Entrepreneurship

Asia: Stocks mixed as traders shrug at US-Vietnam trade deal
[HONG KONG] Stocks struggled in Asia on Thursday as investors gave a lukewarm reception to the US-Vietnam trade deal, while the dollar eased ahead of key US jobs data that...
BOJ should resume rate hikes after pause, board member Takata says
Published Thu, Jul 3, 2025 · 10:51 AM[TOKYO] Bank of Japan board member Hajime Takata said on Thursday the central bank should resume interest rate hikes following a temporary...
Seatrium secures floating storage regasification unit project from energy company Kinetics
It is set to commence in the third quarter of 2025 and involves the conversion of a liquefied natural gas carrier into an FSRU [SINGAPORE] Seatrium has secured a...
Gold falls after US-Vietnam trade deal; US payroll data eyed
[BENGALURU] Gold prices declined on Thursday (Jul 3) after a US-Vietnam trade deal eased tensions, while investors awaited the US payroll data later in the day for clues about...
Addvalue Technologies bags new orders worth US$1.46 million for advanced digital radio-related business
They are for the supply of the company’s proprietary highly compact software defined radio modules to customers in the defence technology industry[SINGAPORE] Satellite-based communication solutions company Addvalue Technologies announced...
Oracle, OpenAI expand Stargate deal for more US data centres
[NEW YORK] OpenAI has agreed to rent a massive amount of computing power from Oracle data centres as part of its Stargate initiative, underscoring the intense requirements for cutting-edge...
Why Hawkfest Will Be the Must-Attend Event This Year
The buzz is building, and I can feel the excitement growing daily. Hawkfest is coming, and based on current demand, we’re definitely going to need a bigger island. This...
Oil prices jump 3% as Iran suspends cooperation with UN nuclear watchdog
[NEW YORK] Oil prices rose 3 per cent on Wednesday as Iran suspended cooperation with the UN nuclear watchdog and the US and Vietnam reached a trade deal, but a surprise...
Microsoft begins deep job cuts across Xbox division
[NEW YORK] Microsoft’s gaming division began informing employees of job cuts on Wednesday (Jul 2) morning, part of a broader culling at the software company as it seeks to...
Microsoft to cut about 9000 jobs amid hefty AI bets
[NEW YORK] Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job cuts...
Schroders picks Singapore for global digital assets hub
[SINGAPORE] International investment manager Schroders has chosen Singapore as the base for its new Global Digital Assets Centre of Excellence.The centre will focus on applying tokenisation – which is...
UOL leads STI to record high of 4,010.77
The index closes 0.5% higher while across the broader market, gainers beat decliners 302 to 186 after 1.3 billion securities worth S$1.5 billion were transacted[SINGAPORE] Singapore’s benchmark index reached...