Entrepreneurship
Brunei tweaks Bridgewater bet to a lucrative 20% stake in firm
Published Sat, Aug 2, 2025 · 12:30 PM[NEW YORK] Brunei’s sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20 per...
Meta to share AI infrastructure costs via US$2 billion asset sale
[NEW YORK] Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power artificial intelligence (AI), disclosing plans in...
Europe: Shares log biggest daily drop since April after US tariffs hike
[BENGALURU] European stocks logged their biggest one-day drop in over three months on Friday (Aug 1), at the end of a busy week as investors grappled with the repercussions...
Tai Sin Electric to acquire 25% stake in charging station contractor
Its subsidiary Lim Kim Hai Electric has subscribed for 333,333 new ordinary shares of EV Mobility for S$1.5 million[SINGAPORE] Power distribution solutions provider Tai Sin Electric has entered into...
UOB trims One Account interest rate again to maximum 2.5% per annum on first S$150,000
It had already lowered rates on its flagship deposit account in April to 3.3% from 4%[SINGAPORE] UOB is cutting interest rates on its flagship savings account, the One Account,...
Hong Kong to let big funds secure bigger proportions of listings
Starting next week, the maximum percentage of shares that can be allocated to retail investors will be lowered to 35%, down from 50% currentlyPublished Fri, Aug 1, 2025 ·...
Hong Kong eases listing rules to boost red-hot IPO market
[HONG KONG] Hong Kong eased some of its rules to list in the city, potentially bolstering what’s already been one of the hottest markets in the world for initial...
OCBC trims full-year NIM guidance; Q2 profit slips 7% to S$1.82 billion
[SINGAPORE] OCBC has lowered its target net interest margin (NIM) for FY2025 to a range of 1.9 to 1.95 per cent, down five to 10 basis points (bps) from...
UOBKH calls a ‘sell’ on SIA, lowers target price after significantly weaker Q1 earnings
[SINGAPORE] UOB Kay Hian (UOBKH) equity analyst Roy Chen downgraded his rating on Singapore Airlines (SIA) to “sell”, with a reduced target price of S$6.03 from S$6.63, on the...
Gold holds gain as markets monitor Trump’s tariff rollout
Published Fri, Aug 1, 2025 · 10:29 AMGOLD held an advance - but remained on track for a weekly loss - as the White House unveiled President Donald Trump’s tariff...
