Entrepreneurship
ASML orders beat expectations after AI spending fuels demand
[LONDON] ASML Holding’s orders in the second quarter beat estimates after the artificial intelligence (AI) boom drove demand for its sophisticated chip-making machines, even as chief executive officer Christophe...
Huawei tops China smartphone market for first time in years
Published Wed, Jul 16, 2025 · 01:29 PM[SINGAPORE] Huawei Technologies took the top spot in China’s smartphone market for the first time in more than four years, a comeback...
Nvidia’s Huang says China’s open-source AI a ‘catalyst for progress’
[BEIJING] Nvidia CEO Jensen Huang called China’s open-source artificial intelligence a “catalyst for global progress” and hailed the country’s innovation in the sector as he addressed an expo in...
Flying taxi CEO is a billionaire again after stock rallies to all-time high
[NEW YORK] Four years after a much-hyped Spac (special purpose acquisition company) deal followed by a swift collapse, shares of US flying taxi company Joby Aviation have rallied to...
Flying taxi CEO is billionaire again after stock’s 160% rally
[NEW YORK] Four years after a much-hyped Spac deal followed by a swift collapse, shares of flying taxi company Joby Aviation have rallied to an all-time high, lifting the...
Chinese convertible bonds rally to decade-high on surging demand
[BEIJING] Convertible bonds have emerged as one of the most popular asset classes in China this year, trouncing the performance of local stocks and fixed income.The CSI convertible bond...
Stocks to watch: SIA, CDL, UOL Group, TalkMed, Amara, Seatrium
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 16): Singapore Airlines (SIA): The national carrier and its low-cost arm Scoot reported...
Citigroup looks to issue its own stablecoin to smooth payments
[NEW YORK] Citigroup is considering issuing its own stablecoin, positioning the company as a possible early mover in the push by traditional banks to expand into cryptocurrencies.“We are looking...
US banks JPMorgan and Citigroup see lower recession risk despite tariff fog
[NEW YORK] Large US banks reported results that topped estimates on Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty.Executives from JPMorgan...
US tariffs could have pandemic-like impact on planemaker Embraer, CEO says
[SAO PAULO] The 50 per cent tariff that US President Donald Trump plans to impose on Brazilian exports starting in August could hammer the revenue of planemaker Embraer like...
