Entrepreneurship
OCBC’s shares hit record as wealth unit shines
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago[SINGAPORE] OCBC shares hit a fresh record on Tuesday (Dec 2) as the...
Indonesia assigns US$1 billion to Brics-led New Development Bank
[JAKARTA] Indonesia will assign US$1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations.The country expects its contribution to help fund sustainable...
Genting’s New York casino licence buffers risks in Malaysia
The licence comes as the company’s Malaysia casino faces constraints amid local political headwinds[KUALA LUMPUR] Genting Group won a coveted New York City casino licence that will allow the...
Samsung debuts its first trifold months ahead of folding iPhone
The company has outfitted the TriFold with its suite of Galaxy AI software features[NEW YORK] Samsung Electronics unveiled its first so-called trifold smartphone, flaunting its engineering prowess in foldable...
Danantara’s US$1.4 billion Garuda play emerges as key reform test
The 76-year-old airline is a major employer and a key mode of transport for the country[JAKARTA] Indonesian sovereign wealth fund Danantara’s growing momentum in state-firm restructuring is putting fresh...
Stocks to watch: UOB, Nio, Sanli
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 2): UOB : The bank announced on Tuesday announced on Tuesday that...
Shein probed by Texas attorney general over labour practices, product safety
The company is headquartered in Singapore but sources most of its products from China, where it has several thousand suppliers[NEW YORK] Texas Attorney General Ken Paxton said on Monday...
European shares kick off December on negative note; Airbus slides
[BENGALURU] European shares ended lower on Monday (Dec 1), with defence and Airbus-led industrial stocks weighing heavily on the main index, kicking off the new month on a cautious...
JPMorgan doubles Swiss business by targeting wealthy clients
[ZURICH] JPMorgan doubled its Swiss domestic private banking business between 2020 and 2024 and aims to do so again by 2030 as it targets the country’s wealthiest people, a...
China’s slow-motion stock rally starts to win investor trust
Blue-chip index CSI300 has matched the S&P 500 with a roughly 16% year-to-date gain[SINGAPORE/SHANGHAI] Fund managers are picking Chinese industrial stocks and holding volatile tech shares, betting a two-year-old...
