Culture
Drugmakers fall on report US to claim Covid shot killed kids
[WASHINGTON] Vaccine makers’ shares fell after a report that US President Donald Trump health officials plan to link Covid shots to the deaths of around two dozen children in...
Europe: Stoxx 600 slips as French rating review looms; still ends week higher
[GDANSK] European shares ended the week on a strong note, but were a little lower on Friday (Sep 12) as investors turned cautious ahead of Fitch’s credit rating decision...
OpenAI wants to create a public benefit corporation. What does that mean?
The company has faced pushback, including from early backer Elon Musk, on the moveAFTER months of back-and-forth with regulators and stakeholders, OpenAI said it is getting closer to converting...
Seatrium loses appeal to block US$126.6 million rig contract payment
The group will continue with arbitration to resolve dispute and seek recovery of payment[SINGAPORE] Seatrium on Friday (Sep 12) said its appeal in the Singapore court to block a...
CEO egos must be kept in check to prevent them from becoming ‘emperors’: Ho Ching
Ho has been conferred SID’s honorary fellowship during its conference on Friday[SINGAPORE] The top business leaders typically display a self-confidence that is necessary to drive the company forward. But...
SK Hynix shares hit record with news of AI memory milestone
The Seoul-traded chipmaker, whose shares are up roughly 90% over the past year, is now worth close to US$170 billion[SEOUL] SK Hynix’s stock climbed as much as 5.9 per...
US: Major indexes notch fresh records on rate cut hopes
[NEW YORK] Wall Street’s major indexes hit fresh records on Thursday as US inflation and jobless claims data added to conviction that the Federal Reserve would lower interest rates...
Frasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6
Payment for the scheme consideration to eligible securityholders is set to be made on or around Sep 30[SINGAPORE] Frasers Hospitality Trust (FHT) has received the court’s sanction for its...
TalkMed to delist from SGX on Sep 15
[SINGAPORE] Healthcare provider TalkMed announced on Thursday (Sep 11) that it will be delisted from the Singapore Exchange from 9 am on Sep 15.This follows confirmation from TW Troy...
Veteran banker sees Malaysia’s BNM keeping rates unchanged
[KUALA LUMPUR] A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting borrowing costs as current...
