Entrepreneurship
Low-cost carriers hit hardest by US travel demand slump
[CHICAGO] A slump in travel demand due to President Donald Trump’s trade war has left all US airlines reeling, but the pain is most acute at budget carriers.
Southwest, Frontier...
Amara appoints W Capital Markets as IFA for offer from Hwa Hong-led consortium
[SINGAPORE] Hotel group Amara on Wednesday (May 7) said it has appointed W Capital Markets as its independent financial adviser as it considers a voluntary conditional general offer from...
Singapore’s aviation sector a ‘bright spot’ as air passenger traffic hits record 68.4 million: Chee Hong Tat
[SINGAPORE] With air passenger traffic reaching an all-time high of 68.4 million for the year ended March 2025, the Republic’s aviation industry remains a bright spot amid global turbulence...
Electronic Health Records: The Digital Switch
Switching to electronic health records (EHR) can feel like a huge leap for many healthcare practices. It’s not just about going digital; it’s about changing the entire way you...
Push to allow Norway’s wealth fund to invest in defence companies falters
[OSLO] Opposition efforts to allow Norway’s US$1.8 trillion wealth fund, the world’s largest, to invest in large defence companies appear to be faltering, according to lawmakers involved in the...
BMW sticks to 2025 outlook, but warns US tariffs will bite this quarter
Most of BMW’s rivals, including Mercedes-Benz, Ford and Stellantis, have all pulled their 2025 forecastsPublished Wed, May 7, 2025 · 03:18 PM[FRANKFURT] German premium carmaker BMW on Wednesday (May...
Temu, Shein see US sales drop in week after tariff price hikes
[NEW YORK] Shein Group and Temu saw double-digit sales declines in the week after they raised retail prices to cover the costs of increased US tariffs, an initial sign...
Hong Kong dollar interest rate falls most since 2008 after intervention
[NEW YORK] The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg helped boost liquidity in the financial...
UOB not ‘overly alarmed’ by US tariff situation, impact unlikely to match Covid-era: Wee Ee Cheong
[SINGAPORE] A strong balance sheet and capital base will help UOB navigate uncertainties arising from US tariffs, said deputy chairman and chief executive officer Wee Ee Cheong. Speaking at...
Asia: Stocks rise as China-US trade talks boost optimism
[HONG KONG] Asian equities rose on Wednesday after China and the United States said they would hold trade talks at the weekend, fanning optimism that the superpowers can row...
