Entrepreneurship

Private-bank onboarding time still a sticking point despite Singapore’s push for speed
Complex source-of-wealth checks can take months, but banks say straightforward cases take much less time[SINGAPORE] The drawn-out process of private-bank onboarding remains a key bottleneck for Singapore’s wealthy, industry...
Asian refiners resist Saudi Aramco request to load oil at Red Sea port amid Houthi threat
Most processors in China, Taiwan and India were asked to collect their oil from YanbuPublished Mon, Aug 17, 2026 · 03:26 PMSOME Asian refiners are pushing back against Saudi...
‘Dim sum’, ‘panda’, ‘kangaroo’: Why foreign borrowers are flocking to Asia-Pacific bond markets
Chinese onshore “panda” and offshore “dim sum” yuan bond sales reached record highs of in the first halfPublished Mon, Aug 17, 2026 · 12:07 PM[LONDON/SYDNEY/HONG KONG] Foreign borrowers are...
Australia shares fall after NAB results offset miners, Middle East tensions drag
Published Mon, Aug 17, 2026 · 10:20 AMAUSTRALIAN shares fell on Monday (Aug 17) as a slew of weaker earnings, including those of NAB and JB Hi-Fi, overshadowed gains...
Alibaba said to be selling gaming arm for US$1.5 billion in boost to AI pivot
Published Mon, Aug 17, 2026 · 10:18 AMALIBABA Group Holding is selling its gaming arm in a deal worth at least US$1.5 billion that will boost the Chinese e-commerce...
Thai baht rally may fade on dovish central bank, analysts say
The currency has strengthened 0.9% so far in August, ranking as the second-best performer among South-east Asian peersPublished Mon, Aug 17, 2026 · 10:12 AM[SINGAPORE] A nascent rally in...
National Australia Bank’s Q3 cash earnings rise as lower impairments offset slower home lending
It posted cash earnings of A$1.83 billion (US$1.30 billion) for the three months ended Jun 30Published Mon, Aug 17, 2026 · 08:17 AMNATIONAL Australia Bank reported a slight increase...
How Singapore investors are using brokerage AI tools to analyse portfolios, gain insights
These features help investors digest news, analyse earnings data and gain portfolio insights[SINGAPORE] More Singapore users at Moomoo, Tiger Brokers and Longbridge are tapping artificial intelligence to help them interpret...
UOB’s digital wealth sales, transactions jump almost 50% as clients invest more online
The average lump-sum investment among young adults is now about S$4,000; among young professionals, it almost S$8,000[SINGAPORE] UOB’s digital wealth sales and transactions grew close to 50 per cent...
Europe’s heat-parched land poses risks for next year’s crops
Grain acreage in the continent has already fallen gradually over the last 25 yearsPARCHED soil and scorching heat are threatening Europe’s fall planting season, heightening risks to global food...
Stripe clinches over US$7 billion deal to buy AI firm OpenRouter
Published Mon, Aug 17, 2026 · 06:39 AMSTRIPE has finalised an agreement to acquire OpenRouter, a startup that helps companies switch between artificial intelligence models, for more than US$7...
Alibaba’s Qwen hits 3 billion downloads, outpacing China and US AI rivals
Download and derivative-model figures are one measure of influence in the US-China AI racePublished Sun, Aug 16, 2026 · 04:41 PMALIBABA Group Holding’s open-weight models have accumulated more than...