Culture
Goldman Sachs to promote highest number of executives to managing director since 2021
The promotions include 31 per cent Asian, 3 per cent Black and 4 per cent Hispanic or Latino staff[NEW YORK] Wall Street lender Goldman Sachs will promote 638 executives...
OCBC Q3 profit flat at S$1.98 billion, beats expectations
[SINGAPORE] OCBC ’s net profit was flat for its third quarter, supported by higher non-interest income and lower allowances, it said on Friday (Nov 7). Net profit for...
Tesla shareholders approve US$878 billion pay plan for Elon Musk
[SAN FRANCISCO] Tesla CEO Elon Musk scored a resounding victory on Thursday as shareholders approved a pay package of as much as US$878 billion over the next decade, endorsing his vision...
US: Wall Street ends lower on tech valuations, economic jitters
[NEW YORK] US stocks closed in negative territory on Thursday, with a resumption of Tuesday’s tech selloff as investors contended with mounting economic uncertainty and stretched valuations.All three major US equity...
Marketing Insights From Someone Who’s Seen It All
After twelve years in the marketing trenches working with over 6,000 companies, I’ve developed a unique perspective on what actually works in this field. As the founder and CEO...
Fu Yu receives letters of demand from fired CEO seeking S$2 million over salary and alleged defamation
The sum claimed by David Seow includes over S$1.8 million in salary and S$200,000 in damages[SINGAPORE] Fu Yu has received two letters of demand from fired chief executive officer...
Singtel offers US1.2 billion stake in Bharti Airtel, terms show
[SINGAPORE] A Singapore Telecommunications unit offered to sell shares in Indian mobile carrier Bharti Airtel in a deal that may fetch US$1.2 billion, terms of the offering show.The unit,...
Yangzijiang Financial aborts one billion yuan investment in Chinese lithium battery producer
Subsidiary Jiangsu New Yangzi Commerce & Trading and two strategic investors fail to secure approval from Ningbo Shanshan’s creditors[SINGAPORE] Yangzijiang Financial said the plans to pump one billion yuan...
Nuclear education needed in Singapore as Asean neighbours explore deployment: Tan See Leng
Government will share latest information on safety issues regarding advanced nuclear tech with public, he says[SINGAPORE] There is a need to build up Singaporeans’ knowledge and understanding on nuclear...
Bank of Canada plans 10% job cuts as PM Carney moves to trim expenses
The central bank is committed to achieving a 15% total budget reduction over the 2026 to 2028 period[OTTAWA] The Bank of Canada is planning to eliminate hundreds of jobs,...
