Entrepreneurship

US auto sales lose steam after tariff-induced shopping spree
[MICHIGAN] US auto sales are losing momentum after a springtime surge fuelled by shoppers racing to buy cars before US President Donald Trump’s auto tariffs drove up prices.General Motors...
What Florida Car Buyers Must Know Before Signing Anything
Buying a car in Florida can be an exciting milestone, but it’s also a financial trap for the unprepared. The Sunshine State has its own set of rules, dealership...
US: S&P 500, Nasdaq dip from record highs with Trump tax bill in focus
Published Tue, Jul 1, 2025 · 10:03 PMTHE S&P 500 and Nasdaq indexes opened lower on Tuesday (Jul 1), after touching record highs a day earlier, as investors monitored...
AI, power, and longevity to drive next decade of transformational innovation: UBS
[SINGAPORE] Investors should consider allocating part of their portfolios to transformational innovation as a way to diversify risks in an increasingly volatile world, said Ulrike Hoffmann-Burchardi, chief investment officer...
Trump is ‘fast forwarding’ the inevitable future of a multipolar world: George Yeo
[SINGAPORE] US President Donald Trump may be at the centre of several global events today, but he did not create the increasingly multipolar world – he is merely fast-forwarding...
Singapore shares move in tandem with Wall Street rally
[SINGAPORE] Buoyed by the overnight Wall Street rally, Singapore shares rose on Tuesday (Jul 1), with about the top one-third counters by weighting among the blue-chip-gauge Straits Times Index...
Two Chinese chip firms plan 12 billion yuan IPOs, bet US export curbs to spur growth
[BEIJING] Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (S$2.1 billion) in initial public offerings, hoping US curbs on advanced chip sales...
Chip-design firm SkyeChip is close to a Malaysian IPO, CEO says
Published Tue, Jul 1, 2025 · 03:51 PM[KUALA LUMPUR] Malaysian semiconductor designer SkyeChip is “close” to an initial public offering after posting consecutive years of revenue and profit growth,...
Liquidators file legal proceedings against Standard Chartered Bank over 1MDB fraud
Published Tue, Jul 1, 2025 · 01:49 PM[KUALA LUMPUR] Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1MDB have initiated legal proceedings against Standard Chartered Bank...
Standard Chartered Bank faces US$2.7 billion lawsuit over alleged role in 1MDB fraud
The move is the latest in a wide-ranging effort to recover money belonging to 1Malaysia Development BerhadPublished Tue, Jul 1, 2025 · 01:49 PM — Updated Tue, Jul 1,...
Chinese money fires up Hong Kong shares
[SHANGHAI/HONG KONG] Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in China’s growing rivalry with the United States.A record US$90...
Asia: Stocks rise on trade deal hopes, Tokyo hit by tariff warning
[HONG KONG] Asian stocks rose on Tuesday amid optimism countries will strike US trade deals, though Tokyo’s Nikkei sank after Donald Trump threatened to impose a fresh tariff rate...