Entrepreneurship

US: Wall St opens at near records levels as Nvidia hits US$5 trillion
[NEW YORK] Wall Street opened just short of fresh records on Wednesday (Oct 29) as Nvidia hits a US$5 trillion valuation, while investors awaited an expected Federal Reserve rate...
Starhill Global Reit’s net property income edges up 0.2% to S$37.9 million in Q1 FY2026
The Reit’s improved performance was mainly driven by stronger contributions from its Singapore retail and Malaysia segment[SINGAPORE] The manager of Starhill Global Reit reported a marginal rise of 0.2...
China signals it will pull plug on subsidies for EVs with five-year plan exclusion
Analysts say the country’s EV industry is now world-leading and considered mature[SHANGHAI/BEIJING] China has sent a clear signal that it is willing to pull the plug on subsidies for...
Civmec Q1 earnings fall 30.9% to A$10.5 million
[SINGAPORE] Civmec on Wednesday (Oct 26) posted a net profit after tax of A$10.5 million (S$9 million) for its first quarter ended Sep 30, down about 30.9 per cent...
Mapletree Logistics Trust’s China asset divestments could pick up as interest rates fall
MLT is targeting divestments of S$100 million to S$150 million across its portfolio in FY2026 [SINGAPORE] Mapletree Logistics Trust (MLT) is seeing “slightly better” interest in its China assets,...
Amazon to invest another US$5 billion in South Korea data centres
The spending comes on top of more than US$4 billion of envisioned investment with partner SK Group announced in June[SEOUL] Amazon.com is setting aside another US$5 billion for investment...
Stocks to watch: Mapletree Logistics Trust, Keppel Reit, Clas, ESR-Reit, Wee Hur, First Reit, LHN
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 29): Mapletree Logistics Trust (MLT) : The manager of the trust announced...
Hundreds of air traffic controllers take second jobs as US shutdown continues
[NEW YORK] Hundreds of US air traffic controllers have taken second jobs after missing their first full paychecks due to the government shutdown, intensifying strain on an already stretched...
From Policy to Profit: How Retirees Can Use Life Settlements to Fund New Investments
For many retirees, the idea of selling a life insurance policy sounds unusual at first. After all, life insurance has long been viewed as a safety net for loved...
US: Wall St opens at record highs, spotlight on corporate earnings
[NEW YORK] Wall Street’s main indexes opened at record highs on Tuesday (Oct 28) after upbeat forecasts from companies such as UnitedHealth and UPS, while Apple topped US$4 trillion...
UPS stuns Wall Street with strong profit and 34,000 job cuts
[NEW YORK] United Parcel Service (UPS) smashed Wall Street’s third-quarter profit expectations, sending its shares soaring and fuelling confidence in the courier’s comeback plans.The company also disclosed that it...
New AI lab focused on energy efficiency launched by Univers with Microsoft, AMD, NUS as partners
Resource and carbon management solution provider will bring in its AI and IoT solutions, and oversee the delivery of all projects[SINGAPORE] A new artificial intelligence (AI) lab that aims...