Entrepreneurship

Apac family offices responded most vigorously to tariff turmoil globally: report
[SINGAPORE] Family offices in the Asia-Pacific region responded more vigorously to tariff turmoils than their counterparts elsewhere, a report has found.In the market turmoil following the US’ tariff announcement...
Musk answers Tesla’s pay proposal with US$1 billion stock buy
ELON Musk responded to an unprecedented pay proposal from Tesla’s board by buying about US$1 billion worth of shares, sending the stock soaring in premarket trading.The billionaire bought the...
Jack Ma returns with a vengeance to ‘Make Alibaba Great Again’
[BEIJING] During China’s years-long crackdown on the tech sector, Alibaba Group Holding’s internal messaging boards lit up with dreams to “MAGA” – Make Alibaba Great Again. Now, the company...
US: Wall Street opens higher as Fed meeting week begins; Tesla climbs
[NEW YORK] Wall Street indexes opened slightly higher on Monday (Sep 15), setting the stage for a week dominated by the Federal Reserve’s policy meeting, while Tesla shares gained...
Whether it’s one rate cut or more, Fed’s Powell likely to act with caution as inflation stays high
US central bank expected to cut rates by 25 basis points to a range of between 4% and 4.25 % this weekA US Federal Reserve rate cut this week...
Fading Labubu frenzy wipes US$13 billion from Pop Mart shares
Despite the slide, the Chinese toymaker is still up more than 180% year-to-date and remains the top performer on the Hang Seng Index[HONG KONG] The cooling frenzy over Labubu...
Taiwan insurers may boost FX hedging to protect foreign assets
Wagers on local dollar gains, along with stronger demand for protection, can drive up non-deliverable forward premiums[TAIPEI] Taiwan’s life insurers look set to lift their currency hedging from near...
SGX’s new index needs clear differentiators to avoid being ‘just another index’, say analysts
While it can raise the profile of larger non-STI stocks and attract fund products, analysts call for more clarity on criteria for inclusion[SINGAPORE] Market watchers have floated ideas for...
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...