Entrepreneurship
Thailand’s richest man picks bad day to debut his flagship firm
[BANGKOK] Thailand’s richest man may have picked a bad day for his newly forged flagship company, Gulf Development, to begin trading.The company, created by merging billionaire Sarath Ratanavadi’s Gulf...
Tariff loophole that helped Temu, Shein will close May 2
[SEATTLE] De minimis tariff exemptions, which currently allow packages worth as much as US$800 from China and Hong Kong to enter the US duty-free, will end on May 2,...
OCBC prices 500 million euro bonds due 2028 at 2.481%
[SINGAPORE] OCBC said on Thursday (Apr 3) that it has priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered bonds will bear interest at...
Stocks to watch: OCBC, Stoneweg E-Reit
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Thursday (Apr 3): OCBC: The bank announced on Apr 2 that it plans to...
Oracle tells clients of second recent hack, log-in data stolen
[NEW YORK] Oracle has told customers that a hacker broke into a computer system and stole old client log-in credentials, according to two sources familiar with the matter. It’s...
Oil prices fall into negative territory as Trump announces new tariffs
[NEW YORK] Oil prices fell to negative territory after rising by a US dollar in post-settlement trade on Wednesday (Apr 2) as US President Donald Trump announced reciprocal tariffs...
M&A Process: Mastering Due Diligence in Every Acquisition
Are you currently about to embark on a merger or acquisition journey? Congratulations! It’s a thrilling ride that can shape the future of your business. But hold your horses...
Grab’s new Singapore taxi licence approved as it will need to grow its business organically: regulators
[SINGAPORE] Ride-hail and delivery giant Grab’s entry into the taxi sector was approved because it intends to start a new taxi fleet rather than acquire an existing one, regulators...
Goldman is opening up private equity deals to rich individuals
[NEW YORK] Goldman Sachs Group is expanding its private equity offering to wealthy individuals across Wall Street and beyond, in the latest sign of investment firms gradually broadening access...
Xiaomi shares extend losses as police investigate EV accident
[HONG KONG] Xiaomi shares suffered another sell-off on Wednesday (Apr 2), signalling unabated investor concerns after Chinese police launched a probe into a deadly accident that involved one of...
