News
JPMorgan replaces proxy advisers with AI for voting US shares
[ad_1] The internal AI platform, dubbed Proxy IQ, will now be used to manage votes and analyse data on more than 3,000 annual company meetings[NEW YORK] JPMorgan Chase’s asset-management unit...
US seizing Venezuela-linked, Russian-flagged oil tanker after weeks-long pursuit
[ad_1] [WASHINGTON] The United States is attempting to seize a Russian-flagged oil tanker with links to Venezuela after a more than two-week-long pursuit across the Atlantic and as a Russian...
US seizes Venezuela-linked, Russian-flagged oil tanker after weeks-long pursuit
[ad_1] It appears to be the first time in recent memory that the US military seizes a Russian-flagged vessel[WASHINGTON] The US seized a Russian-flagged oil tanker that was being shadowed...
Holiday shoppers spent a record amount online, searching out deals amid economic anxiety
[ad_1] Consumers splurged this last holiday season, enticed by good deals even as they worried about growth and inflation. Online shoppers spent a record $257.8 billion during the holiday season...
Warner Bros rejects revised Paramount bid as risky leveraged buyout
[ad_1] [LOS ANGELES] Warner Bros Discovery’s board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying its revised US$108.4 billion hostile bid amounted to a risky...
Samsung Electronics to buy 2.5 trillion won of its shares for employee compensation
[ad_1] [SEOUL] Samsung Electronics on Wednesday said it would acquire 2.5 trillion won (S$2.2 billion) worth of its own shares for employee and executive compensation.The shares will be acquired through...
Auto dealer Tan Chong expects HK$327 million in gains from investments in 2025
[ad_1] [SINGAPORE] Automotive group Tan Chong International said on Wednesday (Jan 7) that it expects to record an unaudited gain of HK$327 million (S$53.8 million) on its investments designated at...
China targets online commerce battles in latest regulatory salvo
[ad_1] [BEIJING] China unveiled broad regulations on Wednesday (Jan 7) that ban major platforms such as Alibaba Group Holding from coercing online merchants into promotions, one of a raft of...
Berkshire Hathaway raises new CEO Abel’s salary to US$25 million
[ad_1] [NEW YORK] Berkshire Hathaway said on Tuesday (Jan 6) it raised the salary of new chief executive Greg Abel to US$25 million, far exceeding the US$100,000 annual salary that...
Major Chinese ports handle record throughput in 2025 amid US tariffs
[ad_1] [SINGAPORE] Major Chinese ports reported record-high container throughput in 2025, shrugging off tariffs imposed by the United States.Ningbo-Zhoushan port’s container throughput came in at over 43 million 20-foot-equivalent units...
Ocean Network Express, MTI form JV to advance shipping industry’s digital transformation
[ad_1] It aims to promote the digital transformation of operations and business models using artificial intelligence [SINGAPORE] Singapore-based shipping line Ocean Network Express (ONE) and MTI have set up a...
