Entrepreneurship

US: Wall Street opens lower after mixed tech earnings, Fed comments
October 30, 2025
[NEW YORK] Wall Street’s main stock indexes opened lower on Thursday (Oct 30) after mixed earnings reports from large technology firms and comments from federal reserve chair Jerome Powell...
Estee Lauder beats quarterly estimates on robust growth in fragrances
October 30, 2025
It posted quarterly sales of US$3.48 billion, compared with analysts’ estimate of US$3.38 billion[NEW YORK] Estee Lauder beat Wall Street estimates for first-quarter sales and profit on Thursday (Oct...
Mastercard quarterly profit rises as transaction volumes hold strong
October 30, 2025
[NEW YORK] Mastercard reported a jump in third-quarter profit on Thursday (Oct 30), as sustained consumer spending boosted payment volumes on its networks.Consumer spending has proven resilient, while labour...
BYD profit declines for second straight quarter
October 30, 2025
Net profit hits 7.8 billion yuan as revenue slips 3.1%, marking first decline in five yearsPublished Thu, Oct 30, 2025 · 07:36 PM — Updated Thu, Oct 30, 2025...
Singapore’s gold buying spree fuels 47% sales jump in gold bars, coins as global demand hits record
October 30, 2025
Local demand for gold bars and coins rises 47%, but jewellery consumption slumps 8%[SINGAPORE] Strong investor appetite in Singapore, which resulted in a 47 per cent year-on-year jump in...
Sheng Siong reports 12% increase in Q3 earnings to S$43.7 million
October 30, 2025
Revenue is up 14.4% for period, mainly driven by an increase in the number of stores [SINGAPORE] Sheng Siong reported an 11.9 per cent increase in earnings to S$43.7...
Lufthansa hits forecasts in third quarter despite weaker North Atlantic market
October 30, 2025
[LONDON] Lufthansa reported quarterly operating earnings slightly above expectations on Thursday and said the outlook for the fourth quarter was strong and demand set to improve, though bookings on...
Tech giants test investors’ patience with AI spending spree
October 30, 2025
Alphabet, Meta Platforms and Microsoft, together have racked up some US$78 billion in capital expenditures last quarter[SEATTLE] The largest technology companies are betting on an artificial intelligence (AI) future...
Trump cuts China tariffs to 47%, says strikes deal with China’s Xi on rare earth exports
October 30, 2025
[BUSAN, South Korea] US President Donald Trump said he had struck a deal to reduce tariffs on China to 47 per cent in exchange for Beijing resuming US soybean...
Bank of Japan keeps interest rates unchanged
October 30, 2025
[TOKYO] The Bank of Japan kept interest rates on hold Thursday at 0.5 per cent, as widely expected by economists.The announcement came after the first monetary policy meeting since...
Asia: Stocks muted with all eyes on Trump-Xi meeting
October 30, 2025
ASIAN stocks were subdued on Thursday morning, with investors closely watching talks between the leaders of the United States and China for potential breakthroughs to defuse a damaging trade...
China stocks retreat from decade high as Trump-Xi trade deal yields few surprises
October 30, 2025
Investors cheer easing US-China tensions but stay cautious, wary a final deal may disappoint[HONG KONG] Chinese shares pulled back from a decade high on Thursday (Oct 30) as US...