Entrepreneurship

BYD shares extend losses as price cuts throw spotlight on sales
[HONG KONG] BYD shares extended losses in Hong Kong trading on Tuesday (May 27) – taking their two-day slide to more than 10 per cent – as last week’s...
Tesla misses out on European EV growth as Model Y fails to revive sales
[GDANSK] Tesla’s sales in Europe fell 49 per cent in April from a year earlier, even though battery-electric car sales rose 27.8 per cent, as the US EV maker’s...
Gold edges higher as dollar dips, US fiscal worries mount
Published Tue, May 27, 2025 · 09:54 AM[BENGALURU] Gold prices edged up on Tuesday (May 27), supported by a weaker US dollar and concerns over the US fiscal outlook,...
Japanese bonds yields fall ahead of test at 40-year auction
[TOKYO] Yields on Japanese super-long bonds fell ahead of an auction on Wednesday (May 28) that is expected to test demand following a recent sale that sent jitters through...
Trump Media to raise US$3 billion to spend on cryptocurrencies: report
The company behind Truth Social, a streaming and social media platform, has been exploring potential mergers and acquisitions as it aims to diversify into financial servicesPublished Tue, May 27,...
Oil steadies after Trump extends EU trade talks deadline
[CALGARY] Oil prices steadied on Monday after US President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about US tariffs on the bloc that...
Europe: Stocks recover after Trump delays EU tariffs in hopes of deal
EUROPEAN shares kicked off the week on a positive note on Monday, recouping the previous session’s losses, as markets heaved a sigh of relief after US President Donald Trump delayed...
Bukit Sembawang Estates H2 FY2025 earnings up 13% at S$51.4 million
[SINGAPORE] Property developer Bukit Sembawang Estates reported a net profit after tax of S$51.4 million for the second half of its financial year ending Mar 31, a 13 per...
Sembcorp Industries enters agreement to explore exporting clean energy from Vietnam
[SINGAPORE] Energy company Sembcorp Industries’ subsidiary, Sembcorp Utilities, has entered into an agreement with several of its counterparts in South-east Asia to explore exporting renewable energy from Vietnam into...
HKBN CEO says China Mobile’s HK$7.8 billion offer not good enough, open to more bidders
[HONG KONG] China Mobile’s HK$7.8 billion (S$1.3 billion) takeover offer for broadband operator HKBN is not good enough and the Hong Kong-based company is open to engage with more...
Volvo Cars to cut 3,000 jobs in restructuring
The reductions will primarily affect office-based positions in Sweden and represent around 15% of the total office-based workforce globallyPublished Mon, May 26, 2025 · 07:53 PM[STOCKHOLM] Sweden-based Volvo Cars...
Chinese EV stocks tumble after BYD slashes prices as much as 34%
[HONG KONG] BYD led Chinese electric vehicle stocks lower in Hong Kong on Monday (May 26), as investors digested the auto giant’s sweeping price cuts of as much as...