Entrepreneurship
Musk will reduce political spending, committed to being Tesla CEO in 5 years’ time
[DOHA] Elon Musk said he plans to significantly cut political spending and is committed to staying on as Tesla’s CEO for another five years, aiming to address concerns about...
You’ve Been Writing Emails Wrong This Whole Time (Here’s the Simple Fix)
I’ve noticed a strange phenomenon in business communication. When people sit down to write an email, they suddenly transform into formal, academic writers crafting five-paragraph essays complete with thesis...
UBS to open Abu Dhabi office as more clients move to Mideast
Abu Dhabi has emerged as a magnet for the world’s wealthiest people over the past few yearsPublished Tue, May 20, 2025 · 10:07 PM[ABU DHABI] UBS Group is opening...
Delfi’s Q1 Ebitda down 27.2% on weaker regional currencies, trade tensions
[SINGAPORE] Chocolate confectioner Delfi ran up a 27.2 per cent drop in earnings before interest, taxes, depreciation and amortisation (Ebitda) to US$17 million in the first quarter ended Mar...
SLB Development shareholders okay privatisation offer from Lian Beng’s Ong family
[SINGAPORE] Shareholders of SLB Development approved the scheme resolution proposed by Lian Beng Group’s board of directors – which comprises the controlling Ong family – to acquire and privatise...
Singapore shares rise amid Wall Street’s overnight gain; STI up 0.2%
Across the broader market, decliners trail gainers 195 to 263, after one billion securities worth S$1 billion change hands[SINGAPORE] Singapore shares rose on Tuesday (May 20), after Wall Street...
Thai banks’ bad loans rise to 2.9% in Q1
Published Tue, May 20, 2025 · 04:21 PM[BANGKOK] Thai banks’ non-performing loans rose to 2.90 per cent of outstanding loans at the end of March from 2.78 per cent...
Australia’s central bank cuts rates to two-year low of 3.85%
[SYDNEY] Australia’s central bank on Tuesday (May 20) cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and...
Japan PM hits out at farm minister over free rice claim
[TOKYO] Japanese Prime Minister Shigeru Ishiba on Tuesday reprimanded the farm minister for claiming he never buys rice because he gets it free, provoking the ire of consumers facing soaring...
China banks cut deposit rates to aid margins, drive spending
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend more amid a flagging economy.Lenders including the Industrial...
