Entrepreneurship
US bank profits to climb on stronger trading, investment banking
[NEW YORK] Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking.When JPMorgan Chase, Citigroup and Wells...
Glencore JV in talks to buy Exxon’s 59 Singapore petrol stations worth US$1 billion
The sale would allow the American oil major to deploy more capital in areas of higher growth potentialPublished Thu, Jul 10, 2025 · 04:49 PM — Updated Fri, Jul...
Aster is said in talks to buy Exxon Singapore stations: sources
The sale would allow the American oil major to deploy more capital in areas of higher growth potentialPublished Thu, Jul 10, 2025 · 04:49 PM — Updated Thu, Jul...
Richard Li’s China insurance expansion talks stall amid backlash to father’s port sale plan
The discussions were suspended shortly after the port sale was announced in early MarchPublished Thu, Jul 10, 2025 · 03:51 PM[HONG KONG] Billionaire Richard Li’s efforts to expand his...
Japan’s carmakers slash export prices to US to offset tariff hit
While Japanese automakers have announced some price increases, the country’s strategy of not raising prices too much has shown up in other dataPublished Thu, Jul 10, 2025 · 01:51...
Asia: Stocks mostly rise on trade deal optimism
[HONG KONG] Asian markets mostly rose on Thursday on optimism that governments will hammer out deals to avoid the worst of US President Donald Trump’s tariffs even after he broadened...
China lenders rush to sell riskiest debt to catch low yields
Chinese authorities have pushed through the mergers of hundreds of smaller, mostly rural banks, while the larger behemoths are struggling to generate profits due to record-low marginsPublished Thu, Jul...
Singapore’s future bankers vie for coveted spots at university finance clubs
[SINGAPORE] At Singapore’s universities, undergraduates are fighting for the golden ticket they believe will get them a coveted banking job years later: membership in a campus finance club.Lengthy interview rounds and...
Food Empire to invest US$37 million to expand India coffee facility, eyes Asia for growth
[SINGAPORE] Food and beverage company Food Empire intends to invest US$37 million to expand the capacity of its spray-dried soluble coffee manufacturing facility in Andhra Pradesh, India. This will...
Food Empire to invest US$37 million to expand soluble coffee manufacturing facility in India
[SINGAPORE] Food and beverage company Food Empire intends to invest US$37 million to expand the capacity of its spray-dried soluble coffee manufacturing facility in Andhra Pradesh, India.The move will...
