Culture
Top Glove shares end flat after 7.3% surge in intra-day trade on return to full-year profitability
[ad_1] The group attributes its improved performance to the higher demand for gloves and its cost efficiency[SINGAPORE] Shares of Top Glove soared on Friday (Oct 10) morning after the Malaysian...
Central banks seen holding Bitcoin, gold as key reserves by 2030, Deutsche Bank says
[ad_1] [NEW YORK] Central banks may hold significant amounts of Bitcoin and gold by 2030, thanks to growing institutional popularity and a weakening US dollar, according to Deutsche Bank. Marion...
Bank of Singapore’s new AI tool does in one hour what used to take 10 days
[ad_1] Besides being a time saver, the tool cuts down on human error from examining documents on clients’ employment, business and investment history [SINGAPORE] Bank of Singapore (BOS) has launched...
US SEC offers relief for IPOs stuck in limbo during shutdown
[ad_1] Companies launching initial public offerings while most of the government is closed will not have to include a specific price in their documents filed with the market regulator[WASHINGTON] The...
Shein, hit with big fines, boosts internal controls
[ad_1] The online fast-fashion retailer has grown to become the world’s biggest fast fashion retailer by sales [LONDON] Online fast-fashion retailer Shein is strengthening its controls after a string of...
Trump proposes barring Chinese airlines flying over Russia on US flights
[ad_1] The push comes amid growing tension between China and America over a series of economic issues[WASHINGTON] The Trump administration on Thursday (Oct 9) proposed banning Chinese airlines from flying...
US hits firms moving Iranian oil and major China crude terminal
[ad_1] The latest designations by the Treasury Department mark the latest effort by Washington to target the Beijing-Tehran energy trade[LONDON] The US sanctioned more than 50 individuals, firms and vessels...
Oil settles 1.6% lower after Gaza ceasefire
[ad_1] Opec+ has agreed on Sunday to a November output hike that was smaller than market expectations, easing oversupply concerns[HOUSTON] Oil prices settled lower on Thursday (Oct 9) after Israel...
US: Wall Street closes lower, pausing record-setting rally as earnings approach
[ad_1] The stock market’s pause comes amid a steep rally that has been largely driven by the rise of artificial intelligence technology[NEW YORK] US stocks ended in negative territory on...
Ex-CIMB Singapore chief Victor Lee to join Security Bank in the Philippines as CEO
[ad_1] [SINGAPORE] Victor Lee, the former chief executive officer of CIMB Singapore, has been appointed president and CEO of the Philippine-listed Security Bank Corp, reported the Philippine Daily Inquirer on...
