Entrepreneurship

SK Hynix said to mull options for US$3 billion Chongqing plant
Published Sat, Aug 8, 2026 · 04:25 PM[HONG KONG] South Korea’s SK Hynix is considering options for its Chongqing, China-based facility, including bringing in an investor to help accelerate...
5 takeaways from Singapore banks’ Q2 results – diverging outlooks, China tax rules emerge as new watchpoint
DBS and OCBC upgraded parts of their full-year outlook, while UOB turned more cautious on fees[SINGAPORE] Singapore’s three banks continued to grow their earnings in the second quarter despite...
Insider Selling in Focus as Bezos Files to Sell $4B
Jeff Bezos has filed to sell about $4 billion in Amazon stock, disclosing plans to offload roughly 15 million shares just after the company topped a $3 trillion valuation...
Data Center Energy: A Teen Dropout’s $1B Nuclear Bet
A nuclear startup founded by a teenager just raised one of the year’s boldest rounds, and it lands squarely on the data center energy crisis. Valar Atomics closed a...
Peloton Earnings: First-Ever Profit Holds a Founder Lesson
Peloton closed its 2026 fiscal year with something it had never reported before: a full year of net income. The company shared the milestone in its fiscal 2026 results...
Beijing further relaxes home-buying curbs in property boost bid
Published Fri, Aug 7, 2026 · 10:46 PM[BEIJING] Beijing’s municipal authorities have announced further measures to relax home-buying curbs as they try to prop up flailing home prices in...
Ho Bee Land H1 profit rises 3% to S$51.1 million on higher development sales
Earnings per share are at 7.7 Singapore cents for the half-year, up from 7.5 cents the year before[SINGAPORE] Property developer Ho Bee Land posted a 3 per cent rise...
ST Engineering bags new contracts worth S$2.9 billion in Q2 2026
[SINGAPORE] ST Engineering on Friday (Aug 7) announced that it secured S$2.9 billion in new contracts in the second quarter of 2026.These comprise S$1.2 billion from the commercial aerospace...
Singapore grants approvals to import 900 MW of Malaysian solar power, including from Linggiu Reservoir facility
The awardees are Singapore’s Sembcorp Utilities and a unit of Malaysian developer Ditrolic Energy[SINGAPORE] Singapore’s energy regulator has granted conditional approvals to two companies to import 900 megawatts (MW)...
Agentic Commerce Is Reshaping How Customers Buy
The way people shop online is shifting fast, and agentic commerce sits right at the center of that change. In this model, AI agents research products, compare offers, and...
Singapore’s competition watchdog clears Texas Instruments’ proposed acquisition of Silicon Labs
CCS concludes it will not lead to substantial lessening of competition across global semiconductor markets[SINGAPORE] The Competition and Consumer Commission of Singapore (CCS) has granted clearance for the proposed...
Series B Funding: Convex Raises $57M for AI Backends
Convex has raised a $57 million Series B led by Insight Partners, a bet that AI applications need a rock-solid backend to run on. The August 4 round brings...