Entrepreneurship

Couche-Tard’s failed bid for Seven & i sparks debate over Japan
[TOKYO] Alimentation Couche-Tard’s decision to walk away in frustration from an attempted acquisition of Seven & i Holdings set off a debate in Tokyo as to what lessons foreign...
Gold heads for weekly dip as strong dollar, US data weighs
[BENGALURU] Gold was flat in early Asian trade on Friday (Jul 18), heading for a weekly fall, weighed down by an overall stronger US dollar and solid US economic...
China threatens to block Panama ports deal unless its shipping giant gets stake: report
Chinese officials have told BlackRock, MSC and Hutchison that if Cosco is left out of the deal, Beijing would take steps to block Hutchison’s proposed sale of the portsPublished...
Stocks to watch: OCBC, Singtel, Wilmar, Food Empire, Telechoice
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jul 18):  OCBC, Singtel: The bank will partner the three local universities on...
Wells Fargo suspends China travel after employee exit ban: source
[NEW YORK] Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source familiar with the matter told Reuters on Thursday...
Oil jumps US$1 after further drone attacks on Iraq oil fields
[HOUSTON] Oil prices rose US$1 on Thursday (Jul 16) after drones struck Iraqi Kurdistan oil fields for a fourth day, pointing to continued risk in the volatile region.Brent crude...
The Unexpected Invitation to Push Beyond My Limits
There I was, wrapped in a Mylar space blanket, shivering and drooling after what I thought was the most challenging physical feat of my life. I had just completed...
Samsung chairman Lee’s long legal saga ends with acquittal
[SEOUL] Samsung Electronics executive chairman Lee Jae-yong was cleared of all charges related to accounting fraud and stock manipulation by South Korea’s Supreme Court, marking a major legal victory...
No let-up in India’s private market boom as investors continue to shun China
[SINGAPORE] A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s biggest...
Julius Baer seeks to cut bonuses of bankers with risky books: sources
The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for growth after a string of misstepsPublished Thu, Jul 17,...
TSMC posts record quarterly profit on AI demand, but cautious on tariff impact
[TAIPEI] Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record, forecast-beating quarterly profit on Thursday (Jul 17) but warned that future...
Latest Singapore six-month T-bill cut-off yield down at 1.79%
This is the ninth consecutive issuance since Mar 26 for which yields have declined[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 1.79 per cent,...