Entrepreneurship
Alibaba Cloud launches global AI innovation hub in Singapore, two data centres in Malaysia, Philippines
[SINGAPORE] Alibaba’s cloud computing arm on Wednesday (Jul 2) launched a global artificial intelligence (AI) innovation hub in Singapore, which will support over 5,000 businesses and 100,000 developers globally....
Asian CFOs brace for downturn, but eye expansion: survey
[SINGAPORE] More than eight in 10 Asian chief financial officers (CFOs) expect the global economy to worsen in the coming months – a markedly more pessimistic view than their...
Stoneweg Icona data centre fund rebranded to AiOnX; adds fifth asset in UK
[SINGAPORE] The trustee-manager of Stoneweg European Business Trust announced on Wednesday (Jul 2) that SWI Group, the sponsor of Stoneweg Europe Stapled Trust (Sert), has added a fifth data...
MMC Port moves closer to launching Malaysia’s biggest IPO in 13 years
The port operator will not receive any proceeds from the initial public offering, but it is upbeat about its financial strengthPublished Wed, Jul 2, 2025 · 12:15 PM[SINGAPORE] Port...
Alibaba expands AI cloud services in Malaysia, Philippines
The company will accelerate the buildout of its global cloud network in China, Japan, South Korea, South-east Asia, the Middle East, Europe and Americas over the next three years,...
Yangzijiang Financial rises over 6% after update on maritime subsidiary incorporation
[SINGAPORE] Shares of Yangzijiang (YZJ) Financial rose by more than 6 per cent on Wednesday (Jul 2) morning, following an update by the group on its incorporation of YZJ...
Intel’s new CEO explores big shift in chip manufacturing business
[SAN FRANCISCO] Intel’s new chief executive is exploring a big change to its contract manufacturing business to win major customers, two sources familiar with the matter told Reuters, in...
Toyota delays EV plans to boost petrol-fuelled SUV output
[DETROIT] Toyota Motor is tapping the brakes on plans to build electric vehicles (EVs) in the US to free up manufacturing capacity for a popular petrol-powered SUV.The Japanese automaker...
YZJ Financial incorporates YZJ Maritime Development as subsidiary at issued and paid-up share capital of US$100
[SINGAPORE] Yangzijiang Financial released an update on Wednesday (Jul 2) that its proposed spin-off company Yangzijiang (YZJ) Maritime Development has been incorporated as a wholly owned subsidiary in Singapore.It...
Qantas says hit by ‘significant’ cyberattack
Published Wed, Jul 2, 2025 · 08:59 AM[SYDNEY] Australian airline Qantas said on Wednesday it was investigating a “significant” cyberattack, after hackers infiltrated a system containing sensitive data on...
