but its AI infrastructure is still…
Culture
Malaysia’s data centre boom looks poised to continue despite power, labour concerns
Spillover of demand from Singapore is turning Johor into South-east Asia’s fastest-growing data centre hub Data centre operators in…
Culture
Oil prices edge up on worries about Russian output, higher US demand
Oil prices edged up about 1 per cent to a one-week high on Wednesday (Oct 8) as traders expected a lack of progress on a Ukraine peace…
Culture
Euro, yen slide for third straight day versus US dollar
The euro and the yen were headed for a third straight daily loss against the US dollar, pressured by political turmoil in France and…
Culture
US: Wall Street indices open higher with Fed remarks in focus
Wall Street’s main indices opened higher on Wednesday (Oct 8) following a blip in a steady rally, as investors awaited fresh clues from…
Culture
SGX securities trading volume surges 50.8% in September on stronger equities demand
The Singapore Exchange (SGX) reported a 50.8 per cent year-on-year rise in its securities turnover volume, as demand for local equities…
Culture
Tesla’s cheaper Model Y and 3 face uphill battle in Europe
The company hopes the cheaper cars will revive sales after global deliveries fell in 2024 for the first time Tesla’s lower-priced versions…