Entrepreneurship
Yangzijiang Shipbuilding down 6.1% amid steep fall in Q1 order wins
The shipbuilder’s Q1 order wins make up just 5% of its US$6 billion target for FY2025 [SINGAPORE] Shares of Chinese vesselmaker Yangzijiang Shibuilding fell on Friday (May 23) as...
Japan pledges immediate rice relief for consumers to prevent shift to foreign brands
[TOKYO] Japan’s new agriculture minister pledged on Friday to quickly move rice from government stockpiles to store shelves where they would be offered at prices significantly lower than current...
Asia: Stocks bounce back after Treasury-led sell-off
[HONG KONG] Asian equities stabilised on Friday following the previous day’s US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump’s signature tax-cutting budget...
Analysts bullish on BYD as it overtakes Tesla
[SINGAPORE] Analysts are getting bullish on BYD as the Chinese automaker’s soaring exports, rising global presence and cost competitiveness signal favourable tailwinds. In a May 16 research note, UOB Kay...
Nomura raises top executives’ pay to highest in over a decade
Published Fri, May 23, 2025 · 09:32 AMNOMURA Holdings increased pay for its top executives to the highest in more than a decade, as Japan’s biggest brokerage posted a...
US Supreme Court says Federal Reserve is unique, easing worries over Trump’s ability to fire Powell
A US Supreme Court ruling on Thursday in a legal battle over President Donald Trump’s firing of two federal labour board members contained a line that eased, for now,...
Redefining Success: Why Winning Isn’t Everything
Growing up as a gymnast, I was conditioned to believe in a simple equation: winning equals success, and anything less equals failure. This black-and-white mindset shaped my early career...
UBS raises S&P 500 year-end target, eyes more gains in 2026
Published Fri, May 23, 2025 · 07:14 AMUBS Global Wealth Management on Thursday raised its year-end target for the S&P 500 to 6,000 from 5,800 and initiated a June...
Europe: Stocks pressured by rising bond yields, weak economic data
EUROPEAN stocks fell on Thursday as concerns over US fiscal health kept Treasury yields elevated, while data showing weak euro zone business activity added to the gloom.The pan-European Stoxx 600 index...
Yangzijiang Shipbuilding order wins dip to US$0.3 billion
This is down from US$3.3 billion in the year-ago period, but vessel deliveries remain on track[SINGAPORE] Marine vessel manufacturer Yangzijiang Shipbuilding reported that its year-to-date order wins for the...
