Entrepreneurship

Shares of HPL close 0.7% higher; investors unfazed by founder Ong Beng Seng’s guilty plea
[SINGAPORE] Shares of Hotel Properties Ltd (HPL) ended their session on Monday (Aug 4) 0.7 per cent or S$0.04 up at S$5.50, following its founder Ong Beng Seng pleading...
Gold succumbs to profit-taking after US jobs data-fuelled rally
Published Mon, Aug 4, 2025 · 10:05 AM[BENGALURU] Gold prices slipped on Monday (Aug 4) as investors booked profits after a sharp rise in the previous session following weaker-than-expected...
Nio’s July deliveries rise 2.5% amid launch of smart large-space SUV
[SINGAPORE] Chinese electric vehicle maker Nio announced on Friday (Aug 1) after trading hours that it had delivered 21,017 vehicles in July, up around 2.5 per cent from 20,498...
China may need to trim record copper output on shortage of ore
[BEIJING] China’s copper smelters could be at a turning point, as a persistent shortage of ore forces them to trim production from record levels, just as the government ramps...
Thai Airways’ share price soars more than 200% after trading resumption
[BANGKOK] Thai Airways International’s stock price had risen 216 per cent when the market closed on Monday (Aug 4) after shares in the airline resumed trading following a hiatus...
Gold caught between bearish technicals and bullish long-term fundamentals
Gold has long stood as the ultimate barometer of fear and uncertainty in the global financial system. Yet in recent weeks, it has been facing a perplexing mix of...
Crypto mogul flies to space aboard latest Blue Origin flight
Other celebrities have taken on the suborbital mission, including pop star Katy Perry and Bezos’ now-wife Lauren SanchezPublished Mon, Aug 4, 2025 · 06:52 AM[CALIFORNIA] A Blue Origin rocket...
Boeing defence workers set to strike on Monday in US: union
[WASHINGTON] Thousands of members of a union representing Boeing defence industry workers in the US states of Missouri and Illinois will go on strike early Monday after rejecting a...
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed that US employers added...
CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500
[SINGAPORE] If City Developments Ltd (CDL) executive chairman Kwek Leng Beng’s plans come to fruition, the group’s portfolio of hotels – including those under subsidiary Millennium Hotels & Resorts...
Opec+ makes another large oil output hike in market share push
[LONDON] Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain...
Bank of England rate cuts deliver £11 billion hit to households
[LONDON] Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing costs in a generation is still...