Entrepreneurship

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...
China’s AI chip boom fuels rallies in Cambricon, Alibaba shares
The mainland’s chip-focused gauge, better known as Star50, now trades at 57 times forward earnings, above its five-year average of 41[HONG KONG] Chip manufacturers and cloud stocks are among...
French wine production hit by summer heat waves and wildfires
Output is projected to be 37.4 million hectolitres, down from an August estimate of as much as 42.5 million hectolitres[PARIS] France expects 2025 wine production to drop below the...
How does Tesla get to US$8.5 trillion value? Robots, robotaxis and hope
[SAN FRANCISCO] How can Tesla become an US$8.5 trillion company? That is the market valuation the electric vehicle maker would have to reach to justify CEO Elon Musk’s new...
CIMB Singapore CEO Victor Lee resigns; placed on gardening leave with immediate effect
The bank says it will announce its successors in due course; CFO to take charge in interim[SINGAPORE] Victor Lee has resigned from his roles as chief executive officer of...