Entrepreneurship

Equities climb on Fed rate cut optimism, Boeing surges
[NEW YORK] US stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday (Dec 2), buoyed by gains in technology shares as expectations...
European shares little changed; Bayer surges on Trump administration backing
[BENGALURU] European shares struggled to find direction on Tuesday (Dec 2) as caution lingered in the wake of the previous day’s losses, while Bayer rocketed on the US administration’s...
Top 6 Logistics and Transportation Companies in North America for Oversized and Heavy Haul Freight
When it comes to moving massive cargoes, think industrial machinery, wind turbine parts, or construction equipment, oversized freight shipping isn’t just about loading a truck and hitting the road....
Temasek-backed Xora Innovation leads US$36 million Series A funding in Vinci
[SINGAPORE] Vinci, the brain behind a physics-driven artificial intelligence (AI) platform for hardware design and simulation, raised US$46 million in seed and Series A funding, it said on Tuesday...
OpenAI declares ChatGPT ‘code red’ over stiff competition: report
CEO Altman says resources must be devoted to fending off the new competition to its chatbot[WASHINGTON] OpenAI CEO Sam Altman has declared a company-wide “code red” as its ChatGPT...
Malaysia’s Felda, FGV say Terengganu land spat could disrupt operations
They were issued an order by Terengganu state to vacate palm oil plantation land there[KUALA LUMPUR] Malaysia’s Federal Land Development Authority (Felda) and its commercial arm FGV Holdings said...
Danish ISS shares plunge on concerns over its role in deadly Hong Kong apartment fire
[STOCKHOLM] ISS shares slumped in Copenhagen amid concerns over the Danish company’s role in the renovation of a Hong Kong apartment fire where a deadly fire broke out on...
Taiwan charges Tokyo Electron’s Taiwan unit in TSMC trade secrets case
[TAIPEI] Taiwan prosecutors said on Tuesday (Dec 2) they had charged Tokyo Electron’s Taiwan unit with violating the National Security Act and the Trade Secrets Act after a former...
Ex-director and founder of Agritrade International charged with cheating investment platform
[SINGAPORE] The founder and former director of Agritrade International Pte Ltd (AIPL) Ng Say Pek was, on Tuesday (Dec 2), charged in court with 10 counts of cheating, under...
Saudi National Bank’s US$1 billion loan adds to Middle East spree
[RIYADH] Saudi National Bank is seeking a US$1 billion syndicated loan, continuing a borrowing rush by the kingdom’s lenders that are helping finance a US$2 trillion economic overhaul.DBS Bank...
Apac PE executives are the least fazed by geopolitical uncertainty in dealmaking: report
[SINGAPORE] Private equity (PE) executives in the Asia-Pacific are the least fazed by geopolitical uncertainty when it comes to making deals, compared with their counterparts in other parts of...
Outspoken short seller Michael Burry shorts Tesla over valuation and Musk pay plan, Fortune says
[NEW YORK] Michael Burry has bet against the shares of Tesla, saying they are “ridiculously overvalued” and warning that founder Elon Musk’s proposed US$1 trillion pay package would worsen...