Business
Hosen Group CEO Daniel Lim increases stake in the company
Over the five trading sessions from Mar 14 to 20, institutions were net sellers of Singapore stocks, with net institutional outflow…
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CEO
Business
UOB CEO Wee Ee Cheong’s 2024 pay down 5.5% at S$15 million despite record net profit
UOB chief executive officer Wee Ee Cheong’s annual salary for 2024 dipped, despite the bank reporting a record net profit for the full…
Business
Washington Post Alumni Urged Jeff Bezos to Replace CEO Will Lewis
In February, as morale at The Washington Post was reaching new lows, two of the newspaper’s most respected alumni decided to intervene,…
Business
Nvidia CEO says company has not been asked to buy a stake in Intel
Nvidia CEO Jensen Huang said on Wednesday (Mar 19) that his company had not been approached about purchasing a stake in Intel. During a…
Business
Trendlines terminates subsidiary CEO Anton Wibowo for stealing US$2.1 million
The employee alleged to have stolen US$2.1 million from a subsidiary of Trendlines Group was the unit’s chief executive officer and…
Business
Elon Musk's feud with OpenAI CEO Sam Altman, explained
A bitter rift between two Silicon Valley billionaires could shape the future of the fast-growing artificial intelligence industry. Tesla…
Business
CDL says Sherman Kwek remains group CEO, as board battle erupts
City Developments Ltd (CDL) group chief executive officer Sherman Kwek said recent changes to the board have “never been about ousting our…
Business
CDL CEO Sherman Kwek disappointed by father’s “extreme actions” against him after suits filed
CITY Developments Ltd (CDL) group chief executive officer Sherman Kwek said recent changes to the board have “never been about ousting our…
Business
Great Eastern privatisation is ‘natural progression’ in bank’s strategy: OCBC CEO Helen Wong
THE full integration of Great Eastern into OCBC will help the lender realise more synergistic value, by providing more opportunities for…
Business
SingPost must quickly find a new group CEO to deliver it from its troubles
The postal-service provider’s road map following the sale of its Australian unit would shape the slate of candidates and its final pick of…
Business
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial…
News
Who Is Chelsea Manning? Famous Whistleblower Defends Alleged CEO Killer Luigi Mangione in Shocking Courtroom Appearance
On Friday, February 21, renowned whistleblower Chelsea Manning attended a Manhattan courtroom to support Luigi Mangione, who is accused of…
Business
EDB managing director Jacqueline Poh named as JTC’s new CEO
She will also be appointed as a member of the JTC board in an ex officio capacity THE Ministry of Trade and Industry (MTI) announced on…
Business
StanChart CEO Winters’ 2024 pay jumps 46% on-year
The surge in total remuneration comes mainly from a nearly 78% increase in the long-term incentive award STANDARD Chartered chief…
Business
Complex AI chips will drive demand for Lam Research chipmaking tools, CEO says
LAM Research chief executive Tim Archer said on Wednesday (Feb 19) that the thirst for complex artificial intelligence (AI) silicon will…
Business
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets businesses, and…
Business
Norinchukin CEO plans to resign after massive bond losses
A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talent NORINCHUKIN…
Business
Honda ready to revive takeover talks if Nissan CEO Uchida leaves: report
Nissan’s board of directors has also started informal discussions regarding the timing of Uchida’s departure HONDA Motor will resume talks…
Business
SingPost appoints former SGX CFO and former SIA Engineering CEO as new non-executive, independent directors
SINGAPORE Post (SingPost) on Monday (Feb 17) announced the appointment of two new non-executive, independent directors, Chng Lay Chew and…
Business
Marco Polo Marine CEO increases stake; ESR Reit buys back 5 million units
OVER the five trading sessions from Feb 7 to 13, institutions were net buyers of Singapore stocks, leading to a net institutional inflow…
Business
Pension segment and new licence to grow wealth management business: iFast CEO
THE core wealth management business of iFast recovered in 2024, with net inflows of S$3.3 billion compared to S$2 billion the year prior.…
Business
Cordlife group CEO resigns, search for replacement ongoing
PRIVATE cord-blood bank Cordlife’s group chief executive officer Yiu Pang Fai, 35, has tendered his resignation “to pursue other…
Business
Lendlease Global Commercial Reit appoints Guy Alexander Cawthra as CEO
LENDLEASE Global Commercial Real Estate Investment Trust (LReit) has appointed Guy Alexander Cawthra as its new chief executive, effective…
Business
Nokia hires Intel’s AI executive as CEO in push for turnaround
NOKIA said it was replacing chief executive officer Pekka Lundmark with Intel’s Justin Hotard in a surprise announcement as the network…