Culture
CEOs in Singapore have greater staying power than global peers: report
Outgoing chief executives of STI companies average about 8.8 years in the role versus 7.2 years globally[SINGAPORE] Chief executive officers in Singapore last longer than the global average, according...
South Korea keeps rates steady as FX risks limit easing scope
[SEOUL] South Korea’s central bank kept interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further easing and policymakers waited to see...
Pentagon cited Alibaba on China military aid in Oct 7 letter
[WASHINGTON] The Pentagon concluded that Alibaba Group Holding, Baidu and BYD should be added to a list of companies that aid the Chinese military, according to a letter to...
AliExpress bans Chinese sex doll seller after Reuters examination
[LONDON] Alibaba’s AliExpress said that it has banned a China-based seller of childlike sex dolls from its marketplace after a Reuters examination of whether the sale of the products...
Campbell’s responds to ‘absurd’ charge it uses 3D-printed chicken
FOOD giant Campbell’s has dismissed as “absurd” claims allegedly made by a senior executive, who has since been placed on leave, that its soups are made with “3D-printed” chicken...
Stellantis deepens Europe’s reliance on China with CATL plant
[MADRID] Stellantis, the maker of Peugeot and Jeep vehicles, and China’s CATL broke ground on a 4.1 billion euros (S$6.2 billion) battery plant in northern Spain, a project that...
Europe’s Stoxx 600 climbs on Fed cut hopes; banks rally post-UK budget announcement
EUROPE’S main equity indexes closed higher on Wednesday, led by technology stocks as growing expectations of a US rate cut boosted global risk appetite, while financials also found support...
Oil up as investors await clarity on supply, Russia-Ukraine deal
[NEW YORK] Oil prices edged up on Wednesday ahead of the US Thanksgiving holiday, as US investors assessed prospects of oversupply and talks over a Russia-Ukraine peace deal.Brent crude futures gained...
Why Even Smart People Still Make Dangerous Decisions Under Stress
You do something, it blows up in your face, and then you ask yourself what made you do it in the first place because it’s glaringly obvious it never...
US: Wall Street opens higher as December Fed rate-cut bets grow
[NEW YORK] Wall Street’s main stock indexes opened higher on Wednesday (Nov 26), as investors parsed through a fresh batch of economic data and cemented expectations the Federal Reserve...
Chinese regulators block ByteDance from using Nvidia chips, The Information reports
The reported ban underscores Beijing’s efforts to reduce reliance on US technology[BEIJING] Chinese regulators have barred TikTok-owner ByteDance from deploying Nvidia chips in new data centres, The Information reported...
