Culture

Europe: Shares advance on Nvidia results lift; investors assess US jobs data
EUROPEAN shares closed higher on Thursday (Nov 20) after artificial intelligence (AI) bellwether Nvidia’s results quelled concerns around an AI bubble, but pared earlier gains as uncertainty over the...
Generosity Beats Transactions In Building Community
Community isn’t built on scorecards. It’s built on showing up. My take is simple: give without keeping tabs, and you’ll create a network that lasts. I’ve seen the stop-and-go...
HSBC overhauls trading business in bid to become debt powerhouse
The firm will merge Group-of-10 rates trading unit with FX, EM rates and commodities desks into a new global macro division[LONDON] HSBC Holdings is restructuring its trading division as...
US: Wall Street opens sharply higher after Nvidia earnings, jobs data
[NEW YORK] Wall Street’s main indexes jumped at the open on Thursday (Nov 20) as technology stocks received a boost after Nvidia’s stellar results quelled some concerns around an...
Lufthansa enters race for TAP stake against Air France-KLM
TAP is of interest to bigger players due to its routes to Brazil and Portuguese-speaking Africa[FRANKFURT] Germany’s Lufthansa on Thursday (Nov 20) expressed an interest for a stake in...
Singdollar stays above S$1 to 120 yen mark
[SINGAPORE] The Singapore dollar stayed above the S$1-to-120 yen mark on Thursday (Nov 20), standing at 120.39 yen as at 6.35pm, after having peaked at 120.64 at around 3pm,...
Fresh high: Singdollar stays above S$1-to-120-yen mark
[SINGAPORE] The Singapore dollar stayed above the S$1-to-120-yen mark on Thursday (Nov 20), standing at 120.39 yen as at 6.35pm, after having peaked at 120.64 at around 3pm, Bloomberg...
IBM, Cisco outline plans for networks of quantum computers by early 2030s
[SAN FRANCISCO] IBM and Cisco Systems on Thursday (Nov 20) said they plan to link quantum computers over long distances, with the goal of demonstrating the concept is workable...
‘Value Unlock’ programme will help companies bridge gap with investors: industry players
Two training grants of up to S$15,000 and S$200,000 per company will be made available [SINGAPORE] Industry players say training grants are important for companies to engage their investors...
Buffett’s Alphabet blessing puts valuation paradox back in focus
Shares of the Google parent are up 55% this year, making them by far the top performer among the Magnificent Seven technology giants[NEW YORK] Just six months ago, Alphabet...
UBS appoints Kwa Chong Seng as chairman for Singapore, South-east Asia
[SINGAPORE] UBS has appointed corporate heavyweight Kwa Chong Seng as chairman for Singapore and South-east Asia, beginning from Dec 1.In this newly created role, Kwa will report directly to...
Link Reit H1 DPU down 5.9% at HK$1.2688 amid macro headwinds, sectoral challenges
[SINGAPORE] Hong Kong-listed Link Real Estate Investment Trust (Reit) – which owns Singapore’s Jurong Point and a major part of Thomson Plaza, recorded a distribution per unit (DPU) of...