Entrepreneurship
Chinese tech firms rise in Hong Kong debut as US-China tech race heats up
The trio’s performance will help gauge whether Hong Kong can extend last year’s IPO resurgence[SINGAPORE] Three Chinese technology firms debuted higher on Thursday (Jan 8) after raising a combined...
US oil companies say they need guarantees to invest in Venezuela: FT
US OIL companies want “serious guarantees” from Washington before they make large investments in Venezuela, as President Donald Trump urges them to back his bid to reshape energy markets,...
Asia bankers fear US scrutiny of loans involving chips, China
The backlash against US capital flowing into an AI ecosystem linked to Chinese firms can be swiftSOME bankers in Asia are starting to worry about financing deals that would...
HSBC veteran James Cheo to join UBS in senior Apac role
Cheo will be based in Singapore and report directly to Tan Min Lan, head of CIO Apac[SINGAPORE] Banking veteran James Cheo will join UBS from HSBC in March as...
Musk lawsuit over OpenAI for-profit conversion can head to trial, US judge says
[WASHINGTON] Billionaire entrepreneur Elon Musk persuaded a judge on Wednesday to allow a jury trial on his allegations that ChatGPT maker OpenAI violated its founding mission in its high-profile...
Stocks to watch: FCT, CLI, OUE Reit, Tan Chong International, Vividthree
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jan 8): Source link
Trump-linked World Liberty Financial seeks license to launch trust bank
The company says that it plans to allow conversion services between US dollars and USD1 without fees at launch[BENGALURU] World Liberty Financial, a crypto venture backed by the family...
Samsung expects record Q4 operating profit, beating expectations
[SEOUL] Samsung Electronics on Thursday projected a 208 per cent jump in fourth-quarter operating profit from a year earlier, beating analysts’ estimates as tight supply and a surge in...
Jefferies takes US$30 million hit on First Brands as profit drops
[NEW YORK] Jefferies Financial Group posted a drop in quarterly profit as the bank took a US$30 million pre-tax loss tied to the collapse of auto-parts supplier First Brands...
Oil falls after Trump reveals plan for Venezuelan oil
[NEW YORK] Oil prices fell on Wednesday as US President Donald Trump’s plan to refine and sell Venezuelan crude oil raised concerns about the long-term impact of US actions.US data on Wednesday showed...
