Entrepreneurship

NetLink opens S$110 million Seletar Central Office to serve northern Singapore
The facility will benefit upcoming developments including the North-South Corridor and 40,000 new homes[SINGAPORE] Internet service provider NetLink NBN Trust opened a S$110 million new central office in Seletar...
Indonesia mulls moving 10 trillion rupiah per lender to regional banks to boost growth
The first two recipients could be Bank of Jakarta and East Java’s Bank Pembangunan Daerah Jawa Timur[JAKARTA] Indonesia is considering moving up to 10 trillion rupiah (S$780 million) per...
JPMorgan sees end of ‘private-for-longer’ mantra for startups
[LONDON] After years of facing requests from startups to help them stay private for longer, JPMorgan Chase’s clients are starting to sing a different tune. “A lot of these...
BBVA has 8 billion euros to fund mandatory bid for Sabadell if needed: CEO
A combined entity would become one of the largest lenders in Europe by assets, with about one trillion euros[MADRID/LONDON] BBVA has eight billion euros (US$9.4 billion) in capital for...
IEA trims renewables outlook as US policy shifts and China auction reforms weigh
[PARIS] The International Energy Agency (IEA) on Tuesday (Oct 7) cut its global forecast for renewable power growth by 2030 by 900 gigawatts (GW) from last year’s outlook, citing...
Goldman hikes December 2026 gold price forecast to US$4,900 per ounce
[BENGALURU] Goldman Sachs raised on Monday (Oct 6) its December 2026 gold price forecast to US$4,900 per ounce from US$4,300, citing strong Western exchange-traded fund (ETF) inflows and likely...
Asia: Tokyo stocks hit new record as markets extend global rally
JAPANESE stocks hit another record on Tuesday, building on the previous day’s surge following the election of a pro-stimulus advocate to lead the country’s ruling party, while gold also...
Two Australian pensions confirm merger to form A$235 billion fund
[MELBOURNE] Aware Super, one of Australia’s largest pensions, confirmed plans to merge with smaller rival TelstraSuper to form a A$235 billion (S$201 billion) fund.The two pensions have signed a...
No air traffic control at LA area airport, delays at others amid US government shutdown
A BUSY California airport had no air traffic controllers on Monday evening, the state’s governor said, as the effects of a US government shutdown rippled across the country.Hollywood Burbank...
Trump says US tariffs on heavy truck imports to begin Nov 1
The administration has already imposed tariffs on imported steel, aluminium, copper, automobiles and auto parts[WASHINGTON] US President Donald Trump said that 25 per cent duties on medium- and heavy-duty...
US interest rates well-placed to fight inflation: Fed official
US INTEREST rates are in a good place for the Federal Reserve’s inflation fight, a senior central bank official said on Monday (Oct 6), pushing back against President Donald...
World’s biggest rice buyer Philippines to prolong import ban
The United Nations’ Food and Agriculture Organization projecting a record 556.4 million tonnes [MANILA] The Philippines plans to broadly extend its ban on rice imports until April to support...