Entrepreneurship
JPMorgan bullish on Singapore stocks amid expected Asean rebound, names 7 top picks
The city-state’s rally has a ‘long way to go’, says the bank, which is also ‘overweight’ on Vietnamese equities[SINGAPORE] Asean equities will be at an inflexion point in 2026,...
Nike’s China conundrum deepens as turnaround stagnates
Nike’s stock is down 13% so far this year, on track for a fourth straight year of declines[NEW YORK] Nike is running out of time to prove its China...
TikTok says it signed agreements to create new US joint venture
TIKTOK chief executive officer Shou Chew told employees that the social media app’s parent company, ByteDance, signed binding agreements to create a US joint venture majority-owned by American investors.In...
BNY to move Singapore offices to Marina One East Tower
Investments into new spaces with better amenities are part of the bank’s transformation process that started in 2022[SINGAPORE] BNY is entering its next phase of transformation that bets big...
FedEx posts higher quarterly results, raises low end of full-year profit forecast
It lifted its 2026 revenue outlook, calling for 5 to 6 per cent year-over-year growthFEDEX posted higher second-quarter profit and revenue on Thursday and lifted the low end of...
FedEx CEO’s sweeping network overhaul is starting to bear fruit
[NEW YORK] FedEx offered investors a sign that chief executive officer Raj Subramaniam’s turnaround plan may be worth the wait. The shipping heavyweight raised the low end of its...
Oil prices settle slightly higher as market assesses mounting supply risks
[HOUSTON] Oil prices settled marginally higher on Thursday as investors assessed the likelihood of further US sanctions against Russia and the supply risks posed by a blockade of Venezuelan oil tankers.Brent crude closed...
ECB holds rates with growth firmer and inflation near target
Policymakers give no guidance on next steps, saying decisions will be made meeting by meeting on data[FRANKFURT] The European Central Bank (ECB) left interest rates unchanged for a fourth...
China solar industry’s losses narrowing on overcapacity push, association says
[BEIJING] Losses in China’s slumping solar sector narrowed in the third quarter, data presented by an industry group official revealed, as the government’s war on industrial overcapacity targeted manufacturers.The...
BlueSG disposes old EVs ahead of relaunch in 2026
The LTA blocks the transfer of Bluecars to Tribecar due to EV Sharing Scheme restrictions[SINGAPORE] Ahead of its planned relaunch in 2026, car-sharing service BlueSG has disposed of its...
