Entrepreneurship

G7 set to discuss joint response to China curbs on rare earths
October 16, 2025
The latest spat between the world’s two largest economies has rattled markets in recent days[WASHINGTON] Finance chiefs from the Group of Seven (G7) industrial nations will consider a joint...
SGX launches Indonesia depository receipts featuring blue-chip listcos
October 15, 2025
The bourse, which currently has 26 depository receipts listed, plans to expand its offerings to include Vietnam companies next year[SINGAPORE] Local investors can now gain simplified access to three...
LVMH surges to biggest daily jump in 20 years as China demand sparks US$80 billion luxury rally
October 15, 2025
The strong sales figures surprise investors and are expected to sustain momentum in luxury stocks[PARIS/LONDON] LVMH shares had their best day in over two decades on Wednesday (Oct 15)...
Temasek-backed US fintech firm iCapital to expand Singapore, Hong Kong operations
October 15, 2025
It also plans to open its first office in Australia to ride the wave of rising demand for alternative assets[SINGAPORE] iCapital, a Temasek-backed fintech platform focusing on alternative investments,...
Asia: Markets rally as Fed cut hopes Trump trade war fears
October 15, 2025
STOCKS jumped on Wednesday as trade war fears were overshadowed by comments from Federal Reserve boss Jerome Powell that suggested the bank would cut interest rates again this month.After...
Singapore’s GIC seeks redemption from Jefferies’ Point Bonita
October 14, 2025
Other investors seeking redemptions include BlackRock, Morgan Stanley’s asset-management arm and Texas Treasury Safekeeping Trust[NEW YORK] Singapore’s sovereign wealth fund asked to pull some cash from a Jefferies Financial...
Walmart partners with OpenAI to offer shopping on ChatGPT
October 14, 2025
The firms are jointly creating a certification programme to train employees on effectively using AI at work[CHICAGO] Walmart is teaming up with OpenAI to enable shoppers to browse and...
JPMorgan lifts interest income forecast after profit beats estimates
October 14, 2025
[BENGALURU / NEW YORK] JPMorgan Chase raised its full-year forecast for net interest income (NII) on Tuesday (Oct 14), after strong performance in its trading and investment banking businesses...
Broadcom to launch new networking chip, as battle with Nvidia intensifies
October 14, 2025
The Thor Ultra will rival Nvidia’s chips and strengthen Broadcom’s dominance in AI data centre networking[SAN FRANCISCO] Broadcom is launching a new networking chip on Tuesday (Oct 14) that...
Samsung plans bonuses tied to share price in major pay overhaul
October 14, 2025
The move underscores the firm’s effort to address growing dissatisfaction within the ranks[SEOUL] Samsung Electronics is awarding shares and bonuses based on stock price to rank-and-file employees for the...
Yen is being hammered; can the Japanese currency recover against Singdollar and greenback?
October 14, 2025
Despite the sharp sell-off, the currency could be poised to strengthen in the medium to long term[SINGAPORE] The yen has weakened dramatically over the past week, tumbling against the...
US: Wall Street ends sharply higher on Trump China comments; Broadcom surges
October 13, 2025
The S&P 500 has posted seven new highs and 14 new lows; the Nasdaq recorded 91 new highs and 120 new lows[BENGALURU] Wall Street’s main indexes ended sharply higher...