Entrepreneurship

Oil settles higher on risk of disruptions to Venezuela, Russia supply
[NEW YORK] Oil prices settled higher on Monday after the US Coast Guard tried to intercept an oil tanker in international waters near Venezuela a day earlier, and Ukraine damaged two vessels and...
Wall Street climbs as tech rebound gathers momentum
[NEW YORK] US stocks rose on Monday (Dec 22), kicking off the holiday-shortened week on a positive note, as technology stocks continued to rebound from last week’s sell-off, while...
HTC bets its open AI strategy to drive smart glasses sales
The glasses support multiple platforms, letting users benefit from improvements by various models[TAIPEI] Taiwan’s HTC is betting its open platform strategy will allow it to build market share in...
China to scrub small overdue debts from credit records to help spur lending
[BEIJING] China’s central bank on Monday unveiled a one-off credit repair scheme to allow overdue personal debts of up to 10,000 yuan (S$1,835) incurred since 2020 to be removed...
From Amazon to DBS: AI is driving the thousands of pink slips being issued to staff
[SINGAPORE] The global march of artificial intelligence (AI) continues, and in its shadow, hundreds of thousands of jobs have or will be axed by corporations. Among the latest major...
Tips for wealthy property families seeking to pass ownership of empires through multiple generations
Applying lessons from Geneva’s Pictet family  Source link
Gold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal
[BENGALURU] Spot gold surged to a record high of US$4,383.73 per ounce on Monday, lifted by expectations of further US Federal Reserve rate cuts after last week’s quarter-point reduction,...
Gold, silver hit record highs on Fed rate-cut bets
[BENGALURU] Gold and silver hit record highs on Monday (Dec 22) as softer US labour data and a tame inflation reading fuelled bets the Federal Reserve will cut interest...
CNMC Goldmine shares fall 1.8% on extra tax, penalty in Malaysia
[SINGAPORE] Shares of Catalist-listed CNMC Goldmine fell as much as 7.3 per cent on Monday (Dec 22) as investors reacted to its Malaysian unit facing additional income tax assessments.The...
China leaves benchmark lending rates unchanged for seventh month in a row in December
[SHANGHAI] China left benchmark lending rates unchanged for the seventh consecutive month in December on Monday, matching market expectations.The one-year loan prime rate (LPR) was kept at 3.00 per...
How UOB’s Wee Ee Cheong masters the long game
WEE Ee Cheong, the third-generation UOB chief, recently posed a question to AI: what will UOB’s market capitalisation be in ten years?The year 2025 marks UOB’s 90th anniversary, and...
Chinese chipmakers race to IPO after back-to-back listings surge
[SHANGHAI] Chinese chipmakers are rushing to the initial public offering (IPO) market, raising funds that are key to the nation’s goal of technological self-reliance and winning the global race...