Entrepreneurship
Wall Street opens lower as investors assess data, Microsoft falls
[NEW YORK] Wall Street’s main indexes opened lower on Wednesday (Dec 3), as investors assessed data pointing to a weak jobs market, while Microsoft fell after a report said...
Global accounting body IASB consults on new model for assessing bank risks
The model will attempt to replace a transaction-driven view of how banks manage interest rate risks[LONDON] Banks could give investors a clearer view on how they manage risks, such...
Airbus cuts 2025 delivery target after issues with top-selling jet
[PARIS] Airbus cut its 2025 delivery target to around 790 commercial aircraft on Wednesday (Dec 3), 30 fewer than previously expected, but maintained financial goals following a quality issue...
Singapore’s benchmark STI rises for the sixth day, up 0.4%
Across the broader market, decliners beat gainers 297 to 275, after 1.3 billion securities valued at more than S$1.4 billion are transacted[SINGAPORE] Singapore shares rose on Wednesday (Dec 3),...
GXS cuts about 10% of workforce in rightsizing exercise
[SINGAPORE] Digital bank GXS is cutting 82 jobs or about 10 per cent of its workforce across the group.This exercise is part of the group’s transition from the early...
MAS EQDP: Manulife Investment Management launches Singapore all-cap fund strategy
[SINGAPORE] Manulife Investment Management said it will launch a fund strategy with an emphasis on Singapore small and mid caps, shortly after it was appointed among a second batch...
Apple Tap to Pay launches in Singapore, allows merchants to use iPhones as contactless payment terminals
The function also supports contactless credit and debit cards from American Express, JCB, Mastercard, UnionPay and Visa[SINGAPORE] Apple has announced that Tap to Pay on iPhone is now available...
UltraGreen.ai shares jump 10% from IPO price on SGX mainboard trading debut
[SINGAPORE] Shares of UltraGreen.ai surged 10 per cent on Wednesday (Dec 3) morning from its offer price of US$1.45, as the company debuted on the Singapore Exchange’s mainboard. The...
UltraGreen.ai shares up 7.5% at midday on SGX trading debut in largest non-Reit IPO since 2017
After hitting a high of US$1.62 in the morning, it eases to S$1.56 by midday; offer was 13.6 times subscribed[SINGAPORE] UltraGreen.ai surged 12 per cent on Wednesday (Dec 3)...
UltraGreen.ai shares up 7.6% at midday on SGX trading debut in largest non-Reit IPO since 2017
After hitting a high of US$1.62 in the morning, it eases to S$1.56 by midday; offer was 13.6 times subscribed[SINGAPORE] UltraGreen.ai surged 12 per cent on Wednesday (Dec 3)...
