Entrepreneurship
VinFast’s quarterly loss widens amid heavy spending on ambitious growth strategy
Published Thu, Sep 4, 2025 · 07:25 PM[HANOI] Vietnamese electric-vehicle maker VinFast on Thursday (Sep 4) reported a wider second-quarter net loss as it stepped up spending on global...
Thousands of Lloyds staff at risk of dismissal in performance overhaul: FT
[LONDON] British lender Lloyds Banking Group will put about 3,000 people deemed among the bottom 5 per cent of performers at risk of dismissal, the Financial Times reported on...
Pertamina seeks US$2.5 billion loan as Indonesia dollar deals rise
The nation’s markets are just recovering after the social unrest, which has subsided, sparked a sell-off in stocks and bondsPublished Thu, Sep 4, 2025 · 01:44 PM[HONG KONG] Indonesia’s...
Blackstone revamps Asia real estate unit as Miyasaki steps down
[HONG KONG] Blackstone is revamping the senior management at its Asia real estate unit as its long-serving head of acquisitions is set to leave, sources familiar with the matter...
Trump’s oldest sons’ American Bitcoin stake worth US$1.5 billion in stock debut
[NEW YORK] A bitcoin company tied to President Donald Trump’s two oldest sons more than doubled in value in its stock market debut on Wednesday, valuing the sons’ stake...
mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect operations
[SINGAPORE] Entertainment company mm2 Asia on Wednesday (Sep 3) said the voluntary liquidation of Cathay Cineplexes is not expected to adversely impact its core businesses or continuing operations. Instead, liquidating...
Big Food goes small: Kraft Heinz bets on simplicity to boost shares
[NEW YORK] Investment bankers had pitched a breakup to Kraft Heinz for years without success, sources said. The company finally agreed to a split when it realised that two...
HSBC AM joins peers with private equity fund targeting wealthy
[LONDON] HSBC Holdings’ asset management (AM) arm is launching a private equity strategy targeting wealthy clients, the latest move by a major investment firm to boost its alternatives offerings...
Malaysia approves 13 large-scale solar projects with capacity of 1,975 megawatts
Published Tue, Sep 2, 2025 · 06:48 PM[KUALA LUMPUR] Malaysia’s government has approved 13 large-scale solar projects with a total capacity of 1,975 megawatts, the energy transition ministry said...
Singapore stocks close higher as STI briefly breaks past 4,300; index up 0.5%
[SINGAPORE] Stocks on the local bourse closed higher on Tuesday (Sep 2) as the Straits Times Index (STI) briefly traded above 4,300 points for the first time. The new...
