Entrepreneurship
Circle applies for US trust bank license after bumper IPO
[NEW YORK] Stablecoin firm Circle is applying to create a national trust bank in the US, a major move after its blockbuster initial public offering (IPO) valued the company...
Struggling semiconductor firm Wolfspeed files for bankruptcy
[NEW YORK] Wolfspeed, a chipmaker caught in US President Donald Trump’s push to reshape Biden-era tech subsidies, filed bankruptcy to enact a creditor-backed plan to slash US$4.6 billion in...
Eight-country coalition aims to tax luxury air travel
[SEVILLE, Spain] Countries including France, Kenya, Barbados and Spain on Monday launched a coalition to push for taxes on wealthy air passengers to help poorer nations respond to climate...
Apple loses bid to dismiss major US antitrust case
[WASHINGTON] A federal judge on Monday denied Apple’s motion to dismiss a major antitrust lawsuit brought by the US government, allowing the case challenging the tech giant’s alleged smartphone...
Millennium Hotels and Resorts ties up with German hotelier Maritim in cross-brand loyalty deal
As part of the partnership, both companies will jointly participate in major trade shows and roadshows[SINGAPORE] Millennium Hotels and Resorts has partnered Germany’s Maritim Hotels to launch a cross-brand...
Freddy Sim to step down as Creative CEO for health reasons; Tan Jok Tin to serve as interim CEO
[SINGAPORE] The chief executive officer of , Freddy Sim, will step down from his role on Jul 11 for health reasons, shortly after taking on the top job in...
Mice design-and-build specialist Dezign Format eyes Catalist IPO, lodges preliminary prospectus
[SINGAPORE] A second company in two weeks is preparing to list on the Singapore Exchange’s Catalist board, with Dezign Format Group lodging its preliminary prospectus on Monday (Jun 30)....
ING to cut 230 jobs as it has ‘too many’ managing directors
Published Mon, Jun 30, 2025 · 06:23 PM[AMSTERDAM] ING Groep announced a round of cuts focused on senior staff saying there are just too many of them.
The Dutch lender...
Singapore shares buck regional rally, STI dips 0.1%
Wilmar International’s shares still under pressure, hit a 52-week low at market’s close; OKP and Keong Hong both at 52-week highs[SINGAPORE] Singapore shares started the week closing slightly lower,...
Japan’s Nikkei ends at over 11-month high as US stocks rally boosts risk appetite
[TOKYO] Japan’s Nikkei share average closed at a more than 11-month high on Monday (Jun 30) as investor risk appetite grew after a strong rally in US equities, driven...
