Entrepreneurship
Singapore stocks rise after US court blocks Trump’s tariffs; STI up 0.1%
[SINGAPORE] Singapore stocks ended higher on Thursday (May 29), after a US trade court on Wednesday blocked US President Donald Trump’s “Liberation Day” tariffs from going into effect.In Singapore,...
NTT Docomo to buy SBI’s online bank for 420 billion yen in cut-throat market
[TOKYO] NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese mobile carrier’s financial offerings in a hyper-competitive...
Phillip Securities initiates coverage on dividend-focused Reit ETF trading at ‘attractive’ valuation
[SINGAPORE] Phillip Securities Research has initiated coverage on the Phillip SGX APAC Dividend Leaders REIT ETF (Pareits) with an “accumulate” call and a target price of S$1.095.In a report...
Sony says spinoff will give financial arm its own fundraising capabilities
It is the first partial spinoff by a company in Japan with a direct listing – the first in Japan in more than two decades – set for Sep...
As listcos head for the door, are private markets the answer for investors?
[SINGAPORE] Private markets have grown increasingly popular in recent times in South-east Asia, with Singapore accounting for 45 per cent of the private equity market in deal value and...
Aramco will keep borrowing, CEO says, as oil slump cuts cashflow
[DUBAI] Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised...
Vietnam’s AI ambitions hinge on one US$6.8 billion tech company
[HANOI] Four decades ago, Truong Gia Binh set up a technology company using a single computer in a room loaned by his then-father-in-law, general Vo Nguyen Giap, revered for...
Meta AI bot used a billion times monthly: Mark Zuckerberg
[SAN FRANCISCO] Meta chief Mark Zuckerberg touted the tech firm’s generative artificial intelligence (Gen AI) assistant on Wednesday, telling shareholders it is used by a billion people each month...
Sembcorp unit wins solar energy project to supply power in India
[SINGAPORE] Sembcorp Industries’ wholly owned renewables subsidiary, Sembcorp Green Infra, was awarded a build-own-operate solar energy storage hybrid project by SJVN, an Indian state-owned power company. Sembcorp Green Infra...
Singapore’s STI, Asia markets rise after US court blocks Trump’s reciprocal tariffs
[SINGAPORE] Singapore stocks rose on Thursday (May 29) morning, after a US trade court on Wednesday blocked US President Donald Trump’s “Liberation Day” tariffs from going into effect.As at...
