Entrepreneurship
Keppel eyes better market valuation as it sheds ‘conglomerate discount’
[SINGAPORE] Global asset manager Keppel is eyeing a better valuation from the market, as the company sheds the “conglomerate discount” with its ongoing transformation, said chief executive Loh Chin...
From AI to ESG: Keppel CEO Loh Chin Hua’s take on the big trends
He sees a ‘very bright’ future for the company, in that its strengths have positioned it to succeed, even amid climate, energy and digitalisation challenges[SINGAPORE] Loh Chin Hua has...
Nio to raise HK$4 billion from equity placement to fund R&D
[SINGAPORE] Chinese electric vehicle (EV) maker Nio on Thursday (Mar 27) announced plans to raise HK$4 billion (S$688 million) through a share placement for the research and development (R&D)...
LLC Benefits: Why Everyone’s Talking About Them
If you’re thinking about starting a business, you’ve probably heard a lot about LLCs, or limited liability companies. They’re becoming a hot topic, and for good reason. An LLC...
US: Wall St opens lower as Trump’s auto tariffs sap sentiment
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Mar 27), as President Donald Trump’s latest tariff gambit sent auto stocks into a tailspin, while investors sifted through...
Meta’s Asia-Pacific chief quits after a decade-long growth spurt
[HONG KONG] Meta Platforms is losing its senior-most business executive for the Asia-Pacific, an industry veteran who shepherded some of the social media company’s largest international markets over a...
SingPost completes A$1 billion sale of Australian logistics business
The divestment generated A$781.5 million in gross proceeds and an estimated gain of S$289.5 million[SINGAPORE] Singapore Post (SingPost) said on Thursday (Mar 27) that it has completed the divestment...
STI hits new high on Thursday, closes up 0.5% amid mixed regional trading
[SINGAPORE] Singapore stocks extended the week’s gains to end higher on Thursday (Mar 27), with the Straits Times Index (STI) hitting a new high earlier in the day.The STI...
Singapore fund inflows surge 167% to S$7.6 billion for 2024: Morningstar
[SINGAPORE] Total net inflows into Singapore-registered funds hit S$7.6 billion for 2024, a surge of 167 per cent from S$2.85 billion in 2023, according to a report by financial-services...
BlackRock’s head of Asia-Pacific private credit Celia Yan to leave firm
Her team has deployed over US$200 million in 2024, over US$1.8 billion historically and been able to generate a 16 per cent gross internal rate of return in the...
