Posts by Swedan Margen
Aviation must adopt F1’s innovation speed, says SATS CEO Kerry Mok
[SINGAPORE] The aviation industry must change more quickly and adopt the relentless, “race-by-race” innovation cycle seen in Formula 1 (F1) if it hopes to survive a deepening manpower crisis, said SATS president and CEO Kerry Mok on Wednesday (Feb 4) at the Singapore Airshow 2026. He was speaking at a panel at the International Centre…
Read MoreBaidu approves US$5 billion share buyback, first dividend
The Internet company joins larger peers Tencent Holdings and Alibaba Group Holding in enhancing shareholder returns Published Thu, Feb 5, 2026 · 10:56 AM BAIDU announced a three-year stock buyback programme of as much as US$5 billion and plans to issue its first dividend in 2026, establishing a major shareholder return plan. The Chinese artificial…
Read MoreQualcomm, Arm hit by concern that memory shortage is spreading
The historic build-out of AI infrastructure is driving the shortage of memory chips Published Thu, Feb 5, 2026 · 10:27 AM [SAN FRANCISCO] Shares of Qualcomm and Arm Holdings fell steeply after the semiconductor companies delivered quarterly reports, hurt by concern that a shortage of memory chips will crimp growth in the electronics industry. Both…
Read MoreLabor unions urge Gov. Gavin Newsom, California lawmakers to rein in artificial intelligence
SACRAMENTO — National union leaders, including the head of one of California’s largest labor organizations, on Wednesday urged Gov. Gavin Newsom to protect workers as artificial intelligence threatens to replace or surveil employees — and warned that a failure to do so could hurt his presidential ambitions. “This is a priority for the entire nation,” Lorena Gonzalez,…
Read More‘We want to be a dominant player’: DBS targets S$100 billion in cross-border flows by 2030
The lender plans to roll out same-day outbound remittances from China by the second half of 2026 [SINGAPORE] DBS is aiming to reach S$100 billion in consumer cross-border flows in its core markets by 2030, and doubling its market share to 20 per cent, said Sanjoy Sen, group head of consumer banking, in an interview…
Read MoreGold rises over 1% as geopolitical, economic tensions lift precious metals
Labour market weakness typically strengthens the case for interest rate cuts aimed at supporting job creation Published Thu, Feb 5, 2026 · 09:55 AM [BENGALURU] Gold climbed more than 1 per cent on Thursday (Feb 5), hovering near one-week highs, as geopolitical and economic tensions continued to bolster prices, while silver and palladium also posted…
Read MoreIndonesia’s moment of truth creates space for India-style rally
The core issues, chronically low free float and thin liquidity, have long weighed on the market’s appeal [SINGAPORE] A looming MSCI downgrade has plunged Indonesia’s stock market into a once-in-a-generation rout. For investors and policy makers alike, it has also sharpened focus on a potential way out – one that mirrors India’s transformation from a…
Read MoreKeppel closes up 6.1% at over-12-year high on profit growth, Piyush Gupta’s appointment as chair-designate
[SINGAPORE] Shares of Keppel rallied on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced former DBS chief Piyush Gupta as its chairman-designate. The counter jumped 5.9 per cent or S$0.65 to S$11.60 as at 3.08 pm, with more than 12.1 million shares changing hands. Shares…
Read MoreKeppel rises 3.2% amid higher H2 net profit, Piyush Gupta’s appointment as chair-designate
[SINGAPORE] Shares of Keppel rose on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced ex-DBS chief Piyush Gupta as its chairman-designate. The counter was up 3.2 per cent or S$0.35 at S$11.30 as at 9.03 am, with more than 1.5 million shares having changed hands.…
Read MoreKeppel up 4.5% at over-12-year high on profit growth, Piyush Gupta’s appointment as chair-designate
[SINGAPORE] Shares of Keppel rose on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced former DBS chief Piyush Gupta as its chairman-designate. The counter was up 4.5 per cent or S$0.49 at S$11.44 as at 11.26 am, with more than seven million shares having changed…
Read MoreKeppel up 5% at over-12-year high on profit growth, Piyush Gupta’s appointment as chair-designate
[SINGAPORE] Shares of Keppel rallied on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced former DBS chief Piyush Gupta as its chairman-designate. The counter jumped 5 per cent or S$0.55 to S$11.50 as at 1.10 pm, with over 9.8 million shares changing hands. This marks…
Read MoreKeppel up 5.9% at over-12-year high on profit growth, Piyush Gupta’s appointment as chair-designate
[SINGAPORE] Shares of Keppel rallied on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced former DBS chief Piyush Gupta as its chairman-designate. The counter jumped 5.9 per cent or S$0.65 to S$11.60 as at 3.08 pm, with more than 12.1 million shares changing hands. This…
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