Entrepreneurship

Peak number of private equity firms seen running zombie risk
A RECORD number of private equity firms will turn into so-called zombie funds this year, as they struggle to reel in new investor cash, according to Ian Charles, co-founder...
Kingsmen Creatives chair and deputy chair build stakes
During the five sessions from Sep 5 to 11, 15 primary-listed companies made share buybacks with a total consideration of S$43 million[SINGAPORE] Over the five trading sessions from Sep...
Why The National Anthem Still Matters Today
Recently, I found myself reflecting on the opening lines of our national anthem. “Oh, say can you see by the dawn’s early light, what so proudly we hailed at...
OpenAI to share 8% of its revenue with Microsoft, partners, The Information reports
[BENGALURU] OpenAI has projected that by the end of the decade it will be sharing about 8 per cent of its revenue with commercial partners, namely Microsoft, down from...
Europe: Stoxx 600 slips as French rating review looms; still ends week higher
[GDANSK] European shares ended the week on a strong note, but were a little lower on Friday (Sep 12) as investors turned cautious ahead of Fitch’s credit rating decision...
OpenAI wants to create a public benefit corporation. What does that mean?
The company has faced pushback, including from early backer Elon Musk, on the moveAFTER months of back-and-forth with regulators and stakeholders, OpenAI said it is getting closer to converting...
Overcoming Fear of Failure: The Path to Unlocking Opportunity
Fear of failure cripples too many potential leaders. I’ve noticed this pattern repeatedly throughout my entrepreneurial journey – people hesitate to take action because they’re afraid of what might...
Asia: Stocks surge into weekend with US rate cut ‘seemingly locked in’
ASIAN markets surged again on Friday, tracking record highs across Wall Street, after US inflation and jobs data all but set in stone a Federal Reserve interest rate cut...
UOL sells Kinex mall for S$375 million
[SINGAPORE] Property developer UOL has entered into an agreement to sell Kinex, a retail mall, for US$375 million. The buyers of the freehold property are Kinex Times Square and...
AI infrastructure company Nebius to raise US$3 billion to fuel growth
[LONDON] Nebius Group said on Wednesday (Sep 10) it would raise US$3 billion to fuel growth in its core artificial intelligence cloud business, on the heels of its US$17.4-billion...
Gold takes a breather as focus turns to US inflation data
[BENGALURU] Gold prices were flat on Wednesday (Sep 10), as investors awaited key inflation reports due later this week, while expectations of a US interest rate cut this month...
CATL readies China lithium mine restart earlier than thought
Prices of lithium carbonate has seen heightened volatility over supply uncertainties[SINGAPORE] A Chinese lithium mine that pushed up battery-metal prices when it halted production last month is now gearing...